What are typical minimum monthly cash flow & cash on cash return you target for single family & multi family homes? I am looking for locations & markets that can yield that formula. I have heard single fa...
Hey Team!
New to the game and have my first flip under contract. I'm in need of an insurance policy while holding the property- my team is using hard money. I expect the time between close and sale to be 3-4 months. ...
I'm looking to invest in residential duplexes, tri's and quads. I left my W2 job a bit ago and can't find any lenders who will lend based on the cash flow of a property (they all lend based on the borrower's income). ...
Quick backstory-So I purchased my first investment property in January. I got extremely lucky, and had it rented out 9 days after closing. It was a turn key property, so I knew it wasn't going to have a substantial ...
Hey BP people! I've recently closed on a property in Baltimore that will be my primary residence when I get back from a deployment in the next few weeks, and have 2 questions that I'd love some help on:1. I am house-h...
BP, I have an 4 family under agreement in a affluent town north of Boston, very low vacancy rates and majority single family higher priced homes in the area. Property is located in a great location with ample parking...
a reasonable purchase price with the following assumptions:- 25% down- Property taxes around 2.5%- Insurance around $4,800
I have learned a ton on this website, including the 50% rule regarding expenses (not including P&I). Look at gross rents (for example, $1,000 a month), and expect $500 in operating expenses. Now my question is, d...
I have run across a great investment. A 28 unit apartment with great cash flow (according to the owner) in a town that is screaming for rental properties. The owner is semi motivated to sale as he needs the money t...
Hello all,I'm looking for interesting ways to pay yourself while building a significant cushion of cash reserves for each property. How do you generally execute this? Do you build up a pot of cash reserves and only th...