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Hello,I was wondering if you could advise me on how common is a deal like this. I'm using this person as a credit partner because I can't qualify for the loan. My credit partner is the owner of the local investments g...
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Hi all. I live in a very expensive area where I look to invest in a multifamily. I have been crunching numbers now for several days on hypothetical properties based on prices in my neighborhood and came to interesti...
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Hello Fellow BPs...I need your advice!I am looking to buy 2 condos in a "not so good" area mainly for cash flow. Rents are $1000/month. Condos cost 63K and 57K respectively. HOA + taxes is $364/month each and both are...
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Hey everybody,I've been practicing analyzing as many deals as I can. But when I account for expenses I am having a hard time estimating the monthly insurance rates for a property in San Antonio and accurate monthly ut...
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Question for all you smart, savvy realtors. I am looking to start flipping full time in about six months. I want to get my license to help in that endeavor. Does anyone know or have a guess of what my fees would be, p...
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General question regarding what you use to set funds aside for maintenance on a multi-unit. I looking at a $155,000 3 unit apartment that produces $1,845 in monthly rents. All the major expenses seems to be a taken ca...
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Duplex. 15 years old. 2BR/1.5BA units. 900 sq ft each. Area = C class.Rents: $500/unit for $1,000/month gross.TOTAL INCOME: $1,000/moExpenses: Taxes = $55/moInsurance = $75/moProp Mgmt = $100/moCap-Ex = $100/moOng...
I've been using Airbnb for vacations and found myself wondering if people put up their properties permanently on Airbnb. Seems like a bit of a pain in the a* with having to clean and offer the full "works" every time ...
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When I decided to find a new real estate accounting software platform in the fall and finally untangle myself from the nightmare of Quickbooks, I had no idea it would take me this long or be this complicated. You can ...
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I recently purchased my first property. It is a very nice home in a great neighborhood, 3bd 2.5 ba, $2k/mo rent. The tenant has been in for 1 month. She's a really nice lady with exceptional job, background, refere...