hey everyone. I'm looking to make my first BRRR purchase.Ive found a potential deal pending more advanced research. My target investment area of Rochester NY is ~6 hours driving distance. What is the best way to take ...
Hi everyone!I’m excited to say I’m closing on my first deal (a house hacked duplex in Concord, NH) after four years of studying books, podcasts, and forums through this awesome website! So thanks to everybody who take...
What would be a appropriate Amount of time. When checking on your rental property for inspection Every 2 months 4 months or 6 months for a 12 month lease?
I'm looking for my first house hack and I live in a smaller town where prices aren't sky high. I have been to this property before and, to be blunt, it was in horrible condition. I also know that this is not the best ...
Hello fellow BP'ers,
First let me say that I am a frequent reader of BP blog posts, and through those posts, I have been steered more toward multifamily properties lately. I used to think that I wanted single fami...
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Hi everybody, I am from Texas. I started a 2 year Rental agreement last year. I verbally told the tenant if he keeps up with his payments I will reconsider his rent (rookie mistake) and offer a discount for the 2nd ye...
So the first time I met my tenant a few weeks back she had asked me about the lawn care and said that the previous owner was taking care of it all. I told her I would get back to her on that. So I checked and in the l...
Curious as to what IRR you look for in a value add MF. I spent an hour or so building a model with some guestimates. Kinda curious how far off I would be. With no rehab I estimated the IRR to be 12% and w/ rehab 22%.H...
We just found out we qualified for a 15 year refi @4 % on a 2 unit property (it's actually 3 units but it's on the records as 2). The monthly payment would be almost exactly what the rents bring in. So any repairs, an...