Keeton Byerly
25% Expense Ratio - How to I get it?
I've seen several multi-family home listings suggest that a 25-33% expense ratio was not only possible, but commonplace. In my properties, I've been operating at about 50%. Is this something that comes with economies ...
John Joyce
New to RE Investing from Scituate, MA
My name is John Joyce and I am looking for my first small multifamily deal. I’ve been studying multifamily analysis and proper management a lot recently, and I’m here on BP to learn more and make some connections. My ...
Jon Hilfiger
HELOC for down payment?
Has anyone used a HELOC on their primary residence to finance their first biggish deal? I found a decent deal that works with a 20-25% down but when I factor in paying back even the minimum on the HELOC (1% of outstan...
Jerad Grace
Sending Holiday Cards to Tenant
Was thinking about sending out Christmas cards to tenants. I only own 1 rental property and both my tenants are fantastic. I was even thinking about a small $50 amazon/gift card for both of them? How common is it to...
Account Closed
New Member Introduction: Olivia
Hi Everybody,
My name is Olivia, and I'm in the Chicago area. I'm a lawyer and I'm starting a real estate investment business with another lawyer friend of mine. I'm just digging into how to get started with ...
Jim Mcmillen
Monthly salary requirements
What is the general rule on the minimum salary someone should make in order to qualify for a rental? For instance my sfh rent would be $800 per month. Thank you.
Patrick Snyder
Anyone ever paint a roof?
I have a house I plan on rehabbing and the roof color doesn't go well with the rest of the house. The asphalt shingles are in good shape, so rather than replacing, I have been researching painting them. There's a va...
Eric Belgau
Washington + Cannabis + Landlords
I'm not sure if this is of any interest to the community here, but from where I sit it's getting to be downright fascinating.
With recreational cannabis legal in WA and CO - and momentum toward legalization e...
Lee Schram
1031 liquidation
Hi BP,Need help with a 1031 question.On a 1031 election, can you liquidate the proceeds prior to the ending of the 180 day period requirement without penalty?If so, are there specific situations that allow you to? ...
Brendan Griffin
Back splash ideas?
I have done a few flips but this is my first kitchen gut. I am struggling with design ideas. Hoping someone may have a nice back splash recommendation to make this kitchen pop. The cabinets are off white with a bei...