So I'm ready to buy my first SFH rental, but I'm struggling with a few things. I want to know what expenses I MUST account for when calculating rental income minus expenses. (Tax, Insurance, etc.) Also, how do I know ...
I am currently feeling pretty discouraged. I feel like I have a strong strategy set (one 2-4 plex per year as buy and holds plus a few vacation rental cabins in a nearby town for stronger cashflow) but after looking f...
How did you transition from 20% down on turn key/mostly ready properties to BRRRRing and/or any other sort of buying off market deals cash? Given my market, Dallas, every time I save 40kish my first thought is let’s g...
Hey guys, I graduated recently, so I have more time to devote to getting into my first deal (a triplex or fourplex that I will live in). I'm working full time at a property management company to save money and have a ...
Hi everyone,I've been reading the forums, books, listening to the podcasts, and learning so much! I'm currently closing on my first house and I think I have most of the next steps figured out. Because the market is so...
What application/program do you recommend for managing your books/portfolio. We are currently using quickbooks but as our portfolio expands I was wondering if there are any other user friendly applications that anyon...
The completion of my first rehab is 3 weeks away. I have my rent set but I am still unsure of how much I should charge for a Security Deposit. I have seen different takes on this. First and last months rent. First and...
Hi guys,
I am new to foreclosure purchase. Recently, I've decided to invest in foreclosure properties. Are the deals that are foreclosed under HOA legitimate? These are actually in foreclosure auction, but it...
Hi BP Community I am a newbie investor and trying to invest in the Mid West with the hope to generate positive cash flow. Since this is my first investment I am trying to play it a little safe. My concern is that I am...
I read quite a few threads on similar topics, but there's nothing that I found *quite* like my situation.
About me: 25, married, bachelor degree, no debt, pay off credit card in full every month, credit sco...