We use state farm and have "cash value" coverage. They've explained 20 times what that means but I find I forget over time. It has started me thinking that maybe I should shop around? We're die hard State Farm clients...

Hello everyone,My brother and I are in the middle of our first house hack in Massachusetts. We have the house under contract and everything has gone through except now we are stuck at the appraisal. It is a deeded two...

A friend of mine recently took a job that will move him from Atlanta to Charleston, SC.  He has lived in a nearby neighborhood for 20 years.  His home is very dated and probably one of the worst looking homes in the s...

I was listening to an Old Capital Podcast today and they had what I thought were some fascinating guests, Vino and Mangesh Patel. They started out investing in hotels in the 80's and switched to B & C value-add ap...

Okay location is in a small CITY!, however looking at the microeconomics and the city seems to be appreciating  slowly per year. The vacansy rate is around 2-5% over the last 3 years. Here is the numbers.Rooms: 6 bedr...

Hey BP,1) When is safest time to drive for dollars. I do it alone and driving in war zone areas sometimes. 2) Best way to log your driving for dollars houses?3) How many houses is a good amount to get in one day? (vac...

in a multi family building, how do you all handle when a unit becomes vacant, another tenant wants to switch and move in?That could be for a variety if reasons, that unit is farther from the street, or newer appliance...

Alright...that is all done and I can move on...phew..
So heres how the deal broke down.
I paid 162K for the property
Spent 33K on the rehab which took 8 weeks.
Closing, holding, and closing again cost a total of 16K.
...

When a potential tenant turns in a application how much of a deposit should I get? If accepted it will be applied to first month rent or how does everyone else do it?  I also don't charge a fee which I tend to believe...

So, I am looking at a SFR bundle that cash flows well, however the lender needs to get some value on the deal. the problem is from my basic comps, and square foot prices etc it is very close to being a "no go" situati...