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I am very new the real estate investing game! However I have been listening to podcasts and studying the process for a about a year now. I feel confident enough now to take that next step! I am currently getting pre a...
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Why aren't builders trying other materials instead of stick-built homes? I just paid $72k for a lumber package on 4 1250 SF townhomes that would have cost less than half that a year ago. Almost every major metro area ...
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Hey all your savy investors out there, I have officially completed my first "BRRRRRRRR" after 2 years. I did all the work myself and what a learning experience it has been. I was able to take the annual gross rents fr...
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Hello BP Family,I currently own 2 SFR. One I own free and clear (House #1) and I owe about $28K on the other (House #2). The rent on the free and clear is $500 and the other is $675, so I am positive cashflowing on bo...
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Good morning BP Homies!I attended the age old "Texas Tuesday" traditional courthouse auction lawn party yesterday and witnessed some interesting things I wanted to share. For those that may not know, the market here i...
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Hi Everyone,A few months back, I closed on a 2-unit in West Village and this week I got the notice from the Board of Assessors in regards to the new taxable value on the property. I was expecting an increase, but I w...
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Hi friend. I’m sure you’ve heard many tips on how to start investing, how to grow, etc. Below is some advice that you may have not heard. In fact, it’s so unpopular and counterintuitive that a Google search for suppor...
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Turnover is a killer. What is your average turnover? There are definitely differences depending on the type of property (SFH, Duplex, Tri, Quad, 5+) and regional variances.
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When searching for multifamily properties which have the greatest ROI potential between Class B & C properties? Why do you feel the way you do? Thanks in advance.
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Analyzing a few 5+ unit deals in an ultra small market, where even local commercial brokers and lenders say “we don’t really use market cap rates, we just order a third party appraisal” to determine value. I have “ac...