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I'm looking to acquire 10+ SFR rentals. Let's assume I've accounted for all the following expenses before profit:
MortgageInsurance
Vacancy (5%)
Repairs (5%)
CapEx (10%)City Services (utilities, etc.)Let's assu...
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Hello. I am looking at a deal where the equity split is 70/30. 30 being the investor. 3 -5 year hold. I wanted to know if anyone has any experience as an investor in this scenario. What to look out for? What is includ...
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I wanted to share some details and timeline from a recent project we did - hope this will be of benefit to some readers. Aug 2019: Purchased distressed 20 units in Cincinnati, OH for $450,000 all cashProperty is 70% o...
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I just got a notice from my property management company for a long-distance rental property I have that they are scheduling fall inspections. The inspections are $175. This is my first rental property (I purchased in ...
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Trying to decide what I should do with a property I just purchased. I closed on a two family yesterday that I am intending to house hack. It has shared gas metering and separate electric. There is also only a thermos...
Hello all,
I'm a newbie who stumbled across bigger pockets and is eager to learn more. My story is a rather long but I'll attempt to include all of the important information. I'm looking to buy a house closer to whe...
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Hi There,
I'm currently in a partnership with 15 other investors. A multi family property was purchased which is going to be put in the name of the LLC formed with these investors. I have an offering letter...
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Hi, I'm in process of purchasing a house with 3-tenants, each on a separate floor. Each tenant has access to the basement through a common interior stair case. The unfinished part of the basement includes a washer/d...
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Calling out BP investors in Montreal, CanadaWhat Cap Rate do you consider good and bad for a small Plex (5 or fewer units) in Montreal, preferably on the island?Thank you,
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Good Morning BP family,I have a question regarding allowing animals or not. So, I purchased my first rental property in 2019, which was a 6 unit MH park, not the best looking, but a cash cow and great tenants . So, Q...