Recently, I've been experiencing some confusion as it relates to cash flow, expenses, and the concept of self-sustaining properties.At some indeterminate point in the future, I want to have replaced my monthly w2 inco...
Hi All,
Quick backstory: I'm currently in the process of learning/preparing to be a buy and hold rental property investor. I've been reading, saving money to invest, etc, and had the goal of obtaining my first invest...
Hey BP community!I’m about to start building a vacation rental in the dessert near Joshua Tree. I’m starting to feel that by the time it’s built we could be in a rescission (if we’re not already). What will this look ...
Do any of you give Christmas gifts to tenants?
If they are "good" tenants, I'll hand deliver a gift card from the local grocery chain. They can use it for gasoline or groceries. Depending on the tenant, the denominat...
To start off, this is question post, not a solution thread. I have been thinking and planning on deploying the BRRR strategy over the past few weeks. While meditating this morning (I'm trying out the miracle morning r...
We have the good fortune of too much off market deal flow and not enough time to tackle all of the projects we wish we could. We hate to just toss these leads, but we don't have a system to offload them. Furthermore, ...
This was an interesting one. The heat at one of my units has been wonky -- its steam radiator heat with the old-school upright radiators, and some were giving off great heat and some were not. This particular unit has...
A couple of things to get out of the way before you read the rest of my layout. Yes: I can save 70% of my gross income. I’m a minimalist and I require very very little to survive. No: I’m not planning on having a fami...
Hello everyone, my name is Jack. I am an amateur investor trying to figure out the best course of action to grow and scale my RE portfolio.
For context, I purchased a SFH in AZ for 370k in 2018. Owner occupied for 2...