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I have a buy and hold that we bought towards the end of the year last year. We know it will eventually need a new roof, maybe the next few years? We have another buy and hold that we recently bought and is getting a n...
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I own 7 properties (8 doors) in southwest Pennsylvania free and clear. I cash flow about 7k a month after expenses. These are in C locations but my places are on the nicer end of what is available in those locations...
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I am starting a park that will end up with roughly 20-25 lots on plot of land that's roughly 20 acres (including an existing 4/2 house). The house rents for $1200 month currently and will be able to get $1600 if renov...
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Is it recommended to have 1 bank account per property? Seems a bit cumbersome. How do you guys manage your rental accounts?
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@Billy L. and several others have asked me why I like the Stockton market, so I figured I'd share my perspective on the market and an example of how I achieve a 13% cash on cash return. I'd love to hear your thoughts....
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Hi BP of Boston,
When you consider rent increase, what factors do you base your decision on ? Do you increase the rent by strictly calculating the increases in your insurance, taxes and etc ? or do you try to not go ...
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- Any advice?
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Starting my search for $100k or less properties that adhere to 2% rule. Here's a list of areas where I speculate could meet this criteria:Indianapolis, Cincy, Cleveland, St Louis, Tulsa, Grand Rapids, Milwaukee, Pit...
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I own a single family in Waltham, MA. Mortgage taxes and insurance are $2,173 a month. Rent is $2575 a month. I purchased the home for $346K and is now worth around $450K. Currently 13 years left on the mortgage. Wind...
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Hi BP community! My name is Matt, I have been using the BRRRR strategy for about 15 years, primarily on smaller multifamily 2-4 unit. About 3 years ago, I got contacted by a real estate broker about a commercial pro...