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Hello, I’m starting to analyze deals everyday and came to the problem of calculating expenses on multi family. Question? When I’m calculating expenses ie vancany, repairs, cape, and property management fees do I t...
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I live in Fort Worth Texas and am looking at cash flow options for up coming properties instead of the traditional fix/flip. Lease options, contract for deed, seller financing.....My goal is to create passive income,...
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Hi Bp hope everyone’s doing well today it’s been a while since I’ve been on here! I own a 2011 Toyota Tundra. It’s a beautiful truck that’s lifted 6”. I made a previous post about paying it off a while back. It’s my ...
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Hello BP! Wow it feels so good to finally post! I have read and learned so much here on BP, but have never mustered up the courage to post lol. I have been tremendously touched by the amazing community here and have ...
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We have about $170k in “bad” debt and our DTR is almost 50%. We are about to get $150k in cash from a business sale. Should we pay off debt or invest? I’m thinking pay off enough debt to get us to 30% DTR then invest ...
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Hi everyone, what percentage of my monthly rents should I be putting aside for future expensive repairs like roof, furnace etc.? For example, if my rent revenue was $2,000/month with $1,000 going towards mortgage, wha...
Hi all,
I'm 33 years old (about to be 34) and I work as an Administrator in a school system making 125k a year. I just started and I have only been at this position for 3 months now. My situation is a big complicate...
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First time investor here and new to BP. I am currently house hacking a 3/2 here in Cocoa Beach, Fl area. My initial goal was to rehab the house after saving up some money. Since buying the house the property valve in ...
Hello all,This is my first time posting on a blog so bear with me. Mainly I’m just looking for some second opinions from some individuals who have been in my current life situation or similar to. I would appreciate an...
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I just wanted to bring up the importance of getting a 2nd opinion when having any type of work done....One of my units was getting no cold water at all, I called a local plumber (bigger corporate type) and they checke...