Two Family Property, 2BR/1BA each unitPurchase Price: $175,000Gross Rent: $1,800/month (might be able to get more, but let's play it safe)Monthly Expenses:Mortgage (includes taxes, insurance): $1,213PM(10%): $180 (pai...
Hi BP!I am a 28 year old newbie investor with a background in finance & accounting. I'm looking to expand beyond equity investing in my ultimate quest for financial independence.I've lurked around BP and have been...
So I have been on this site and missed out on a several opportunities. I am in Denver, CO. In 2008, I bought my house for $188k. In 2014, cashout refi For $300k. In 2018, we moved to new house and rented out old hou...
Hello everyone,I am currently educating myself on underwriting small sized (sub 10 unit) multifamily deals to sharpen my skills. Usually I am going through MLS portals (ugh) or loopnet (boo!) to find buildings for sel...
In 2021 I bought a 4 unit property as my first investment property. Code enforcement is now telling me I only have a 3 unit property, so I have to kick my tenant out of the newly upgraded unit. I got a loan on the p...
Currently my short-term management property is managed by the property management company. If I have to manage the property by myself, I am curious which property management software (Hostaway, Guesty, Lodgify, PriceL...
Hi everyone,
I have a question regarding Yardi.
I've been searching for Yardi training or courses online for quite some time, but haven't had much luck. I'm currently exploring opportunities in real estate, and I've...
Hello all,I plan on buying single family and multi-family homes in need of rehab, and know absolutely nothing about the rehab part. So I'm trying to figure out how many people I need to hire and how specialized they h...
I am getting a DSCR loan to buy a STR. My question is if the first DSCR loan is 9% and 5 years from now the rates drop to some lower rate like 6% can I get a new DSCR loan at the 6% rate to replace the higher DSCR 9% ...
Hello BP members! I am based out in California and looking to invest in the Indianapolis area. Relatively a newbie but been lurking around BP for a couple of years now ingesting all the amazing contents and reading on...