Amie D.
Is there any strategy in which this would work?
There is a house for sale that is a 3 bedroom, 2 bath, 1300ish sq ft single family, listed for $329,000 that has been renting for the past 4 yrs at $1400/month, but could "probably" be rented for $1600 a month. As wel...
Douglas B.
Estimating costs of repairs
this is a post for the SUB30kCLUB and anyone else who can help.
When buying a property in need of some rehab, what do you estimate for cosmetic rehab costs vs major rehab costs? I know that costs will vary w...
Nikolas Buchholtz
Forced appreciation
Hey everyone, so I have made a few posts now and here is my next question. I am most interested in buy and hold investments, I have done enough research and reading to get the concepts of it and the term I have heard ...
Matt A.
Is Cap Rate a dependent or independent variable?
So my understanding is correct:
The figure represents how productive the property is relative to its value.
The three figures (NOI, value and CR) seem to flow in a circle
Rental demand drives rent price
The expected ...
Account Closed
best way to build credit score?
i took a class with Richdad poor dad a while ago and the guy said that you want to have as many credit cards as you can get. i have heard that having too many credit cards hurt your score.so my question to you is, wh...
Amanda Scheller
Should I sell?
Hello everyone,I bought my 4 unit building for $175,000, Saint John NB, in 2019 I could sell it now for $450,000. Rents together are $3400 each month. A home run i would say. Im moving to San Diego next year and want ...
Account Closed
Kitchen Open vs Closed Concept
I've personally come from a household that has always believed that a close kitchen (kitchen in its own room like space) is the go to. However, began to notice that is a split on whether open or closed is more desired...
Julian Maze
Getting the first deal done
Good Morning,I have a deal that I am currently evaluating and I am looking for advice such as are they truly deals, what other things should I consider. Just so we can connect a little more I am a 22 year old investo...
Ayodeji Kuponiyi
Should I Buy a Negative Cash Flowing Property?
Many times on BP I've read "buy a cash flowing positive property". What about a negative cash flowing property? I've read that you make your money when you buy, does this apply to a negative cash flow property? I'm su...
Wesley C.
Where do you keep cash reserves?
There is no right or wrong answer to this question, but I would be interested to know where you guys keep short to medium term cash that you are holding between deals. That is to say, you sell a property and you have...