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Ok, I'll try to make this concise. My marketing budget is $1500/mo. Our original plan was: bandit signs, direct mail to absentees and drive for dollars, email blasts, and network with wholesalers. We are a coupl...
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Greetings BP!!!I have been silently exploring the podcasts and forums. I search for random questions and always find several solutions. I am in awe of the wealth of information that BP has to offer. I know I'm in the ...
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Hey everyone, I would love some input on a property I am considering. This is preliminary info so all the details are not in but would love your thoughts on first glance. National company, BBB- rating. National re...
Here is your scenario – Your financial standing is as follows:
$80,000 in cash savings$70,000 household salary (will be $100k+ in 3-5yrs)$20,000 debt (school, cc and medical)$0 assets You are married with no ...
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We are new to property investing and naively jumped right in with three multifamily properties. We’ve had them since April ‘21 & we are carrying the mortgage on all three as they do not pay for themselves. We’ve h...
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What is the 1% Rule in Real Estate? The 1% rule is a real estate investment guideline indicating the minimum monthly rent you must charge your tenant to break even on a rental property. The rule states that your rent ...
Earlier this summer, my wife and I bought an older city town home that we renovated lightly (updated bathroom and kitchen), within a reasonable budget. We ran into a 2 month setback with our first contractor and decid...
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I just moved 460k into an account with 4.75 % interest. It will provide over $2k a month of income, risk free until I decide what to do with the cash. For the past year, I had been looking to invest in multi families ...
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Since I can't get any more conventional loans, I am trying to venture in multi family investing to add to my monthly cash-flow. I am looking to get around a 10% CAP or better however it seems that most people are very...
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How many STR do you have and what have you learned in your journey? What has your experience been like?