Casynella Cyrus
How I made $100,000 in 1yr after quitting my full time Job
Hi Guys,Am Casynella Cyrus, A mom, Wife and recent DC Public School Teacher who left her job behind in June, 2017 to focus fully on my short term Housing Rentals. My husband and I currently own a lovely home in What's...
Oscar Miguel
ADU income for debt service on new loan
Hello everyone, I searched first but couldn't find any recent info. I recently completed a hybrid house hack-BRRRR-ADU build combo which I'm extremely stoked to say worked out almost completely to plan. I used a lot...
Chad Duncan
Duplex Analysis: Any advice?
Sale price: $225,000 NOI: $14,400-$18,000Possible Rents: $1900-$2200/month (total for both)Rehab Costs: $15,000 (this would get the $2200/month rents I believe)Estimated Expenses: $700/month (includes cap ex, vacancy,...
Adriel Hsu
Help Analyzing a 22-unit Deal
Hello BP,A 22 unit complex came one sale by the owners. It is in what I would say a C neighborhood. School district is absolutely terrible (rated a 1 on Zillow). I would not touch single families here, but I feel wit...
Gary Marcus
Advice please - strategy using HELOC
I have a 120k HELOC and am looking to buy my first investment property. My goal is to acquire several multi-family properties over the next few years. I’m trying to figure out the best strategy. Does it make more sens...
Dan Kim
Looking for private money lending partnership
Hello BP Community,I've learned over time and through BP that working with a partner may be the best way to begin my portfolio. The reality for me is that I have little capital to start and it hasn't helped watching a...
Josh Dane
Does the 50% Rule Apply to Section 8
I have learned a ton on this website, including the 50% rule regarding expenses (not including P&I). Look at gross rents (for example, $1,000 a month), and expect $500 in operating expenses. Now my question is, d...
Daniel Cuevas
First deal out of state
Hey everyone!
I was presented a deal for a triplex in Alabama, close to Alabama state. I live in Southern California so you can see the dilemma already.
The property is 100% occupied with two units renting at $600 and...
Ben Rasche
Renting to not-for-profits
Hello,First time posting for some feedback but I figured I needed to get active. I'm looking at purchasing and renting a property to a not-for-profit agency that works with chronically homeless and mentally disabled ...
Thomas Brady
Small apartment building. Good buy?
Hey Everyone, I have been working with an investor trying to find a good rental property to go in on and I think I might have found a diamond in the rough.Here it is: Asking $582,00012 unit 3/2 apartment buildingAll u...