Hello, I am a newbie and about two months in. I've been reading everything I can get my hands on and feel it's time to start analyzing deals and crunching numbers. I figured I start at the Assessor's site which I di...
I spent $16,444 renovating this 3-bedroom apartment at one of my properties.Here's the breakdown:- Kitchen faucet: $76- Thermostat: $30- Bathroom hardware: $34- Toilet: $94- SS stove: $250- SS microwave: $150- SS frid...
Hello there :)First of all, as a new member, I wanted to say big and cheery "Hi" to everybody here and great "Thanks" to the BP team for their amazing work! My name is Marcin and I'm a 37 years old Pole living current...
In this economy the value of my home has skyrocketed. I am eligible for a cash out refi of about 100k. Would it be practical, smart, ridiculous or whatever to cash out and use that money to purchase a rental property?...
Are there any old timers on here who owned apartment buildings through the last cycle? I'm curious what happened to your NOI. Did it take a hit, and by how much? Was is from increased vacancy, increased concessions...
Hello There! Thanks for taking a second! My tenant mentioned that there was a leak coming from the toilet in April. I purchased a new toilet within 48 hours. However, it seems that the contractor missed a step with in...
Hello all, I am newer to the BP community and recently just kicked off my journey as a real estate agent in SW Montana. I have always been interested in real estate investing and want to get into my first deal and get...
Hey everyone! I am currently trying to get all my ducks in a row and have a long-term plan outlined. I know real estate investing will be the way I achieve my financial freedom. My vision of financial freedom is, of c...
What is your biggest problem/mistake/confusion when analyzing a deal?
Hi all,
Looking to get into real estate investing and have a super basic question but I couldn't really find an answer so please bear with me!
I see lots of information around cash flow and the importance of cash fl...