Michael Castro
~1360% ROI so far as Airbnb purchased as primary residence. From ~$13,500 to ~$197k.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $183,000
Cash invested: $9,150
Purchased this home off market by a motivated seller moving out of state who had jus...
Sebastian Furze
Mortgage & liens
If a homeowner owes on their mortgage does that get deducted from the price that is locked up under contract? i.e. if we agreed on 100k but they owe 50k on the mortgage, would they only get a check for 50k? I'm assumi...
Keith Miller
Keith’s Five Bullet Book Summaries
Quick Summary: Multifamily can offer superior returns over most asset classes, especially when properties can be bought at a discount and steps are taken to increase NOI (Net Operating Income)Main Points: Never buy at...
Lucien Perreault
Multifamily Investing to avoid Volatility
Does your job have significant volatility? For example, are you in sales and don’t really know how much you’re going to make each year?What if you got into an investment that provided you steady cash flow every month ...
Jordan Akins
How to grow faster?
I started my company a year and a half ago. Im cash flowing $2600 a month with 5 properties, credit scores over 700, debt to income is ok, I have some equity just not enough to amount to much, and little cash. What ar...
Virgil Renfroe
Long-term Buy and Hold
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $130,000
Cash invested: $46,000
Sale price: $310,000
Great long-term hold. Refinished floors and did minimal re...
Kari Morales
Mobile Alabama investing
Is anyone in the BP community investing in Mobile, AL? It looks like a good place to BRRRR, does anyone have any experiences or opinions they could share?
Gwendolyn Davis
2, 50, and 70% rules
Hello all,I am reading The Ultimate Beginner's Guide to Real Estate Investing. My question to you all is: How do you calculator for multifamily units? I'm practicing using the rules and here are some details. Includes...
Gonzalo Escobar
DTI Calculation for Rental Property HELOC
Quick question to the community regarding DTI calculation. I know in the fannie/freddie world for a non-owner occupied property only the net of the monthly income over the PITIA is applied to the DTI. So for example i...
Liz Ellis
Just sold first rental property - lifetime ROI???
I am trying to figure out how to calculate the lifetime ROI on a property that started off as my personal property, but I converted to rental and have now sold. From what I understand cash on cash return is really onl...