Hello everyone! I'll try to be brief and straight to the point. I have been studying and preparing for some time and am finally ready to begin investing in real estate. I know it is uncommon to start this big, but I h...
Hi Everyone Closing on a $350k rental property with financing options listed below. I have run several calculations and would like to hear some opinions. My preference is to reduce the amount paid up front in both fee...
What is your net operating expense ratio? and how much of the operating cost is paid out to cleaner? So I have this number for example. Revenue $90,000 ($75,000 from nightly fees, $15,000 from cleaning fees)Operating ...
Hi, I have yet to invest in my first rental property but this whole tax situation is started to scare me away. Are there any good books on Rental property’s and taxes? We’re can I find a good CPA?And the big question,...
I plan on buying a home soon for the money I make from crypto. I will use the brrrr method. Hypothetically, after I complete the property and the market tanks, what do I do with the rental property?
Hey BP Family.I am starting to prepare my documents that I need in order to rent out my unit.The home is in Multnomah County, (Portland, OR) and I know being in that county, it isn't landlord friendly and you want to ...
I have a couple of rental properties outside of US which pay for themselves. Do I have to disclose them when I try to get a mortgage from lenders in the states?
Hi everyone! I have an appointment with my bank (Chase) to look at my options for a mortgage to get pre-approved. Before my appointment I wanted some advice on what I should look out for. What not to say, and just bas...
Hello BP Fam-I’m excited to post an introduction the same week I’m making my first offer for potentially my first deal (fix up + BRRR rental). Location: Florence, SCShort Term Goals: - Purchase 1 SFH property by end o...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Meriden.
Purchase price: $277,500
Cash invested: $18,000
House hack #1
Current cash flow: $2000/mo (2 of 3 units)
Project...