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I have a SFR rental in Utah. It makes about $140/month in cashflow. The city it's in is growing quickly (new hospital, a new high school, businesses, etc.). I would like to free up some cash from the property and I do...
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Hello fellow BP bloggers,Brief background:I am relatively new to the real estate world, and have decided to dive head first not only with investing but also with changing my professional career. I am still active duty...
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Hello fellow real estate investors!My wife and I are proud to be able to finally post on the BP forums after becoming members over a year ago. We live in Kalamazoo, Michigan. I work at one of the hospitals here and my...
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Hopefully someone more experienced can help me wrap my head around this.
Unless it makes a difference, my widget in this example will be a stick-built SFR.
Purchase price $10000
Repairs $5000
ARV $25000
10% down $25...
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I've been scratching my head at this 2% rule of thumb to determine the rent price of a property. I know it's more of a guideline than a rule, but I just don't understand how I could get away with charging $6,000 a mon...
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Hi everyone, I would like to share experiences from my first investment property. I am at the cross roads about refinancing and would like to ask for any input from people on here who have experience with BRRRR method...
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Curious to see if anyone from Atlanta found great rental property deals within metro Atlanta in the past few months with current market.I have been searching around and analyzing some deals but it seems like none of t...
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My name is Duncan McGehee. I reside in Jackson, MS and am a tax accountant (working on the CPA). Ironically, I love talking and meeting new people and building relationships. I've always enjoyed the idea of getting in...
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My wife and I make a combined income of nearly 300k in our W-2 job. We don't own any property and are getting killed in taxes. Last year we paid about 60k in taxes alone. Our accountant said that buying a 4-Plex apar...
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Hey all, I've been in the real estate game for a good many years, and I will say I've learned more from my failures than my successes. I originally started with 2 and 3 family homes, which I purchased with cash. The...