Just found BP a couple weeks ago, and have listened to close to one hundred hours between BP OG, and the rookie show, I'm committed and ready to pull the trigger looking for my first deal!
Hello community! While I've been a landlord for a long time now (just by moving out of my house and choosing to rent it instead of sell it), I'm now purchasing my first rental property. I just finished my 3rd book on ...
My family and I love going to Florida off Highway 30A and have been dreaming of owning a place here for years. I am considering selling my rentals in Arkansas to be able to buy a vacation rental where we love to go so...
Hello Everyone,
Last year, I purchased a property using a DSCR loan for a medium renovation. The existing home was 1,000 sqft. But we've decided it would be best to add a second level and build a new home. The home i...
Hey all,
Does anyone currently (or recently used to) own a vacation home in OBX (Corolla more specifically) that is willing to speak to a few items and general feedaback:
1. Vacation renal income norms over the last...
Lets say you aquire an inherited property that’s paid off. It rents for $3300 a month but with taxes, insurance, HOA, PM, maintenance and vacancy % expenses, it only cash flows $1950. Sounds great but it’s worth 600k-...
What's the most productive and least expensive CRM system to use when just starting out?
I am looking to buy a mobile home park. I have experience in approximately 100 single family deals but have not done a mobile home park deal so far. What are the typical cap rates these days? How much down payment ...
I am considering starting a s corperation to own my LLC's that I keep my rental properties in. From what I understand I could pay my self a small management salary of something like $6000-6500 per year, and receive th...
Hello BP!I'm actually not that stuck with my broker and have recently parted ways. However this experience has definitely got me thinking about how to avoid this situation in the future. I've been overseas for sometim...