Is an increase in cash flow worth taking on more leverage?Was just running some rough projections on a 4 unit apartment we’re looking to purchase. At first glance both look the same. Until you factor in the down p...
I am looking to purchase a vacation home that I plan on using as a short-term rental. I have done this once before, so know that I will need an investment loan vs a second home loan. It has been a few years so I wante...
Hello BP World. I just picked up a great little project in Las Vegas. It’s a duplex with a garage that can be converted to an ADU (accessory dwelling unit) aka Casita. It’s going to be a great project and am thinking ...
We are under contract on 145 acres in Brevard NC. The property has direct access to Dupont State Recreational forest (a huge mountain bike/hiking/horseback riding area) and already has 10 miles of trails and a Pump T...
How do you begin to calculate projected income for a STR having no experience in that realm of REI. I have a deal that may be worth doing, however its not as strait forward as a MF rental or SFH where you can very eas...
Hello, BP family! I hope this message finds you well. I want to share with you the story of my journey in real estate investing and remodeling.
Growing up in a low-income family, my wife and I always dreamed of ownin...
I am looking into my first deals and I am struggling with understanding the rehab and design costs and actual tactics.I understand that I do not have a background in construction and designing interiors, but surely th...
I am looking at a 6 family property that is roughly 650k fully rented. I feel that it is just too expensive and give up to much equity buying at this level.
My question is at what point is cashflow high enough to ...
An agent came to me with a possible deal in Reading, PA , it is a full gut project. with parts of the house needing a rebuild so, a architect will be involved. It's going for 50k last purchased for 25k. Seller is moti...
Back ground, I have a NW of approx. $1.3 MM. Three properties with seven units that generate excellent cash flow. I'm sitting on about $350k in cash and I'm wanting to put it to good use. Two questions: 1) I have the ...