What is your real vacancy rate? Do you go back and actually calculate it each year or just have a number in your head? I typically input 8% in the financial calculators before I purchase a property but some are better...
What do you guys think is a solid ROE number and why? I listened to the BP podcast and they were talking about this. I have had more appreciation then I would have expected which has skewed the ROE in a good way but...
Hi everyone,I have a dilemma on my hands and I'm looking for some advice. I have a duplex in a very desirable neighborhood in Michigan. It's never vacant because of the location and because of the condition. I purchas...
Happy Monday, BP! Question of the day: What market(s) are you investing in, and what were your deciding factors on picking it(them)?
Hello everyone,
For a bit of context, new investor here. I have been doing all the research (podcasts, YouTube, books etc) the past 6 months. I am going to sell my primary residence and net over 100 thousand. I h...
Our Anchorage-based single family home tenants' lease is up in May 2020. They have indicated they are going to save up for a down payment on a new house and would like to rent two more years. Yay! They have asked i...
Hey Guys,First Post. I recently got my first investment property (SFH) and I will be wrapping up soon. In the process of finishing, I came across a deal for an 8 unit apartment building for under 350k. At first glance...
Hi Everyone,I'm a young entrepreneur interesting in getting into the investment game. I have goals and dreams of becoming a young millionaire (25) and I know that I need to get busy now. Can some one please inform me ...
What is a good starter-type property for someone looking to get their feet wet with commercial real estate? Like a 12-unit apartment building? Or like a warehouse? etc. Looking for a type of property that won't make m...
Hey everyone,
Not sure where I should be posting this as this is my first post, but I'm in need of some advice. My wife and I are currently looking to buy in the Sacramento, Ca area. We've been looking around for a f...