Jacob Evans
UHAUL OR BOX TRUCK FOR DUMP RUNS
Yesterday my contractor told me I'm paying $1,000 per month to rent a dump trailer for trash outs on our flips. I assume I could save that $1,000 per month rental fee if I just bought a uhaul or dump trailer of my own...
Larry Flanagan
How much should I be paying for tax returns?
I have an S-corp that rehabs and I own a few rental properties personally. I turn over my Quickbooks for the S-corp and a spreadsheet for the personal stuff. Its pretty much fill in the blanks for my tax returns. W...
Oliver Santiago
Need help in analyzing a 6 unit property in Chicago
Hi BP members, I wanted to ask all of you if anyone can help me analyze this off market deal from my realtor. Its is a legal 6 unit building in Jackson Park. it consist of (5) 3/1.5 and (1) 2/1. Owner said it has up...
Joshua Watts
New project underway
I completed my strip mall conversion to self storage and now to my new project a full remodel of an 8 plex just outside Chattanooga TN. We plan on replacing just about everything. Here is a couple of pictures of the s...
James Allen
Do I have a lead worth pursuing for Buy and hold??
Hey Guys,So I found a 4 unit multifamily that cash flows pretty well. It may be a retail value as far as comps for the asking price are concerned but my question is should that matter if the cash flow is on point. Her...
Amit Shah
should i buy my first rental in this sellers market
i did research and finally came up that i would like to get rental property around jacksonville area. currently i am living in NJ>. but eventually would like to move to Florida.This would be my first rental. i am i...
Chuck B.
$100 per door... really?
Dear Pockets,
I've read a couple of times about folks saying they look for deals where they can get $100 per "door". I'm not completely clear on the concept... does this mean that you're buying highly leveraged ren...
Dan G.
Buying residential rental properties in South Florida
Hello,I live in South Florida and I am looking to buy a large number of properties (mostly single family homes, possibly some multi-family) that I can buy with cash and rent out to make good cash flow. I'm really not...
Kevin Rollins
Would you do this deal?
This property is a duplex in a college area with good rental history (not college kids)Purchase price $125,000Rent $1850Electricity $25Water/Sewer $100Insurance$100Heating $150Vacancy (5%) $92.50Maintenance (5%) $92.5...
Danny Webber
Why "Financial Freedom" is a myth and "Financial Health" should be your goal
People peddling "Financial Freedom" in the form of a course/class do not understand the term.The term "financial freedom" is often used to describe a state of being where an individual has enough wealth to live their ...