How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
Property Managers and their fees are an almost unavoidable part of building a real estate portfolio. But what if I told you that your property manager can charge you a fee that will actually make you MORE money in the...
Hello everyone,I'm a young aspiring real estate investor looking to complete my first deal! At this point I am considering both options (in state & out of state) investing and am trying to weigh out my options on ...
So what would you do?I purchased a value-add, 4 unit in Columbus Ohio last year. The building was completely occupied with rents way below market. A few months after buying the property we submetered all the utilities...
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
Hey BP world!Reaching out to gain some clarity to on the BRRRR method and house flipping in general. Where my confusion comes in is in the debt to income portion of these deals. Let's say I buy my first home around $8...
I'm trying to find the best CapEx formula. I know that it can be calculated different ways. I know that the best thing to do is to make actual predictions about expected and predicted expenses rather than use back-of-...
Hello,I'm new to the investor world and I want to get started on the right foot. I've lived in my 2BR/1.5B town home near the beach for 5 years. I owe 135K and my mortgage is 1100.00 per month. Through some research I...
We were quoted a cost of roughly 300k for a particular company to do the architectural and engineering work on a 100 lot 50 acre subdivision. I am still new to all of this but that seems extremely high, considering th...