After selling rental properties to investors for 20 years, the common denominator why people hate rentals is because they don't like managing the rentals. I always tell investors to spend their time educating, improvi...
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...