Hello !I am currently a homeowner and am thinking about refinancing with a cash out of $50k to be used towards purchasing a rental property. I have been doing a lot of reading, joined my local Real Estate Investors A...
Any suggestions on a free or low cost program/app to collect online rent payments from a 9 unit commercial building? I’d like an easy way for tenants to pay rent, submit repair requests, etc. Thanks for any insight.
Guys when using the bp calculator. I understand that we looking for a minimum of $100 cash flow per unit right. But does that including me personally living there or not?! (If its a duplex). Or is that implying that 2...
BPers,Is there a rule of thumb about how much cash you should keep on hand, beyond the aquisition cost? As I am drafting my budget for my first MF Apartment acquisition, I want to make sure I am not over-leveraged.Str...
So I’m a new to REI, but I have my eye on a duplex in KS and am currently living in NC. I work full time, so I wouldn’t be able to take off a huge amount of time to get the place ready for tenants, personally. But it’...
We all know NYC is insane with separation of trash/recycling and loves to issue fines.How much do people on here pay for trash sorting/ taking to the curb per month for a 2 family? Basically a super that only takes o...
BP family, I have a wholesale deal that I almost have under contract (pre-foreclosure) ! All the numbers workout just fine; however, there is one issue. The seller is separated from her husband, but not divorce. She i...
I know we all want a great spread but what are the specifics you like when seeking out potential properties?
1) Owner has been filing chapter 13 bankruptcy to avoid losing her home so no mortgage- there is a lien on the home2) behind 21k on property taxes3) needs minor repairs and updating maybe 8k ARV: 90K Rents: 1200Mortga...
What if I mastered the BRRRR strategy & I have 10 properties under loans. How do I protect myself if 1 of the 10 properties isn't being rented for a period of time and the loan flops and the property goes through ...