I'm just about to close on my first rental property (house-hacking a duplex in a small town outside of San Diego, CA). The previous Landlord raised rents 3-5% every year on this property, so it is currently rented fo...
Hi BP,Wanted to share a successful BRRR deal I finished recently, it was actually my first time using the BRRR strategy instead of just flipping the house and I must say I am hooked. Also, the title of this post can b...
From the few people I have spoken with from Las Vegas have generally said that the market is good for buy and hold and not so much for flipping right now. Is this true from others experiences. I am new to Real Estat...
Hi everyone. I know back before the housing crisis it was possible to get a HELOC on a rental property, but is this still possible today? Have any of you recently done this? We have one single family home and looking ...
Hello Everyone,I've learned a lot from Frank Gallinelli's "What Every Real Estate Investor Needs to Know About Cash Flow," however, the Internal Rate of Return concept is still a little confusing to me.In this book th...
We found a 2 family property asking 115K. We will offer 85K and keep out fingers crossed he accepts. We have spoken to a contractor, for rehab. His estimate is 70K, that includes turning it into a 3 family and add...
Hi BP Fam, Previously I mentioned I was onto a large deal that I thought would be an absolute killer. Well...turns out things don't always work out as planned. I'm not happy about the results on this deal that I've be...
Building Permits provide a snapshot into what the supply pipeline (new homes and apartments) in a market will look like in 12-24 months time. The more supply dropped into a market, the more growth needed to keep occup...
Hi Everyone, I am a new member from Dublin CA. My husband and I are planning to buy our 1st investment/ rental property in the East Bay area and are looking for some advise. Our budget is around $500K ( Looking for...
Economic Update(Happy Martin Luther King Day)
Predictions for 2021? As 2020 has shown us, the world can throw so many curveballs at you that predictions can be about as useful as new year’s resolutions. In that s...