I've struggled, along with others, with the 2% rule. It has some drawbacks which I think can be improved upon with BP community help.

Simply stated, the income from a house should be greater than or equal to...

Howdy everyone. Hope you are all doing great!So, this year, I will make around $140k on paper.  I make right over $70k at my day job (with... no benefits, yes I know, moot point) and my rentals will pull in right arou...

Hey folks

I started RE investing about a year ago after studying it for a while. I live in the Washington DC area and now own two condos, both positive cash flowing, one at +$340 (cash/cash @ 11%) and the oth...

Driving for dollars I found a 14 unit townhome complex with a for rent sign. I call the owner, asked if they would sell, they said they are ready to retire so yes! They stated their starting price; as I asked for fina...

Honored to be a part of the BP family, and I’ve learned so much! I own 3 SFH properties.  I have enough money to do a $50K Recast on one of my properties with the highest principal owed. Recast meaning paying a lump s...

I own 3 SFR rentals and would like to continue growing.  Currently they are not setup under a business entity, but I think it's time to get this done before buying Property #4. After completing Property #2, my CPA sai...

To what extent is this a good deal? Here's the info on this 1,550 square feet fixer upper duplex that I have under contract in Cincinnati, OH with worst & best case estimates:Current Purchase Price: $99,910. I'm c...

When looking for a multifamily property to buy  what things do you look for? Do you look for all units already rente?  Maybe a property you will have to flip? What makes a property a deal breaker?

Hi All! I am new to the site… I do not currently own any investment properties; however I am plotting my entrance into the market. A quick background; I am a CPA investing with my dad who is a residential realtor. I s...

Hello commercial or syndication investors.   I know this may be a very broad question, and there are many variables involved in coming up with specific number.  But based on your experiences, what is a reasonable fee ...