Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...
Questions for those more experienced.
In the beginning stages of locating and securing property for investment purposes, confusion may arise as to what steps should be taken and in what order.
My thoughts are that y...
Hello BP,GO HEELS!!!! For all of my UNC Tarheel fans #1 seed babyyyyyyyy!!!Okay down to business. I have my first property under contract for 54k and its a duplex but needs to be rehabbed to meet market rent comps in ...
(ARV x 65%) - Repair Costs = Maximum Allowable Offer. What do you do if the math makes the MAO so ridiculously low that the previously "motivated" seller becomes not so motivated? Example: ARV $162,000 X 65% = $105,...
I’m from East Texas , and my father lended me 100k to start my portfolio. I have many questions , first thing I wanted to know is, should I use the Brrrr method?
Hi All,I've found my way to this site from multiple channels, let's see what it's about! My wife and I are looking to start investing in real estate and have been researching for a while now. To avoid the analysis par...
Hi BP family,I am curious to know if there is a market of buyers that buy properties that have been damaged due to fire? Once they are purchased, what do they normally do with them?Thanks for the insight.
I am getting ready to switch from oil to electric. I got two quotes for a heat pump/mini split hook up. I will only be getting 2 mini split units installed for a 600 unit apartment. The first quote came I got was for ...
I'm a SFH landlord interested in getting into a fourplex. Brandon says spend every day analyzing deals. So I do. And I am. But how do you analyze when the information multifamily MLS listings provide often makes no se...
The stock market dumped all over itself today and if it does not bounce back tomorrow (fingers crossed) we may actually be close to capitulation.
Once, if, that happens we will bounce a round for a while then the beg...