Hello BP!Looking for a little feedback on my first REI deal.Background:Joined BP last year, read a lot of books, and listened to all the podcasts. Got my wife involved (she's the smart one) and we got a HELOC on our h...
Hey guys. Thought some of you might be interested in seeing some actual numbers from a deal. So I'm posting my owners statement from my property management company from 2019 and some relevant numbers associated with t...
Rent average is $600. All but 2 units occupied. C class. 1965. Owner pays water. What purchase price makes this worth looking at? Also... any experience converting to metered water? How do I know if it's even possible...
hey all, i currently have a rental property out in orlando, FL. i’m looking to grow my portfolio and getting another property. my question is, which is the best way to do so. cash out refinance or home equity loan. th...
I currently have a tenant living in my condo in Middlesex County. When he moved in in March 2020 we did a walkthrough inspection and he confirmed everything was fine. He paid the security deposit and first month's ren...
How was that "income of 3X rental" figure arrived at and do most of you hold to that figure for your rentals?Also, for renting out a room in a home do you follow that same concept of 3X?
Does anyone remember when Brandon Turner used NWROI in his house hacking book? I am curious about how he comes up with the number. . . . the formula goes NWROI = (cash flow & rent savings + loan paydown + apprecia...
Hello all!
So me and my girlfriend are doing our studying up on the world of real estate.. we own a property in the west suburbs of chicago, and are looking into moving and renting the home we are currently in.. we...
When crunching numbers to figure out if a deal is good or not, I find myself realizling that aside from property taxes, I have to factor in school & county/borugh taxes. This is probably why so many homes are stil...
I have a home that I will be leasing shortly (that I was staying.. Moving out for job reasons). I pay around $2,500 per month on a 15 year and may have another 10 years before it will be paid off. The amount I pay in...