As a flipper myself, I've found that investors can spend a tremendous amount of time gathering documents before answering a few basic questions about the deal. Before getting deep into financing, I like to start with the five: 1) Where is the property? 2) What's the purchase price? 3) What's the ...
After about 4 years of going all in on investing in real estate, I have tried regular buy and hold, BRRRR, and house hacking in multiple markets, and I can now say that they all SUCK. I started out getting hyped by all the BP books and went through any information I could get my hands on to make ...
Hey everybody, My wife and I live in NYC and are likely planning on moving in about a year or so. At that time we'll have about 70-80k saved up. We have family in Texas (San Antonio) and lived there before. My wife is really against moving back to San Antonio but loves Austin, but also would be o...
I made a post earlier and someone said to gift tenants things for new/renewal leases. What gifts work best? Are there any other guerrilla marketing techniques to attract new tenants?
Hi Everyone! My siblings and I are purchasing a rental property together through an LLC and currently are talking to a national bank. They let me know that closing would take around 45-60 days. Is this normal? And if anyone has any good recommendations for DSCR lenders in Cleveland that can poten...
Hello! STR newbie here - I am looking at investing in a STR in the Durham, NC area and am trying to predict rental income. I've looked on Air DNA and used google / AI in addition to talking with a friend who has a few STR in the area. According to my friend he feels AirDNA is not totally accurate...
Hey BP Community, I’ve been following the discussions here for a while and wanted to officially introduce myself. My path into property management started with a legal background. While practicing law, I saw firsthand how quickly a small oversight in a lease, a delayed maintenance request, or an ...
Here’s a question I like to ask investors: If the tax deduction disappeared tomorrow, would the deal still make sense? I see investors get excited about depreciation, cost segregation, and other tax benefits. Those can be valuable. But I always say: the tax benefit should support a good investmen...
Hello! Your site has changed and now even has two different interfaces. I want to change my keyword alerts. Which interface do I use to do this and once I am on that interface, how do I change the keyword alerts. I am on the very limited, free membership plan. Thanks.
I have a 100 year old two flat in a great neighborhood. I'm looking to do some renovations inside & out. I have scope, budget and a clue. I have been my own GC many times. This one is too large for me to handle. Yet all the contractors want to take me for a ride. Promise me one thing and then wor...
Hi, I'm new here, from San Diego. New to BRRRR, but not to buy-and-hold investing. I'm planning to put up to $500k into my first deal, or maybe split it into two sequential deals to reduce risk. But I'm not seeing much I can get for ~$250k around San Diego (open to all of SoCal though). Bigger qu...
Two houses on the same Florida street can carry completely different flood costs, and you can't see it from the listing. I don't invest here myself, I build small data tools, and this is the kind of thing that jumps out once you start pulling the public insurance data. Flood is a separate policy ...
For those of you generating leads consistently, what’s the biggest challenge you’re facing right now with lead generation getting enough leads, keeping lead costs down, or turning leads into actual deals?
Good evening everyone, This is my first time doing something like this so I am not sure if anyone will even see this but I figured I would try it out anyway. I am a senior in college and will be moving down south from West Virginia to pursue my masters degree. I am not certain where yet but I am ...
I'm hoping to find a parcel, subdivide, and build to hold to build my rental portfolio. I'm trying to find what land development costs people are experiencing to help me underwrite a hypothetical deal to move toward pre-approval on lending. Anyone with any experience who could speak to this? TIA!
I am currently too young and don’t have enough money saved up to invest in real estate and was wondering what I should do to save up for my first real estate investment a little down the road?
I’m a property manager in Clarksville, TN and I’m looking to learn the investing side of real estate hands-on. I’d love to connect with a local investor who may be open to letting me shadow them from time to time and learn how they evaluate deals, run the numbers, spot red flags, and decide when ...
Distressed multifamily properties are getting more attention from investors right now. And on the surface, a property being sold at a discount can sound pretty attractive. But here’s the question I would ask first: Why is it distressed? Recent data shows distressed multifamily sales increased to ...
Looking for groups that are actually active and worth the time. Columbus, Cincinnati, Cleveland, Dayton, anywhere in Ohio. What makes a meetup worth going to?
Curious how other Phoenix-metro investors are underwriting right now, especially Surprise / West Valley vs Casa Grande / Pinal fringe. What I’m seeing locally: - List price still looks “cheap” vs California — until you bake in taxes, insurance, HOA (if any), and peak summer cooling. - Submarkets ...
Hello All, So meantime I want to learn on the side Private Lending. I did go to an event several years ago It was of George Antone in California. So far I know non-owner occupied loans should be done if doing Private lending and also LTV (loan to value), first-lien, etc. But the biggest obstacle ...
I matched 21,000 house sales against 3,300 duplex sales to settle whether house hacking actually beats buying a house. Here's the method and the result. Everybody has an opinion on this and almost nobody has run it on equal terms, so I tried to build the comparison carefully. Tell me where it bre...
It's crazy to think we are already coming up on 10 years since Qualified Opportunity Zones were first introduced. Unfortunately, the tax liability on your deferred gain is coming due as of December 31, 2026. That means if you invested gains into QOZs in prior years that gain will need to be recog...
I have a rental property in Memphis that I currently owe roughly $60,000 on, that is worth about $135,000. The mortgage broker I have been working with says he can not do a cash out refinance because I currently have 5 properties with mortgages. Can someone suggest a bank or contact in Memphis th...
Investment Info: Small multi-family (2-4 units) buy & hold investment. Purchase price: $210,500 Cash invested: $42,000 2 family property on a double lot and a two car unfinished garage in the back. This property has potential for value add and forced equity growth What made you interested in inve...