And at no fault of their own – cashflow is what they were SOLD on.Here's what I want you to understand about “buy and hold” residential real estate:Let’s use a single family home with a property value of $300,000Let’s use an initial loan amount of $240,000Let’s use an interest rate of 7.25%And I’m going to give you $150 of cash flow per monthUse a 5% appreciation amount for your propertyLet’s see what happens after 5 years:After 5 years…$150 of cash flow per month = $9,000Your mortgage has been paid down to $227,000 = $13,000Your property is now worth $382,000 = $82,000So that’s $9,000 of cash flow, $13,000 of principle buy down, and $82,000 of appreciation.

From what I’ve heard, it costs around $1,000 to initiate an eviction with an attorney.

I am also in Northern Colorado and thinking of first wholesaling to build some initial cash and then BRRR.  

Tempering expectations helped us move past the initial shock of change and straight into problem-solving, execution and recalibration.Curious to hear from others—what surprised you most in your first few months of ownership?

Initially, I was concerned about the potential risks, but I endeavored to find a property that was priced below the market value.I hope this helps!

Many investors initially take title in their personal name because they believe it will result in better financing terms or lower costs.

Hello, I'm trying to get started in real estate. I have a list of prospective leads that I gathered from Facebook listings in my general area. I'm trying to understand how to make contact with these leads honestly, le...

It was less reactive, more planned, and easier to absorb because the systems and reserves were already in place.Back at the Ravenswood property, I renewed the new garden unit tenant after an initial short-term lease proved they were solid, and I renewed another apartment with a rent increase that was accepted without issue.Those renewals felt like validation.

Cap rate of 6.5, 8 years left on initial lease with 2 options.

Hey BP community, Looking for experienced input on a condo flip I’m currently wrapping up in Honolulu.Condo flip is 100% insured Our initial Estimated ARV: ~$600k HML appraisal came in at $725k Monthly holding cost: ~$7,680HOA/MF alone is ~$2,400 (highest in the area)Project is entering month 5 due to HOA approval delays + contractor schedulingNo clean, recent comps in the buildingNot planning to rent — resale only Given the high MF and lack of comps, I’m leaning toward a speed-focused exit (fire sell), even though the appraisal suggests much higher value.My questions for those who’ve dealt with similar situations: How much weight do you realistically give to appraisals vs. buyer psychology in high-HOA buildings?