All Forum Posts by: Dominic Pizzi

 Maybe this could have been worded a bit better, but maybe areas that were cashflowing well before but have since turned a corner and are now the subject of lower rental rates

Hello BP!

Hope everyone had a wonderful Passover and Easter holiday with their families!

I have not posted in a while, but I am interested in hearing all of your responses on this:

Where has everyone been seeing their best markets for possible cash flowing properties, and on the contrary, where is everyone seeing their worst performing properties for cash flow? 

Working in the lending space, I have been seeing many people purchase properties or do refinances in places like Columbus, OH, Grand Rapids, MI, Greensboro, NC, indicating that they may be strong markets. Are any of you seeing places to avoid during this time?

Can't wait to hear everyone's responses!

Hey Terrin! 

This is awesome, congratulations! Are you looking to do rehab on a property and sell or hold onto it and do the Brrrr strategy? Both would be acceptable if you get your numbers and margins right! I would partner up with a great contractor down there, and an agent and lender if you need help with the funds on the property, and start running the numbers of Purchase Price, Rehab Budget, and projected ARV and see if it makes sense for the money you need to allot for the project.

Hey Erick!

Typical listing sites like realtor.com, Zillow, or any other rental site you can think of will work. I also would go on Facebook market place too and market your rental there!

Also, think of some outside of the box ways to market it as well: put up a flyer in the gym you go to, a flyer in the barber you go to, or potentially go by word of mouth with people you know in the industry. Hope this helps at least a little bit!

Cody we can help you out if you have something in mind! 

Send me a PM

Hey Dustin,

Send me a message! Would love to help you out

DSCR lending is growing and we want to be apart of your real estate investment journey! Whether it is a rent ready property or a property that needs a little TLC, we want to help you achieve your goals and create financial freedom through the power of real estate!

brrrr.com offers a range of products and services. We do 30 Year DSCR purchase loans, as well as cash out refi and rate and term refi long term options. We also provide short term options with our Bridge Loans and our Fix and Flip/Fix and Hold Loans. We tout great customer service skills, quick response times, and the ability to grow with a lender that will help you get to where you want to be!

We want to help our borrowers with the age old real estate acronym:
Buy, Rehab, Rent, Refinance, Repeat

Who better to help you with the BRRRR Strategy than BRRRRLoans!

Send me a message if this is something you would be interested in!

DSCR lending is growing and we want to be apart of your real estate investment journey! Whether it is a rent ready property or a property that needs a little TLC, we want to help you achieve your goals and create financial freedom through the power of real estate!

brrrr.com offers a range of products and services. We do 30 Year DSCR purchase loans, as well as cash out refi and rate and term refi long term options. We also provide short term options with our Bridge Loans and our Fix and Flip/Fix and Hold Loans. We tout great customer service skills, quick response times, and the ability to grow with a lender that will help you get to where you want to be!

We want to help our borrowers with the age old real estate acronym:
Buy, Rehab, Rent, Refinance, Repeat

Who better to help you with the BRRRR Strategy than BRRRRLoans!

Send me a message if this is something you would be interested in!

DSCR lending is growing and we want to be apart of your real estate investment journey! Whether it is a rent ready property or a property that needs a little TLC, we want to help you achieve your goals and create financial freedom through the power of real estate!

brrrr.com offers a range of products and services. We do 30 Year DSCR purchase loans, as well as cash out refi and rate and term refi long term options. We also provide short term options with our Bridge Loans and our Fix and Flip/Fix and Hold Loans. We tout great customer service skills, quick response times, and the ability to grow with a lender that will help you get to where you want to be!

We want to help our borrowers with the age old real estate acronym:
Buy, Rehab, Rent, Refinance, Repeat

Who better to help you with the BRRRR Strategy than BRRRRLoans!

Send me a message if this is something you would be interested in!

If you talk to a RE Accountant they will give you both options, invest under your own personal name or invest under a LLC. My personal opinion is that it is extremely smart to create an LLC (or different LLCs for each property). The benefits of it from a legal standpoint is that it gives you an extra layer of protection when it comes to a lawsuit. The tax benefits include no double taxation on your rental property, and you have the opportunity to write off more business expenses through an LLC than through your personal name. I hope this helps!