All Forum Posts by: Jordan M.

Joesph thank you for the reply! The only reason I asked that was because in the analysis you would have to account for two loans? Which kind of threw me off if I were to do a buy and hold. Thanks again!

Hello, I was wondering if Helocs are typically used for Buy and Hold or Flips? I am asking because from what I am gathering you want to pay Helocs off rather quickly. So it wouldn’t make sense to use it as a down payment on another property then right? So it would be better to use that as a flip and grow your capital that way? Am I on the right track? 
thanks!

Hello BP community!

I have been educating myself through podcast/books/webinars etc. for that past year, and I would love the opportunity to grow my network with some like minded people in the community! I am currently in the process of finding my first house hack, and I am sold on creating wealth and financial freedom through REI. I am looking for meet ups/groups anything REI related in Kansas. I would love the opportunity to connect with experienced investors, as well as new investors and help eachother along our journey!

please delete.

@Jaysen Medhurst Awesome, I appreciate it!

Hello everyone,

I recently graduated college, with a Bachelors in Accounting. I am also taking a Masters program that will allow me to sit for the CPA Exam. I have a huge passion for investing in real estate and I think specializing in real estate tax would be extremely beneficial for me.

My question is how would I 'specialize' in real estate tax? I would love to own my own tax business one day where I could help other real estate investors with their taxes, and questions or concerns. I am extremely excited to hear feedback from other CPA's on BP, on ways I could gain more knowledge or learn how to specialize in this particular field! Thank you in advance!

Hello everyone,

I recently graduated college, with a Bachelors in Accounting. I am also taking a Masters program that will allow me to sit for the CPA Exam. I have a huge passion for investing in real estate and I think specializing in real estate tax would be extremely beneficial for me. 

My question is how would I 'specialize' in real estate tax? I would love to own my own tax business one day where I could help other real estate investors with their taxes, and questions or concerns. I am extremely excited to hear feedback from other CPA's on BP, on ways I could gain more knowledge or learn how to specialize in this particular field! Thank you in advance!

Hello everyone,

I have a couple quick questions about the BRRRR strategy. First, I love the idea of this strategy, and how it can help gain properties more efficiently. My first question is when it comes to buying. Do people typically pay for the property in full up front? Or do they still use the 20-25% down payment, fix it up, then get appraised and refinance?

Second question, does refinancing kill cash flow? 

My last question would be what would some cons be to using this strategy? I’ve listened to a lot of podcast and have only read positive things about this strategy, but have not really heard any cons! 

Thank you in advance and I look forward to hearing from everyone!

 Correction 8-5 with an hour lunch break. I would not be working in public accounting, and at this company the hours tend to be a little more stable. You should look into different companies if you’re not enjoying work load you’re getting! 

Thank you, however for your response. 

@Brian Adams , Thank you very much! I will check it out right now.