I've been attending meet ups in S.F and San Jose recently.

The tenant made the point to say it will be a difficult task to find new housing in 4 weeks and brought up the idea that the courts would likely let them stay longer.

Depends - what was your cash flow before the taxes went up vs after?

Thank you Eric, we have some great networking & masterminding events coming up!

If you are just doing a lower leverage (compared to a full 75% cash out) then it will save you on the rate as well.Happy to connect and talk through some options, but it would certainly be feasible to Quit Claim your property into your LLC and do the HELOC from there, but it is up to you.Good luck!

Every time I am out there now I am picking up poop.

The tax law changes every year, can you really keep up with it?

However, if you wanted to be perfectly buttoned up, you could draw up a contract between your LLCs and they could share in the expense for this PO Box.  

Just as a heads up as not sure which timeframe of BP podcasts, but before covid you could do a BRRRR and get all your money back out of the deal, today that is typically not the case and you will still have money in the deal - so just wanted to mention that.Lastly, you are way ahead of me and many others already as I cannot swing a hammer :)

Hello BP Community, Why is P&I / Debt service included in NOI and not factored into operation expenses when adding up GOI ?