Don Konipol
Why I will no longer answer questions from the unknowledgeable
29 April 2024 | 113 replies
I'm prepared to offer $3 million for the purchase, with the unique advantage of 100% owner financing.
Andrea Campo
Property under LLC or my name?
27 April 2024 | 3 replies
Hi everyone,Last year, I created an LLC, but I haven't purchased any properties yet.I would like to buy a property close to where we live, in which my wife's parents will live for some years.
Jay Ben
SBA loan to purchase rental property without utilizing 51% for business
24 April 2024 | 0 replies
Hello BP fam, does anybody know of a way to get an SBA loan to purchase rental property without utilizing 51% for business?
Pradeep Prabakar Ravindran
Sell primary residence or keep as rental
27 April 2024 | 10 replies
I am also nervous about my move to the DC area wont work out and I will have this house as an option in case I want to return to the bay area and will never be able purchase a similar home if I sell it.
Vasudev Kirs
Question about cash flow calculation
27 April 2024 | 2 replies
Here are the details at a high level:Purchase price: 174,000Closing costs: 2,000Down payment: 20%Rental income: 1525Monthly expenses: 487 (insurance + tax)Maintenance: 128 (1% of purchase price)10% vacancy: 150Self-managingI am not sure what interest rate to use to get the monthly mortgage amount.
John Underwood
How are you spending on 3rd party software?
27 April 2024 | 10 replies
I would have to go back and look at the costs and then divide them amongst my properties to figure it out but right now I am paying for the following subscriptions:Guesty for HostsRing CamerasPrice LabsHostfully GuidebooksREIHubZapierSignNowWhen I purchase one of these subscriptions it is usually based on the criteria of how much time can it save me, or how much additional revenue can it make me, or how can it improve my business.
Alec Jacobs
Is "rent by the room" a market dependent strategy?
28 April 2024 | 15 replies
Personally, I just post on line the rental thats available and see who replies just to see if its needed in that area before I purchase
Z Brown
Carson fix and flip
27 April 2024 | 0 replies
Purchase price: $209,000 Cash invested: $28,000 Sale price: $880,000 This was the house I grew up in.
Brandon Chen
Potential Seller Finance deal to purchase primary?
24 April 2024 | 7 replies
I have been thinking for a couple of days now that I want to purchase another townhome / SFH in the San Fernando Valley, would it be possible to find a seller finance deal to purchase another home in the area that I want?
Josh Myrick
501c3 Investing Idea
27 April 2024 | 1 reply
The main purpose would be to pool money to purchase properties and rent at fair market value.