Alan Asriants
With High interest rates, investing in your own properties can make more sense
The current market is making it extremely difficult to make any solid investmentsWhat I am seeing with my clients is that unless you are putting 40% or more into an investment you aren't really cash flowing. I go into...
Michael Baum
Lending on Short Term Rentals. What I discovered and confirmed.
Hey everyone. There has been a few posts about lending on STRs. Some have said that a working Short Term Rental is worth more than a similar comp in the same area based on that revenue.
I have said for years, along w...
Gaston Prevette
Unicorns Did Exist in 2018
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $260,000
Cash invested: $35,000
We found These 2 quads which happened to be on separate parcels on the MLS. ...
Matt Nolan
Strong-armed over leasehold improvements
Long story short:I went into business with some friends (we started a boxing club), and things have gotten sour. We've moved to dissolved, and in doing so plan on liquidating our assets. Here's where things get hairy....
Marcus Geiser
Rebuilding credit: A Journey Toward 720
What else can I do to improve credit?I let my credit slip slide away. I am now scoring 630 with a repo for a truck on my credit. Here is what I am doing:I have monitoring set up.Got a BOA secured card. Which led me to...
Isaiah Oloyede
Must Have Tools and Equipment for House Flippers
Hello BP,I'm doing a personal research here. I am trying to compile a list of must-have home renovation or improvement tools and equipment for flippers. By tools, I mean physical tools, not software.What would you con...
Russell Brazil
What Is Your Favorite Type Of Real Estate To Own And Why?
What is your favorite type of property to own? Commercial? Condos? MultiFamily Homes? Single Family? Raw Land? What are the pros and cons to your favorite type of property? There are no wrong answers.
Lisa Casey
How to report expenses on a rental when adding an addition?
We decided to add an addition, master bedroom/bath, to our rental house. It did not go as planned and need advice on how to report expenses with no current rental income on my tax return. The rental house was shut do...
Don Regal
In Debt with a $12 an hour job
I’m currently working for a moving company that only pays $12 an hour and with debt, rent, and living expenses ( I’m very frugal). I owe a little under $10,000. So my main question is : is it still possible to dive in...
MIlton Monzon
Triplex HML BRRRR in progress
Investment Info:
Small multi-family (2-4 units) hard money loan investment.
Purchase price: $196,080
Cash invested: $39,216
220k to 196k. Not a big drop but big enough to meet the expected 70% ARV c...