I have recently purchased a few rental properties with a partner. One property is in his name and the other two in my name. We just submitted the paperwork for our LLC. I've read on here and have been told the best t...
Hello BP Community!This is my first post on the BP forums and I would really appreciate the input of my fellow members on a sample deal analysis as well as an array of relating questions. Before I get started, I want ...
Hey everyone, I have a checking account I use to manage my rentals and other business expenses. I have positive cashflow on all my rentals so my balance in this checking account is accumulating but earning zero intere...
Hi All,I have been listening for months to every single BP podcast on my commute to work and finally have decided to introduce myself to the community. I do not pursue RE investing for financial freedom as I love my j...
Nothing cash flows at interest rate of 8% and property taxes at 3% (in Texas).
Although I did 12 BRRR deals, in my opinion it is dead in 2024!!!
Prove it otherwise, preferably with HUD statements.
I own a property property outright and am looking to do a cash out refi of it. The property is in an LLC but is a single family. In talking with different local lenders I have two options:Option 1: 30 yr fixed rate at...
Back story: August 2011 my family moved from TX to MS. My dad had moved from MS to TN and his house in MS had been on the market but not selling. He agreed to sell us his MS property at no interest so that he wouldn't...
Hello all,Wife and I are high earners with busy jobs and limited spare time (total salary >$1.2M/yr). We don't live lavishly, pay a ton in taxes, and are making traditional investments. Our savings are starting t...
Morning Everyone, I am currently looking at an off market deal of approximately 20 units.
1. I have the deal and negotiated a price.
2. I have people that would like to invest with me that currently have a lot of ...
So recently I backed out of a property that I had under contract and I'm not sure if I made the right decision. I'm also not sure if I should be pointing some of the blame at my realtor. But this situation has brought...