Michael Koch
via the BRRRR, are rehab costs an expense but refi just a loan?
After my first year of doing a couple BRRRRs, I'm trying to wrap my head around the money we pull out via refi. Is it accurate to say that the money put into the rehab considered an expense (i.e. painting, new fixture...
Paul S.
homes that cannot be financed
I keep hearing of homes that cannot be financed through traditional means due to condition deficiencies like broken windows, non-functioning kitchen, no running water, etc. These are examples but is there an actual li...
Richard A.
Search needs improvements
Hi BP fam!The search function NEEDS to be improved. We're spending multiple clicks to sort through an immense volume of information. This might have been OK when BP first started and had very little information. But, ...
Eric Piccione
Refinancing for Dummies
Let's see if I got this right, a house is valued at 100k. you get a loan from a private lender for 50k, 25k of that you put for a downpayment, 25k for rehab. After a year the 100k house is now worth 150k after rehab a...
Purnell C.
Re-naming my SoloK
After deciding to change the name of my soloK account, I was advised to add 401K to the end. For example, instead of 'Todays's Investment' the person suggested I name it 'Today's Investment 401K Plan'Is this the nami...
David Pugh
How to properly apply tax deductions
Hi all - I'm just starting out my plans to invest in a rental property. I've built a pretty good model, but I'm trying to figure out one key aspect around taxation. For my example, let's assume the following year 1 pa...
Lawrence Paul
Can I 1031 exchange two properties for one?
Basic question here:Can I 1031 two properties into one property?
David Torres
Analysis calculator
Hey Brandon
Just finished watching the the webinar on using the rental calculator. My question was about the variable expenses. I've been taught on income property to calculate about 35% annually. Do you do the same f...
Alexandr Balan
Stracturing your bussiness entity
Hi Everyone!!I have a question regarding structuring your LLC, for example I know you can have a holding LLC for example in WY or DE so you are protecting your personal entity, and than you can have as many LLC as you...
Emilie De Angelo
Best Tool to use for specific area statistics
Looking for opinions for best tool(s) for areas to learn crime rate, economical growth, unemployment, future job opportunities, school rating and such.Any experience with and or referrals would be appreciated!Thank you!