Robert Jones
How is personal net worth calculated with rental properties?
Whats up BP. I have a quick question about net worth and REI. Are rental property mortgages calculated in net worth? For example, If I purchase a 100k rental property for 20k down and take on an 80k mortgage, would my...
Jeff Fairchild
Direct mail response rates vs # times mailed
If a person sends out 1,000 mailers per month for 6 months and they are expecting a 3% average return, is that 3% each time they send out a mailer or 3% overall for the 6 months?So is that 30 calls over 6 months or 30...
Nick Hu
Contact State Senators to Oppose AB-1482 (CA Rental Control)
AB-1482, also known as the California state wide rent control bill, will be discussed by the senate appropriations committee next week. If it becomes law, it will not only limit the rent increase, but also be much har...
Daniel A Lee Kim
Homestead Exemption Texas
Hello everyone,I'm relocating to Texas on order (active duty) and am about to purchase a SFH which I intend to live in. Can I file Homestead Exemption for this property given I get Texas driver's license? What would...
Brian Oberg
Raising Rent: Good idea or bad business practice
We currently own three investment properties (SFR) and looking to expand that by at least 4 this year. We have always held it to be a good business practice to not raise rent on current tenants when the renew their l...
Coleman Nelson
Tax Implications of Equity in LLC in exchange for Sweat Equity?
I am partnering up with a couple guys who have a successful rental real estate business. I will become a member of their LLC in exchange for the work that I will be performing managing all of the rental properties. ...
Domenick Booker-Pomata
Successful BRRRR Albuquerque?
Who has done a successful 2+ unit BRRR in ABQ?
Please bestow some knowledge/experience, I would love to hear your insight.
What lender did you use for the Refi?
What type of rehab did you do?
What were some of you...
Devon O'Donnell
Mortgage pay off or loan pay down and refinance?
So I pose this question mostly because it’s the foundation of my long term plans but also because it’s not something I see discussed often. So here it is, is it better to use a large down payment and a short term like...
Brad Goldvarg
Long term rentals in military towns and investor opportunities
Hello family. First, I am a huge supporter of our troops and know first hand the BAH rates are typically well below market value. Many of our warriors in uniform remain in substandard base housing (but give up their...
Edita D.
Flood insurance costs soaring
Hey guys!
I came across an article about flood insurance soaring costs on CNN money. ( can't provide
a link since I am using the BP app).
How do you think this will affect rental properties located at high flood ris...