Alex Heidenreich
What Metric is your "Go-To" at-a-glance analysis for deals?
I typically look for the 1% rule based on ARV and an all-in investment of less than 75% ARV. Those are the most important metrics to me. What about you?
Lee S.
LLC questions
First off, I spoke with my CPA regarding an LLC and I'm wondering if she is correct regarding the taxes on an LLC. She stated that if I were to buy and sell a property under an LLC that the entire gross amount would ...
Phillip R.
Should I Reduce 401K Contributions to Save for Real Estate Investment Property?
I'm married, age 29, and make less than six figures. My wife stays home with our two kids. This year and last year we maxed out my 401K ($17,500 annually) and both our ROTH IRAs ($11,000 annually). This has allow...
Vidal Preciado
Live in a rental to buy out of state?
I live in San Diego, CA and want to buy my first rental property but I don't have a primary residence yet. Does renting an apartment so I I can use my savings out of state sound like a good idea? Or would you dig for ...
Eric DeVito
Need Help! Possibly dug myself in a hole with Interest Only Heloc
Hello all! So i decided on getting a HELCO because I want to get my first investment property and I have equity in my primary residence I live in now. Basically i spoke to TD Bank today and agreed on terms, but I have...
Angela Vargas
"What Happens 10 yrs from now is not your problem"
I was recently on a phone conversation with a fix and flip investor who was giving me advise on rehab costs. I explained that a particular house I was thinking of walking away from was not a good deal because it was t...
Jason J.
Is it possible to get a "good" deal in downtown Los Angeles right now? Expert advice needed.
I'm definitely a newbie at real estate ownership / investing, but I'm in a situation that I hope some better experts can analyze for me. I apologize in advance for the beginner-speak :)Here's my situation:I'm trying t...
Todd Wheatley
Need Input: 1st OOS Deal & Foundation Issues
Hey BP,
My wife and I are under agreement on our first out of state single family property. We’ve established a team on the ground to help us with due diligence. We are looking for advice from experienced investors t...
Jordan Sachs
Terrible Sewage back up--how to handle with tenant?
Hi all! So I have a tenant living in a single family house. Apparently there is a terrible sewage back up in the basement and it's going to cost $4k to remedy. She never reported it to me or my management company but ...
Jorge Caicedo
LLC or General Partnership?
I'm gonna partner w/ a guy to do a refi on a number of homes. He needs to have a partner w/ good credit to do the refi since his is not that great. The homes already have close to $100k equity built in. We talked abo...