Javi Chipi
Broward county FL
Seems like a lot of the deal math does not make sense in Broward county FL. For instance there are many homes selling for 300k but only renting for 2300 (fails 1% test).
I hear the podcasts saying to do direct mail a...
Colin LaReaux
Cash out ReFi with conventional mortgage worth it???
Hey guys seeking advice:HOW DO I GET MY EQUITY IN LIQUID CASH FROM RENTALS?? All I own 3 rentals, all were purchased with conventional mortgages. the first Purchased for 60k, owe 36k, appraised around 70k. 2nd: purcha...
Mario Morales
Should Loan Originators Know If You're Going to be Approved
I have a feeling, and I could be wrong, that Loan Originators have a good sense of whether you'll be approved for a mortgage loan or refinance. When they think you probably won't get approved, they still proceed and h...
Debra Muth
Depreciation why sell
I know several people who have bought properties and kept them until they were paid off and sold them. Their plan is that they no longer get depreciation on this so it made sense to sell. One bought a new property and...
Brenda Freeman
seller financing, seller basics
I have a house, I plan to sell this spring. My current tenants of 4 years have asked to buy it. I am considering owner finance. I have not done this before. There is a small balance that I can pay off with a HELOC fro...
Ofir R.
Replacing an entire roof over some miss colored shingles?!
According to the property manager, it is not possible to obtain tiles of similar color any more, so the entire roof must be replaced. That’s just not make sense, spending 6k$ because a 10 years roof(perfectly fine by ...
Elin Trinh
What are your thoughts on Edinburg, Texas?
Hi BP Fam! I am investing out of state and I am looking at Texas (like everyone else - I know). What are your thoughts on Edinburg Texas? When I run the numbers there they make sense, but I dont know much about the...
John Coffman
When to have an asset manager
Hey guys, looking at the future and wondered when it would make sense to add an asset manager to the team? Is there a time or value when this would make sense? Thanks for your feedback!
Account Closed
Credit Cards for Seed Capital
Has anyone ever used a personal credit card for Seed Capital to use on construction for a flip? Curious your thoughts?
Nick Causa
BRRR on a Multi-family
We finally bought a duplex. We’ll be moving in shortly but first want to renovate the unit we’ll be living in. Our plan is to do that, live in the renovated unit until the tenant’s lease downstairs is up in February. ...