Ryan Todd
Input wanted on growth strategy
I will try to summarize my thoughts so that BP community can weigh inI currently own 2 rentals, one in my local community and one in Austin, TXThe Austin property has anywhere from $75,000-150,000 in equity depending ...
David Clark
LLC or Umbrella policy? financing?
I have been researching how to finance my business for awhile and frankly I've come to a conclusion already, but I'd like some insight nonetheless. I plan to leave the area (VA) within the next year and a half (on mi...
Anthony Phillips
Cash reserves held for each of your properties!
So I was wondering what sort of reserves everyone keeps on there properties. I know most people are saving a percentage of the rent for vacancies and cap ex. When you do get a property bought and rented are you keepin...
Bobby Larsen
First Buy and hold small mobile park evaluation help
This is my first post!I am looking at a mobile home park for sale. It has 8 lots. 7 of 8 mobiles are being sold with the property and one of the homes is tenant owned. There is not much maintenance associated with the...
Kyle Gilbert
We hit "the jackpot" and don't want to pay for it!
First thing- my phone will not let me upload my personal info or add a picture but I will work on that.
Secondly- My wife and I have had the opportunity to sell our property to a developer. We have a signed purchase ...
Easton Hill
Rules of thumb for STR acquisitions?
TLDR; What are the "Rules of Thumb" for STR acquisitions? In long-term rentals, there are plenty of rules of thumb that help you quickly decide if a listed property is worth pursuing. 2% rule, positive cap rate spread...
Tom Wheelwright
Two (2) Ways to Take Your Rental Real Estate Losses
Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.
This is a great tax strategy because your positive cash ...
Marc Globensky
Net worth preference?
Hey all,
What would you rather have your net worth in real estate or stocks?
Kyle Soudalan
How do you pull comps?
Even though I've bought several rental properties over the years, I always feel like an amateur when I first look at a deal and try to pull comps. It feels like manually comparing it to other properties in the area on...
Justin Jarboe
Should I get a second cellphone/ pager?
Hey everyone, I'm very new to BP so please excuse me if this is a common question...
I'm a very busy real estate agent running a couple business' and have also recently purchased 7 doors. Because my phone is going o...