Hello -I am in process of closing on a new investment property and the driveway is shared (i.e. my neighbour and I need to use the same driveway to get to our individual backyards). The driveway is 80% within my prope...

Hello, everyone! I am a fairly new investor looking for ideas for new lead sources. One source that I’ve heard mentioned in a few different podcasts is a “water vacancy” list. Has anyone used this list? Could anyone g...

Hello i was contacted by my lender and was offered a streamline refinance. I agreed because the lender had said that the loan would only go up a couple of hundred dollars.I received my documents to sign and the entire...

Hey BP!Switching careers and taking over a profitable property management company. Tons of room to improve and expand the business so I am almost certain it will be profitable for the foreseeable future.My main questi...

I am new to the Real Estate world.  I have owned and operated my own business for many years.  I started my Real Estate education 27 years ago. Recently I decided to pursue the idea of becoming a real estate entrepren...

What does a balloon mean when talking about loans?

We’ve lived in our condo for the past 3 years and are considering renting it for the next 2-3 years then selling it to take advantage of the 2-out-of-5 rule. Since we’ll be renting it we want to put it in an LLC but a...

Hey guys! New investor here from Leavenworth KS, just west of Kansas City! I’ve acquired my first two rentals this year, and will start the renovations on one of them for my first BRRRR when it becomes vacant January ...

Last week we announced the launch of our mobile-friendly forums.  Today, I'm happy to announce that member profiles are now mobile-friendly as well!Regardless of whether you're using iOS, Android or Windows (there are...

As a rule of thumb.  What is the cap rate needed to cash flow a rental home with a 15 year mortgage?In this example assume 20% down and 4.25% rate.