Thomas Smith
BRRRR profit split !!
Hello BP Fam !! I had a question about splitting profits on a BRRRR. My plan is to retain ownership of the property after the refinance and split the profits. If anyone has worked with 2 or more entities on a BRRRR I ...
Steve Sebree
Need Advice: Partnering with a General Contractor
My wife and I have just recently been in discussions with a GC in North Phoenix regarding a partnership opportunity on a fix-and-flip. It's a long story, but to quickly summarize my wife and I purchased the home and w...
Mike C.
Ideal purchase price on this example multi-unit property?
Lets say we have a 6 unit property built in the late 80s with these specs:
2 bedrooms, 1.5 baths, single car garage, laundry hookups
$4500 total rent per month ($750ea, all utilities paid by tenants)-$800 taxes-$200...
Alexi Meshkoff
Refinance LTV
Hello BPI bought couple of dozens rental properties, all cash. My main objective is cashflow. Now I think an average fair market value of my properties is about 20% up. I think it is time for me to refinance, so here ...
Jeffrey M.
Amenities for typical Spokane rental property
Hi folks, This topic of expected amenities came up last night's BP webinar as a question to consider for a REI. So, I just wanted to get a gauge for what people here think are "smart" amenities for a typical good SFR ...
Veena J.
Listing SFHs in DFW area
I have four SFHs left in the dallas market. I have not been able to dedicate the time or energy required to manage them considering I have moved pretty robustly into the Multifamily space. These last few years I’ve be...
Graham Storey
Transferring a Property into an LLC
Hey everyone! Hope you all are doing well. My wife and I just moved out of our primary residence (held in our individual names). We are now going to rent the property at out as a traditional rental. I know an LLC is i...
John Grinston
LLC information, setting up an LLC
Hi team, I purchased my home in 2018 and it will soon be my first rental property. I would like to manage my property and future investment properties under an LLC. I've looked into different websites such as Zenbusin...
Kayla Burchfield
LLC for Rental Properties
I am a beginner and in the process of creating my business plan. When creating an LLC, will I need to create an individual LLC for each rental property? (I do not currently have rental property, but am getting my duck...
Jamaal Johnson
Tapping Into Additional Streams Of Income
In my personal opinion many people latch onto W2 income for far longer than necessary. From a viewpoint of maintaining W2 income to qualify for traditional financing I can understand it however when the ball is offici...