Hey guys,First place I thought to check was this incredible forum.I have some questions regarding a property that I want to rent out with some unpermitted additional. Wanted to discuss my long term plan for the proper...
I recently had a conversation with an old mate of mine, who told me that Venture Capital is much smarter with debt than equity. I am inclined to agree with him, however I feel that the added benefits to a first time i...
I received a request from the Central Appraisal District for the purchase price and a bunch of information about the the house. Such as:1. General condition of property at time of purchase? (the answer would be poor)...
I have four rental properties and I want to purchase more. I have a question about what banks do when they see your existing rental properties in an LLC. Are they less inclined to give a you new loan when they see t...
Hello BPSeeking advice on what to do with my LLC rental property loans, which are due to reset in the next few years. Currently all are 5 year ARM no balloon and 30 year amortization. The reset rate for next 5 year...
My name is Jeremy Oberbroeckling and my wife and I have lived in Phoenix since 2008. Before that we were living in Austin, TX which is how I got into rental properties. Before my wife and I married, she owned a proper...
Hi all. Here is my current situation
Property 1: A recently purchased SFH in Raleigh. I put 20% down and have a 4.62% mortgage on the other 80%. The property cash flows $200/month. I have $4,000 in reserves for v...
The current issue of Money mag has a full article on whether low prices are low enuff or not. Detroit is used as an example,as well as Vegas, Phoenix, and others. They use a price/rent ratio and the comparisons today ...
I live in LA and am looking to BRRRR in the $50-$75,000 purchase price range. Obviously my backyard is out of the question so I'm open to options, geographically.Would love to connect with any realtors or wholesalers ...
Good afternoon BP,
I have been running numbers on properties in Vandalia Ohio and would like your opinions on a property. List $199,000 (731 Helke Rd is the address)
4 Unit Gross rent: $2320
Taxes: ...