Jeremy Karja
BP Flip Calculator VS MOA caclulation
Hi everyone,I have been more focused on rental properties vs. flipping but my wife would like to flip and I have a construction background so it make sense for extra money to put into rentals.The question I have is wh...
Account Closed
Estimating rehab costs and General tips for wholesaling properties
Hi,
I recently started learning about wholesaling properties. I have a good idea of the ARV around my area, however, I feel scared of making offers on properties since I'm not familiar with repair costs.
With that...
Nicholas Alves
Buisness Trip Write Off Technical Questions
Hey guys! Two part question here. Is traveling to a different state to look at rental property considered a business trip? I will be going to Hawaii to look at some rental property. However, I do not have my LLC fo...
Brad Henson
First deal fell through - what expenses can I deduct from taxes?
Hi All,I was under contract for my first property, but it ended up not appraising, so we backed out. This property was located in Michigan (I'm in CA). I spent $525 on the inspector. In addition, I spent $400 on a fli...
Aaron Breitbarth
Buying points, Cash out-of-pocket, and the BRRRR Method
Should I buy points to lower my interest rate if I plan on using the BRRRR method?
John Pitkin
Cap rate calculation
My understanding of cap rate calculation is NOI divided by the property cost or value. Recognizing that cost and value are not necessarily the same, I'm confused about which one to use in my calculations. When would i...
Raden Mantuano
Financing calculation confusion for the BRRRR strategy.
So lately i've been on a blitz on cold calling home owners in different states and have had several opportunities to submit LOI's, analyze and crunch numbers. Felt so busy the last few weeks doing so, as i've been bac...
Justin Holley
BRRRR Refi Calculation
Are most savvy BRRRR investors blending the fees/points into the refi or are they doing their calculations and basing their offer price off of paying the fees/points out of pocket and recouping it on the refi? The num...
Joe Mark
Georgia Specific Max I can increase tenants renewal
Have good tenant. Time to replace carpet. Wants laminate.Is willing to pay difference. Was thinking I could increase rentto cover difference to be paid monthly for year if GA doesn't have cap on increase. Should ad...
Account Closed
Replacement Cost vs Cash Value Policy
I'm under contract for my first multi-unit property in the Metro Denver area. It's a 9 unit building, and the process is going well so far. The building is older (1940's), but with a mix of newly updated units and s...