I have an investor who wants to help get us off the ground with the brrr method. He said he will invest 300k but he doesn’t want to be personally liable on the loan. The problem is I don’t have an income yet, how do I...
Hello I am putting together a worksheet for analysis of whether to keep and rent or sell and take profit for a single family home.The home has never been my residence. Held more than a year. Married filing jointly 12...
Hi there! I just starting practicing how to analyze deals using the BP rental calculator - I watched the video on how to use the calc, but still have some questions (although @Brandon Turner makes it look so easy!). I...
Hi All,I am looking to start investing in real estate in nj and my interest is more in commercial property like a shop in some strip mall. Is it even possible to buy shop in strip mall? Or they just rent it. Your advi...
Hey All,I'm new to real estate investing and still trying to learn how to accurately estimate expenses prior to reaching out to a realtor. I have a lot of interest in the Phoenix market, but most of the deals I've loo...
Hey BP Community! A 10+ unit multifamily deal I'm underwriting in NJ is in a location bound by local rent control laws. The rents vary amongst the units and are under-market so I would want to increase them. What is t...
I am using a 1031 exchange to purchase 2 STR's and from what research I have found is I am not allowed to use those funds for furnishing a property. What is the best way to finance the purchase of furnishings. I have ...
Hey all, I've been buying and rehabbing older houses for a little while now and have really enjoyed it. I'm working on some new adventures and would really like to build my own row home. Although I'm excited, I am l...
I came across a value add 14 unit multifamily in an improving area of Chicago and i'm looking from some guidance as to how people have approached similar scenarios in the past.Here are the details:14 unit; all 1 bed/1...
I've watched the 50% rule being discussed here many, many times, but I haven't seen my particular question answered.My investment property taxes and insurance vary wildly from one property to another. $30.00-$250.00Mo...