Bob Avery
Understanding BP Lease Fields
Hey folks! I'm working on my first rental and trying to understand the best practices for how to use the template leases I can find. For example, below are three sections from the BP landlord forms lease. For (C) (ii)...
Emily B.
Help me in understanding estimating financial goals. Am I understanding it correctly?
I’m trying to set some financial goals for myself and I keep hearing how I should be specific so that I know exactly what I’m working towards. With that, I want to make sure I’m understanding some of the calculations ...
Harris L.
Understanding Slightly Complicated 1031 Exchange
I know I can ask the 1031 exchange experts directly here through private messaging but I think this can be a helpful conversation for some other members in the forum.I have a business partner that we own a commercial ...
Jordan Bowen
Seeing if I Understand BRRRR
I listened to the BP podcast with Alexander Felice regarding the BRRRR strategy. And while it wasn’t my first time hearing about the BRRR process, this podcast was definitely the most intriguing information I have hea...
Drew Ramasco
Need help understanding rental analysis
I need help analyzing a potential deal, I'm not quite sure why the rental calculator here shows such a dramatic difference in ROIs. For simplicity sake, let's say I'm purchasing a townhouse for 90k with zero down and ...
Sharon Evans
Need Help Understanding HML terms...
Hi All,Please be patient and kind, as I'm new to using hard money lenders, and am a tad confused. Using hypothetical numbers, let's say I need $80k to purchase a property and $50k to rehab, totaling $130k. The ARV is ...
Garrett Holbrook
Help me understand this listing
Hey all.I'm new to BP and REI and so I spend most of my time lurking and trying to absorb information. I came across this listing in the Pittsburgh area:- MLS#1351695- https://www.zillow.com/homedetails/2004-Gregory-S...
Bill E.
Help me understand brrrr strategy
Looking at picking up a duplex for 15k, needs 30k rehab. Arv is 70k. If I go to my local bank to get a mortgage on the property and they appraise it for 70k, how much would they write me a check for?
Ezell Jamison
Understanding LLC through and through
I'll be receiving a 1099 from a company to my llc for driving truck. I'll take what i need for the month and put it into my personal checking account. Then put 25% in personal saving for taxes. Do i still have to pay ...
Felicia Elliott
Need help understanding Profit Margin
Greetings,I’m new to real estate investment and I was reading one of the BRRRR blogs and it stated that one of financial goals regarding Margin should be at least 20% of the value after remodel.So here is my question,...