Account Closed
REFINANCING on an LLC?
We have a rental property in Indiana that we purchased with cash in our LLC about 5 months ago. I did not know that I would not be able to refinance this property easily without it being in a private name as opposed ...
Rob C.
Inspection advice greatly appreciated.
After months and months I finally got one of my offers accepted on an out of state property in Atlanta. This is a first for me. I'm planning to fly out to see the property and neighborhood with my own two eyes (for pe...
Bill Robinson
Continue this strategy?
Assuming I can purchase, rehab, rent and refi out all cash outlay while retaining 10-20% ARV equity while the property continues to support > $100 a door / month cash flow after expenses. Tell me why it doesn't mak...
Alexis Riveron
Kansas duplex zip code 64128 any advise for this area
I am looking to make my first purchase out of state in Kansas 64128. Duplex is being sold for 80k. And according to realtor has rented for 800each. Any advise on this zip code and area. Houses in the miami area are no...
Jackson Carr
Large Multi unit Portfolio in Texas
Hey everyone,I am analyzing a few larger commercial deals and want to get some input on a deal of this magnitude. This is truly a mix of B,C,and D units. Currently, I am leaving expenses at 50% because I am just doi...
Cp Rahaim
Proforma and Making First Purchase
I am creating a proforma to analyze deals. I am looking to buy my first property and need some advice on metrics. Do you look for a certain cap rate? Cash on cash return? NOI? Appreciation? Also, do my numbers l...
Bob Hines
To lever up or not?
I'm sitting at a crossroads in my business and I'm looking for different points of view on which road to take.
Currently I own two 2/1 SFHs that are rented. Rents are $585/month on each and I have about $22k in each...
Michael Plaks
Recordkeeping for a mixed business/personal trip
This is a partial FAQ for a very complex topic that has a lot of possible twists and complications. Maybe it will trigger a discussion leading to a more complete FAQ.Here is a scenario. Harry goes on a weeklong trip f...
Jonathan Patterson
NEW INVESTOR HERE.. HELP PLEASE
Hello my fellow BP Members,As I mentioned, I'm a new investor and my wife and I are currently trying to purchase our first investment property. We are extremely excited, but yet nervous and admittedly have developed a...
Benjamin Eccles
The 50% Rule
I need some experienced investors to way in on this. How accurate is the 50% rule? I do not own any properties and I never have so I truly have no idea how much it costs to be a homeowner (including all of the expense...