Julio C.
Is 12% CoC and $100 of free cash flow per unit too much?
Today a realtor I made an offer told me, in a few words, that my goals were crazy. Sure, it was a low ball almost 1/3 less of the asking price. But the offer is what make sense for my goals: 12% CoC and $100 of free c...
Hannah Williams
How much does insurance go up when you make an insurance claim?
I have a property that I put around $15,000 into. I had to evict some tenants, and they stole the bathroom sink, outside awning, destroyed some of the walls and carpets and stole the furnace and hot water heater. It n...
Chris Connery
Splitting taxes/income between LLC members
Hi all,IS it legal for one member of a dual member LLC to claim all of the income/pay all of the taxes on their tax returns. Leaving the other partner not claiming the income/ not paying the taxes. This of course has ...
Lian Chavda
Leverage rental property to invest
Hey all,I currently own two properties, my primary residence and my first home turned rental which is a townhome/condo purchased in 2017. I am also a real estate agent in the greater Seattle area. I'd like to learn if...
Pete Abilla
Does BRRRR work in low-appreciation markets?
I'm looking at cash flow markets (ex: Cleveland) & have a few BRRRR opportunities in Class C neighborhoods. In low appreciation markets, how effective is BRRRR? I'm particularly curious (concerned) about the refin...
Skyler Schumacher
Are These Loan Terms Competitive?
Wanted some BP wisdom. I'm looking into doing a cash out refi to get some capital to put toward my first investment property.
I have excellent credit. I will be doing 80% LTV on a 30 year fixed rate at 3.25%. My hom...
John Koontz
Considering L/O on Buyj-and-Hold
Greetings. I recently purchased a SFH for a buy-and-hold. I bought the home for about $95000, which is right around FMV. We did get a seller's concession of around $3500 plus almost all closing costs paid for. We're a...
Kiara Crespo
Refinancing affect credit
Does using the BRRRR method affect your credit score? I saw online that refinancing can damage your score. Is this true?
Sarah Jordan
Wholesaling Auction Properties
I am brand new to REI and have been watching the auction properties. I found one that seems to have a very high resale value for the relatively small starting bid price. It was built in 2019, and from the looks of the...
Ronald Perich
Continuing to learn about rentals - taxes?
So I have been around BP for about a month now. Every day I learn something new, but I don't get to post a lot because I usually look at the site on my Android device. Unfortunately, it doesn't work so well with BP fo...