BP Family. Newbie here! Well i'm ready to take the dive into real estate - cash flow heaven. Meet with a private lender and he sent me back these numbers (see photo). I've used the BP Rental Calculators to estimate my...
Hi all,Finishing up my first BRRRR.I have created 33,000 of new equity on my first rental. I can pull out 26,000 on cash out refinance. New mortgage will be 400 a month with taxes of 78 a month and insurance at 40. R...
Need some advice on Business Basics since I have never owned a Business or ever created one until now and I am not sure if I am just over thinking this but I want to do this right for my family’s sake. I have a Busin...
Hello-I recently put a newly purchased property up for rent and since the initial post the estimated rent for the area has increased by $100 (which is pretty substantial in this area). The home is listed with a potent...
I have the opportunity to lend on house we rehabbed. Would be owner-occupied. Title company states that they can simply originate the note and I can even service it myself. From what I’ve read it sounds way too simple...
BP's How to Be A Landlord: Top Ten Tips for Success, states to Create a Policy & Stick to it.Does anyone know where I can get a generic Policy/Handbook/ Standard Operating Procedures for tenants, and then customi...
I have been reaching out to realtors in my area requesting opportunities to work for them as an assistant. I don't have investment or real estate experience, but I have 6 years of office administrative experience. I...
Good Morning Everyone. I am in the process of purchasing my first investment property. I had paralysis for YEARS, but this now makes sense. Its a small condo unit for short term vacation rentals, across the street ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $220,000
Cash invested: $85,000
Distressed quad in Pine Ridge, purchased to renovate and bring rents up to m...
Hello all! I’m in the process of setting up 1 unit of my duplex for rent. I was wondering if it would be smart to start a LLC since I will not be using a property manager and letting the rental income flow through a b...