Ryan Stevens
Simple Interest Finance Code Loophole in Texas
Hey guys,
I have been looking everywhere for info on how a simple interest loan could be used as a supercharger on rental property cashflow by paying for literally ONE DAY OF SIMPLE INTEREST PER MONTH IN TX.
A coupl...
David James
Need help with BRRRR and Rental Calculations
I am doing a walkthrough of this property tomorrow. I will be using the VA Rehab loan. Im sitting here running the numbers both for rental property and the BRRRR method. The rental portion looks pretty good but when I...
Blanca Munoz
Single family home but just found out about the BRRRR Method
Hello, so I bought my first house and before I bought it, I didn't know about the BRRRR Method. I purchased the house for $145,000 and they were asking for $180,000. It appraised for $150,000. Renovations would cost a...
Mauricio Ramos
Tax advantage on interest only?
Hello BP,I am working on a deal with a seller willing to owner finance a 6plex. As part of my terms, i am asking for 12 months interest only at first and then start paying off the loan to the seller with interest. The...
Ashwin C.
How to scale your rental portfolio
I recently purchased my first property (turnkey) using a conventional mortgage. After purchasing it, I realized that saving up for the down payment (25%) every year is going to be a really slow way to grow my portfoli...
Elyse N.
Question about the BP 4 Square Method
I am creating a Google Spreadsheet that effectively calculates ROI for me. I am using the BP 4 square method. My question is, should the "Total Investment" number be the purchase price or the down payment? I will be p...
Rene Hosman
What is your preferred way to collect rent?
What forms of payment do you accept from tenants?
Collecting rent is something we don't talk about much unless it's not happening but I wanted to start a conversation about what methods of payments you accept and wh...
Angelo Mart
Best Choice for Rent Collections
My 1st property I purchased has been rented to Section 8 tenants, thus making rent collections easy. However, my new 2-Family is going to be Cash tenants (No S8) which means I have to collect. Which is an easier, fast...
Lee V.
Auto pay for rent payments? Good idea??
hi guys,Does anyone do this? How do I go about setting this up? Is it a good method this is my first rental property
Account Closed
BRRRR Method in Canada
Hello, My name is Max. I am a 21 year old living in Canada, more specifically Fredericton, NB and I am looking to get into my first property and thus the world of real estate. I am currently in a position where I do n...