Martin W.
Is this a good option?
First rental property for me. Have for a long time been wanting to get a rental property and I have settled in a place where I'd like to live for a long time.I would prefer to get my first property close to where I l...
Jonathan Greene
Have you hit your investing goals so far in 2024? Why or why not? Let's talk about it
Let's talk 2024. Have you hit your goals or exceeded them, or are interest rates and low inventory holding you back?Tell us your goals, where you are at, and why. Get some advice or encouragement from others in the sa...
Eric La Pratt
Self-Management: Auto-closing Exterior Door Hardware?
I am looking to add several smart home features to my properties to allow me to more effortless manage my small multi-families from afar. One of those features is programmable door locks. While I already use these and...
Adam K.
Leaving CA. Hold my primary or sell and reinvest?
Orange County, CA ( La Habra) On my current residence, owe approx $335k + $135k HELOC (down payments for out of state rentals). Home worth $825k give or take. Mortgage at 3.125% and a payment incl. taxes and insurance...
Marci Stein
Monthly income from SFH rentals?
Just finished preparing for taxes . Paid cash — , after all taxes , insurance , and repairs on my 40-$45,000 houses , monthly take home is $450 $500 per houseeven though rents are double that much . Not sure if I’m...
Mike Dymski
inspections for apartment complex
When I purchased a 25 unit complex, I did not have a good solution for the property inspection (spoke with a bunch of brokers and inspectors). My options were (1) $50/door from a company that I felt was going to use ...
Phylesha Smith
Recommendation for borrowing against our 14 unit complex
We recently built 2 single story apartment buildings. Each building is 7 doors. We need to borrow against the buildings to invest in our next property that we have run low on cash flow to finish due to all the in...
Brad Jacobson
Breaking Cashflow Rules - Worth the Equity?
I'm about to acquire three doors (one single fam and one duplex) at a great price from a motivated seller. Should have at least $100,000 in equity between the three and they're all very much rent-ready. The seller n...
Steve Kirsch
save funds for future purchases or pay down loan faster
Hello BP family,How do you determine how much of rental income from doors should be applied to the loan and how much should go toward the next down payment of another property. If I have extra funding, should I apply ...
Ryan Hotza
Any ways to get around banks not giving loans into LLC's?
Hello you all, im brand new to BP so please forgive me. So im looking to get started with a rental property i had been eyeing, my finances aren't there yet to purchase with no loan, so a loan it is. Im actually i...