All,Apologies for the newb question, but I just heard about cost segregation and have been reading up about it online.My understanding is this (and please correct me where I'm wrong):Pros: -accelerate depreciation, fr...
This is quite open ended but what would you do if you made 140k, fully remote work, just moved to Miami (no income tax), and have 3 properties/dabble in the stock market have about 400-500k cash to use aside from inco...
Dear All,I'm considering purchasing a property using an interest only HELOC + Conventional loan. It is a 3-family, which after expenses should produce about $360/month (see cost analysis attached). Rents are currentl...
Hi BP fam. I'm a 32 year old licensed GC in southern Cali. I'm looking to invest in my first property and would like to hear your guys' thoughts. In my mind this is a no brainer but what the hell do I know. I have...
Hello BP Experts,
I have a quick question.
I want to pull out some equity from my 9 existing rentals. Each of them valued about 250K all paid off and cash flowing. First Carolina Bank of GA offer me a $750k LOC fo...
I was reading an older thread and Will and others suggested granite countertops for rentals and flips. I'm going to be putting in a new kitchen and am considering what to put in for a personal residence. The propert...
Does this work?Find a vacant house and contact owners.They've been kicked out by the bank under power of sale.I feel that the house is worth 150k as-is, 10k in updates (not big repairs) could make it fit into the 190k...
For those experienced in private lending: This question was posed to me in my membership group from an investor:What strategies have been most effective for scaling your loan volume to $5M+ per month? I'm particularly...