Amy Zetzman
BRRRR value-add - subdividing a lot with 2 SFH
I've recently bought my first deal, which is 2 SFH on one lot. I wanted to use the BRRRR strategy, but I ended up getting a loan for 80% of the ARV. So the potential value add was already built into the loan. The a...
Account Closed
How do i analyze a house hack property & at what cash flow?
Ive been spending many hours and cant get a straight answerTrying to buy a duplex in Philadelphia and want to analyze the property the right way.Im looking to put 10 to 15% down @4% rate. What should i use to calcula...
Andrew Myers
Small multifamily that needs work but has existing tenants
To the BP community, what are the strategies out there around purchasing a small multi-family property (2-10 units) that needs work but has existing tenants? Do you wait until the leases terms end before making impro...
David Rincon
How to get a mentor in the real estate business
Hello, real estate community. I'm a 21-year old newbie with no properties. I've been gradually learning about real estate and I realized how important it is to have someone who teaches you first hand. Tomorrow night I...
Andrew Brazell
Florida (Panhandle) STR Tax advice
Hi all!Military couple new to the panhandle in our very first property! It’s a 4 unit- we do house hacking through a mix of leased tenants and STR. We originally planned to do leases only but pivoted to STR to maintai...
Linda Dorothy
Variable Annuity Alternatives?
I have a variable annuity that represents 1/3 of my retirement assets. The other 1/3 is in a rollover IRA which I’m gradually converting to a Roth. I am 64 and would like to explore the best options (if any) of invest...
Shefali R.
Choose: Larger Loan at Higher Rate or Smaller Loan at Lower Rate
Hi - Financing experts, need help choosing between two loan options on the table. 1. Bank A is offering $400k for Prime + 1% (small local bank) 2. Bank B is offering $435k for Prime +1.75% (large national bank)All oth...
Sam Bhullar
Software, Processes & More...
A shout to all the pro's out there! Any advice would be much appreciated.I've been on BP for about a week or less. It's been a great resource so far. I am totally hooked to it and ended up watching almost all the podc...
Marysue Connelly
legal right to ban prior owner from property
I purchased a 22 unit apartment building summer of 2018. The past owner did self management and was lax and inconsistent with any type of policy. He has been visiting the property and seems to be advising tenants on...
Stephen Jones
Rent increase for half the units?
BP Family,I am closing on an 8 unit property this coming Friday. In 4 of the units, I will be collecting 875-950$ per month, which I'm ok with. In the other 4 units, the residents are paying 700$ a month (people who h...