Luis Valdez
Refinancing my first property
I bought my first investment property in 12/2018. I've added 2 new HVAC systems in April.
1. When should I refinance? (Looking to reinvest into another property)
2. What bank/lender do you recommend?
3. How much d...
Drew James
BRRRR Strategy using a line of credit
I'd like to hear what others have to say about this. I have a bank that is willing to do a line of credit based on the equity in my other two rental properties. The line of credit would be $100k. I have $100k in ca...
Joe Jung
Searching for Hard Money or Portfolio Lender with no Seasoning
Hello,I was hoping to find some lenders that is willing to cash out refi with minimal seasoning. Can anyone help me find them?Thank you.
Javier Toscano
Can you use the brrrr method on a semi turn key property?
Hi all, first post here..Im in the process of closing on a house in Richmond VA, the inside of the house is already completely renovated. I have tenants ready to move in towards the end of the year and I’d be positive...
Keith Burwell
New Construction impacts on 'Flipping Market'
First off, I appreciate any input here. How will the market for flipping homes be affected by a hot market for new construction. I would like to begin flipping locally, close to the center of town where the older hous...
Cary Beadle
Closing IRA Worth It?
Hey BP Community,After purchasing our first SFH to rent, we are interested in purchasing another ASAP. As we considered our options to pull together funds for a down payment, we considered closing our Traditional IRAs...
Dan H.
Average of 24 rental applicants for every rental in San Diego
Yardi Matrix (Rent Cafe) states there is average of 24 rental applicants for each rental unit in San Diego. This seems crazy high. This is up from 14 applicants per available unit a year ago. Note this is not numbe...
Joseph M.
Cash basis vs accrual basis at tax time
I currently own a rental property in my name and was paid in advance for rent. I asked my accountant if we could account for it on an accrual basis and he told me that I wouldn't be able to. Can anyone provide some in...
Clayton Smith
Return on Equity Calculator
Looking to get some advice on when it is time to pull equity out of a house. Trying to find a formula that I can keep an eye on month to month. I have some equity in my portfolio but with higher interest rates my paym...
Julio Gonzalez
Tax Planning Strategies for Self-Storage
There has been an increasing demand in recent years for self-storage units to store business items and personal belongings. This demand has attracted real estate investors as it can be a stable and lucrative sector of...