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In the BRRRR strategy, you generally do a cash out refi in order to get the cash to "repeat." Is there a POV on whether or not you should refi the entirety of your initial investment so that your COC returns skyrocke...
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Just happened in here once out of curiosity and found my way back. I am trying to work a deal now and I thought I should get all the knowledge I could get. I think this is something I could do well but I want to do i...
Hello all,My business partner and started an LLC where we put in equal capital and did equal work to buy and hold rental properties. We use a management company and generally do the work between tenants but hire out ...
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I have some tenants who have refused to pay rent. I already spoke to a lawyer and went through the standard process of giving tenants written/verbal notice to pay by XXX date or lose rights to possession of property....
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Good afternoon BP! I have a question for you all. I'm still learning, so forgive my ignorance. I've heard the term "love money" and understand it to be money given or loaned from family. After speaking with a bank, ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $80,000
Cash invested: $72,900
We have less than 2 weeks left in our fix and hold project in Pittsburgh, PA. The s...
Hello, I'm dealing with a tricky situation and wondering if anyone else can provide thoughts.
I purchased a quadplex in December 2021. At the time one of the tenants was not paying rent and I came to find out that ...
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Hi! I'm 22 years old, from Minneapolis, MN.My girlfriend and I are looking to purchase a multifamily home for a househack this Spring. We have been looking into low/no money down programs such as Neighborhood LIFT and...
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I have several rental properties but have never formed an LLC. With the new tax law coming I keep hearing about the pass through income for LLCs. I am wondering how I am currently taxed on the profits I make from my...
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I'm going to be returning from you US from Korea and need an entity other than my personal bank account to place $500,000. There are several goals that I will list below and desired results of those goals.Goals:
Inv...