Hello World...I've been working on assembling a team in San Antonio and Milwaukee for BRRRR. A conventional lender I was referred to in San Antonio said cash out refi was not allowed in Texas for non-owner occupied in...

Can Anyone Suggest Ways to Become a Better Landlord?

I'm currently working on my second deal and am looking to buy either a 3/4 plex. I'm trying to secure financing through a bank I worked with on my first property for a FHA loan. This bank qualified me for tradition fi...

So I just sat with a friend who spent his career (decades) as a commercial bank loan officer, mostly in real estate, with a retirement career as an independent bank auditor. Together we looked at three DST from three ...

Whatsup everyone! I am looking for some references on a Real Estate CPA in the Delaware/MD/VA/DC Area to help me get on track for optimizing the benefits of running a STR.  I am new to STR's having just launched in Re...

Hello BP,Do any of you have experience with owning Chalets as STR in comparison to Cabins? I hear in general the suggestion is to buy a cabin because that's "what people go there for", is there a significant challenge...

Back when the 2% rule was very relevant what was the average house prices/rent prices that were meeting the criteria? As prices on houses rose, things leaned more to the 1% rule. Now it is starting to be difficult to ...

We have a flip that we are doing here in Metro Detroit. We listed the house for $125,000 and have had multiple offers within the first week. We accepted an offer at full price with 5K in concessions, netting 120 (FH...

Hi BP, quick question... if you know the PITI of a property, how should you adjust the 50% rule to account for vacancy, maintenance, etc.? Would it be more like the 25% rule at that point? Thanks!

I am just starting out and doing research on to hopefully become more familiar with the ins and outs of rental property in my area in eastern NC. One question I did have that I find very relevant and a big determinant...