Brandon McLean
Tax Saving Idea Thread
Hello! Let's start a list of ideas we all can do to pay less taxes! I heard someone on the podcast recently just briefly say "Learn to live on pre-tax money." And I haven't been able to get that out of my head since...
Daren H.
Small Investors and Umbrella Insurance...Waste of Money?
I currently own 6 single family rental homes in my own name (value ~700K total). I have landlord policies on each. The general/personal liability coverage on each policy is $100K. I also have the general/personal liab...
Kelley Roberts
To Master Lease Option or not to Master Lease Option
I'm looking at a deal where the seller is anxious to sell a 38 unit apartment complex. They bought it for cash in 2005 for $1,675,000. Here are the current numbers.Asking Price $1,411,000. The normal Cap Rate for the ...
Amy E.
SmartLocks vs. Locksmith
I've only been in business a short while, but own three rentals. One I had to turn over already due to the quality of tenants, and it just happens to be the house with the most door locks I've ever seen on a 1200 s.f...
Account Closed
4-Plex Analysis - Your Thoughts?
Hi BP community! This deal is on the MLS - 3108 W Palmira Ave Tampa FL Property Highlights:-Great location (A- area of town, Hyde Park/Palma Ceia)-4, 1 unit apartments at 550 SF each -Asking $260k or $65k per unit-Ren...
Rian Ash
Changing Title ownership to own more than 4 properties
Hi BPers,I currently 3 properties- 1 Primary and 2 rentals. They are conventionally financed with both myself and my wife on the mortgage and the title. I am planning to refinance all of the properties and while doing...
Amanda McCoy
Better than lease option
I just went to a 3 day seminar held by Christopher McClatchey called Real Wealth- The Power of Zero in Orlando FL. I highly recommend it for buy and hold investors. He teaches you owner financing with 0 % interest wit...
Brian Sherman
Book keeping software for house hacking
Hey BP,Just got my first triplex that needs some reno before I can open for business. I'm living in one of the units. I set up a seperate bank acct. Now I need a book keeping software, what would you all recommend. I'...
Donald Torrence
Private Lending vs Hard Money
Here is a problem that I am having with people who are saying they are private lenders. You will hear them say that it’s all hard money. They say this because of the interest rates. Little do these people who say they...
James H.
Hard Money Details
I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...