Hi BP Community,I have a question about the BRRRR strategy that many investors are now using to build their portfolio. Specifically, I have a few questions on the refinance portion of the strategy. Broadly, what are t...
When is the "best" time to open up an LLC? Before the first purchase? After the 1st? After acquiring several properties? Do you buy a property and then put it into an LLC or do u LLC and then buy the property?
Let’s be real. California has a housing crisis. It has for years, and that is one of the reasons the prices of homes are so high here. Development of new homes is so costly that it makes it challenging to create new i...
Hey everyone. My wife and I are in the process of purchasing a SFH investment property with another couple. The other couple plans on obtaining a personal mortgage and then we plan to title the property under a mult...
For deal sponsors, what kind of waterfall do you typically underwrite your deals with - American or European? For LPs, which waterfall do you prefer to see in a deal? I'm assuming an LP would prefer a European waterfa...
Hey all,I know there's a dozen of these threads going right now but just for ease of information I thought I'd post a "new" one here to respond to some of the comments and critiques I've heard:- The Post & Vote to...
Hi,I'm in the process of closing a deal as a buyer. Part of the closing cost, the lender includes their legal fee which I believe is absurd because their attorney does not represent us and we never agreed to any of t...
So many lenders will not touch a small deal. Could this be a remedy and if not why not?
1. Assume there are 10 investors in the City X who purchased with their own money 10 properties. Each property has ARV significa...
How do you guys currently manage your maintenance requests as they come in? How often do your tenants reach out about issues? Is there any specific part of the system that you have streamlined really efficiently?
Is there a resource available to learn how to owner finance?
I'm interested in doing so with some of my future deals.
If I understand it correctly, I can pretty much have a loan on a property at, let's say 7%, and...