Samuel Cardenas
HELOC on LLC property Experience?
Good evening BP family, So, we are currently in the process of purchasing our third property. Our approach on the third property is BRRRR strategy using a HELOC from a current rental property that is paid in full. Now...
Kameron Patterson
Need help getting started (BRRRR Method)
Good Afternoon BP.I am looking to get started using the BRRRR Method but need some advice. - I am in the Indianapolis market. - I have a duplex I cashflow $500 on but do not have any equity in it as it was turn key.-...
Rashedah Henriques
Brand New To Real Estate
Hello everyone on BP
I am completely new to real estate. I am rebuilding my credit since family problems took a toll on my finances and I want to take control of my life. I have a about $2k saved so far and I want to...
Jeffrey Schechter
Using IRA money to buy house
If I use IRA money to purchase a home and am using the BRRRR method. When I go to refinance and get a loan against the new value of the house, what am I legally allowed to do with that money?
Dillon Hamman
Beginning my RE Investing Career in South Florida
Hello all,My name is Dillon, I'm a 22 year old senior at Florida Atlantic University. For the past 6 months, I've been writing out a game plan for starting my RE investing career. Currently, I'm in the education proce...
Anshul Pandey
How to expand rental portfolio quickly
Hello all,
I am aware of how one can quickly scale the number of rental units, with 5% down on 2-4 unit property, get lower rate due to it being your primary residence and then repeat every year.
So let's say I st...
J. Lancaster
Going through Escrow Instead Of Putting A House Under Contract When Wholesaling?
I listened to a BP Podcast not long ago where the investor said that he sends his agreements through Escrow instead of placing them under contract when wholesaling properties. Does anyone else use this method &...
Stephen Chan
Legal / possible to shift rental income to another person via a lease to said person + said person subleasing units?
Hi everyone!
I have an odd ball situation / question about if a particular method to minimize my tax liabilities on the rental income from a multi-family home purchase is legal, as follows:
Assumption: T...
Rogelio Lopez
Help getting started
Hey guys I’m Rogelio, I have been doing commercial electrical for the most part of my working career although I throughly enjoy it , I would love to get in the world of real estate! I heard of the brrrr method and fou...
Harman N.
Taxable value reassessment after adding ADU (San Francisco)
Hi all,How aggressive is San Francisco in marking up the taxable value of a property after adding an ADU? I've a duplex I bought 2.5 years ago. It's worth more than what I paid for it since I renovated the unit I live...