Thomas Nance
Conventional Mortgage option in NC
I have been doing the Brrr strategy for over a year and have about 12 units. All are under my LLC's name and are currently a interest only loan. It helps with Cash Flow, but I want to start gaining some principle. The...
Charlie True
Purchasing from landlord
Good morning,I approached my landlord of 2.5 years about purchasing the property my wife and I currently live in. We have been looking for a duplex for a while but thought we would at least ask our landlord. Luckily,...
James C
Cell Phone Tower Land Lease
I'm not sure if this is the proper fourm or not. I did a search and could not find anything. I was wondering if anyone has had any experience dealing with leasing/selling land to a cell phone company for use to put a ...
Steven Olivas
$100k Cash what to do?
Hi BP Fam,
I am Gathering different opinions here. What would YOU personally do with about $100k cash to invest in real estate & in detail please? Just want to hear everybody's investment thoughts. Cash flow, app...
Sam Lewis
Advising a client BRRRR strategy (cash-out financing)
Hey folks, I have a client who is looking to purchase a BRRRR deal every 3 months, with the plan to cash-out refinance 6 months post-purchase. The 6 month timeline would be 3 months of rehab, 1-2 months of placing a t...
James NA
How to simply "tie up" a property....PLEASE HELP.
Do you NEED a purchase and sale agreement or can it be done with a simple "intent to purchase" letter or a written offer???? A purchase and sale agreement contains all types of clauses and issues that my seller and I ...
Sue Spencer
Sale of rental house depreciation of appliances
First time I have sold a rental house. I've always done my own taxes. I have been depreciating the refrigerator, gas range, carpeting and tile flooring improvements separately from the house as they were improvements ...
Aaron Rowzee
Joint Venture Flip Questions
Good morning, BP.I've got a first time situation concerning a flip house I have under contract. My plan was originally to use hard money to purchase and flip the home, however, one of the investors in my local group h...
James Krueger
Owner Listed is a Trust - Should I pursue?
I'm finding a few properties in my target area that have a trust listed as the owner of record. Are these properties something I should try contacting the owner(s) about selling?
Alex Boyce
Flipping vs. Buy-And-Hold?
Hey BP,
Seeking some experienced advice on strategies when starting...
I'm VERY excited about REI but am in the very early stages: getting my personal finances in order and learning as much as I can. Currently renti...