Jewel Coleman
BRRRR Method (How to Refinance)
Can some explain the Refinance portion of the BRRRR method? Do you have to document the upgrades you made? How does it work?
Katy L.
SF South Bay Area Advice on renting out house
There was a great article on BP: https://www.biggerpockets.com/...However, hoping to find some local advice in the bay area (We're in South bay Cupertino/Sunnyvale area). We are exploring leasing it out ourselves and...
Nathan Cross
Trying to make daily strides to my end goal
Close to completion on my second flip in the Fayetteville NC area. Of course passed the timeline set by the GC and well over the budget as planned. Today was one of those days, dropped by in the morning and not much g...
Jenny Sung
1st Time Investor - Need Help Analyzing a Deal
Location - Spring, TX
Built in 1977, 3/2, approx 1500 sqft
Contract Price - $120k
Locked-in Mortgage Rate - 3.5%, 20% down (no points)
Total Monthly Rent - $1450
- Comes with Section 8 Tenant (Mom & 3 kids)
...
Gregory Schwartz
How do you protect yourself from TCPA violations and Do Not Call List lawsuits
A local agent recently got sued for calling an old client who was on the Do Not Call list. It seems ridiculous, but that's the world we live in now. With the increasing number of lawsuits and penalties for TCPA violat...
Steven Anderson
Texas landlords / prop mgrs - move out price list questions
We've recently decided to start including a price list for items needing repair (not normal wear and tear) or replacement that may be typical during a move out to the extent a vacating tenant does not take care of the...
Eric Duke
Opportunity Zones, 270 Federal Actions to increase opportunity
President Trump held a cabinet meeting in the White House today where Dr. Ben Carson spoke on Opportunity Zones. Would someone expound further on federal actions? He mentioned grant preference points, loan qualificati...
Ryan Moore
BINSR Help
I'm under contract to purchase my first property, a 4-plex multifamily here in Phoenix. I'm submitting the BINSR tomorrow to the seller, and I was curious about strategies around what to ask for. The property purcha...
Justin Klein
Accounting - Income Statement Question
Accounting Question for you CPAs.So I recently purchased a rental unit and am just starting out. I have one asset (single family home). I do not use any accounting software at the moment as it is just one unit. It ...
James Quillen
Repair / Maintenance Tools
I've bought a property and I'm getting it ready to rent. I have not publicized it as available, so I'm not operating under the safe havens.
How are hand tools deducted (if at all)? While I understand major equipment ...