Kneegel Benjamin
New to the industry!
What’s going on BP’s family! I am Kneegel Benjamin. A average joe. Not much of a career to speak on, just jobs to pay bills. I am a brand new “investor” that has zero dollars and zero experience in the industry(which ...
Matt Lorenzo
Use a Home Equity Loan to Pay Off Newly Purchased Home?
Hi all,So, my situation is as follows. I currently own 1 condo, and recently purchased a duplex. Both properties are in Cleveland, Ohio. My condo is paid off in-full. It currently appraises for $63,000. I put 25% down...
Matthew Swearingen
Calculating numbers to ensure deal is worth it
Is there a calculator or an app that when I locate a investment home to buy I can plug in ALL the pertinent numbers to tell me exactly what my COC and passive income will be? Also, is there way once I locate an area t...
Jay Flaggs
How To Prep Rental Between Tenants?
I have a residential property that will be vacant for a short time while and I'd like to know some of the ways you prep the home for viewing and new renters.
The previous renters left the house in good condition, but...
Will Coleman
Central Arlington BRRRR!!
Howdy!
I just closed on my second house in Central Arlington TX. Purchase price was 92k, putting 32k into it. Doing a hard money loan so we put 21k down at closing. ARV 155k, planning on refinancing and renting hope...
Cody Smith
Do I have to use a 1031 exchange to reinvest my equity to a STR?
Hello BP, thanks for reading my post and the helpful responses I always get!I currently have a single-family rental in the market I live in, Columbus, GA. I purchased this home in 2017 and lived in it as my primary un...
Elio Campiolo Jr
Waterbury, CT - multi-family cap rates
Hey all,I'm new to REI and new to BP as well. I've been doing my share of research and i know this may be a question that is too broad, but here it goes...I've been looking at some properties in Waterbury, CT and I'd ...
Jacob Stephen
About to Close on a multifamily and tenant hasn’t left
I’m closing on a multifamily Home next week and the seller promised to deliver the building vacant. The sellers broker called me today and said one of the tenants hasn’t left yet and asked me if I️ want him as a tena...
Mike Taddy
Seller Financing - Structure for Early Payoff Considerations
Hey everyone. Obviously a lot of things to discuss related to Seller Financing (SF). For the sake of this post, my question relates to early payoff considerations. I'm currently working on a time-phased purchase of...
Cameron Price
Is Tax Math Fair? And does anyone actually understand it?
I just filed my taxes for 2018, and had to pay in a significant amount of money. This got me exploring some of the details of my situation and trying to figure out some of the math and the logic for certain things. I...