Mick Regan
Pay off houses?
I have 7 rental properties and have accrued cash in the bank. Should I keep putting rent into the bank or pay off the mortgages? What are the pros and cons?
James Farrel
How to treat Vehicle Mileage prior to Unit Available for Rent
I file Schedule E and purchased a property last year. How do I treat the following vehicle mileage accrued before the unit became "available for rent." Does some of it get added as additional basis in property? I...
James Fisher
Funding rehab projects, as a lender what is a fair return?
I am looking into getting into funding rehab/flipping projects. I plan to operate inf the Fort Worth/Dallas area. I understand that every deal can be different but is there an average return I should be expecting? Wha...
Sam T.
Trying to acquire personal lines of credit
Hi all, I'm planning to try getting as much available money in personal credit lines as I can to use for acquiring rentals. The plan would be to then cash out refi and repeat (BRRR) indefinitely without needing much, ...
Bill Plymouth
Correct Analysis Numbers
Hey everyone,I've been practicing my property analysis, but I have a concern. I have no idea how to gauge how much insurance a landlord would pay. I've been analyzing mostly duplexes, tris, and quads. I've been usi...
Adam Lynch
Potential Deal
What do you all think of this deal based on just the numbers? The amount of rent is based off the least I think I'd get. It's a 2 bed, 1.5 bath. About 800 sq feet. The sellers would agree to seller financing. Jus...
Rudy Hernandez
How to property do an expense sheet Real Life Example
Hi BP members,Hope all is well.I have been managing my own expense report and am stuck on what I feel like is either obvious or I am just oblivious to it. In my expense report, I include 5% maintenance fee for any fu...
Taylor Vick
Bond for Title / Deed - Sale in the eyes of the IRS?
Say I bought a property in June 2017. I then enter into a Bond for Title contract with someone October of 2017. The person gets a traditional loan and pay me off in December of 2018. Would this be treated as long t...
Rasheik Trammell
Finding Deals in the Metro-ATL Area? Cash flow vs. Cash down.
Hi team, I'm looking to start my real estate investment journey in the metro-ATL area. 1. I'm trying find rental properties that cashflow, and that doesn't seem possible in ATL. Right now, I'm using mashvisor to ident...
Adam Wright
Refinancing a Performing Duplex with no W2 Salary (Laid Off Work)
Hello! I've talked to several banks, and they won't cash out refinance a duplex I had bought in my name and have owned for 5 years because I don't have a W2 job due to being fired. The property cash flows and was appr...