Jeremy Clark
Best refinance parameters
Hi everyone. Here is my scenario. I purchased a SFH and have a total of $120k into the property using some personal funds and and hard money. The property appraised for $180k. I would like to refinance and pull 35-4...
Hunter Fitch
Holding tenants personal property for payment?
I've got a tenant that was evicted (over 30 days ago) that left some personal property at the rental. They burned me for about $1000 in unpaid rent and utilities. Now they are asking for the items back. Can I legally ...
Account Closed
Umbrella Insurance for LLC?
So I have an LLC for all my flips. I plan on doing some eventual buy and holds as well. Should I have an umbrella insurance policy? What kind of protection do flippers here on BP have?
Dan O'Neill
Purchasing a Vaca Rental BUSINESS, what do I need to know/ask?
Good Morning Everyone,I'm currently evaluating a potential purchase of a portfolio of vacation rental units all of which reside on the same property (single owner). What are some of the things I'll need to consider w...
Gopichand N.
How to calculate discount when paying in full cash ?
How do you negotiate when paying full cash for a $400k SFH ?any thumb rule(s) on how much to bargain for ?
Artur A.
Please help me to run a numbers for a deal (loan, HOA, rent)
I'm planning to buy a property in the Bay Area (Danville, Concord, Richmond area). If something happens in my life and I would need to move out after some time.I'm trying to calculate all numbers, that rent will cover...
David Light
3/2.5 SFR in Houston Texas - Deal Analysis
I'm running the numbers on a single family rental in the Houston,TX area. Seems like an OK deal but interested in any feedback. Here are the details:Purchase Price: 163,200Repairs: 5,000 (Tile repairs, paint and 3,500...
LuAnn Vigen
keeping track of the basis of a rental
I just purchased my 5th rental and I am in need of some advise on how to set up books and track the basis of this house. I past attempts have not been without problems. What categories do you use? Once the house is re...
Ryan Keenan
Claiming improvements on your taxes
hello BP, question about doing my taxes this year.. I bought a duplex and took out a 20,000 loan to fix it up.. I would like to buy another property this year and need every penny of income to help show the bank to qu...
Frank Mancuso
Good Numbers? Not So Good Neighborhood?
I've been looking for a multi-family unit to add to my portfolio and my property manager called me with a deal that fell through and the current owner wants to unload it. Details:5 units - Large home that was convert...