Dilpreet Singh
Buying 2 Rental Property
So I right now I have 3 proprieties, which all together makes me like 1000 cash flow each month. Right now my bank will not give me another loan cause My income does not stay under 40% so I am buying contracts homes. ...
Morgan Madill
Recent college grad looking to househack a tri, 4-plex deal
Hey BP! I’m a recent college grad with some real estate sales experience. Moving to a new area to work a steady W-2 job in Midland, MI area. Lenders can use college transcripts plus employee agreement in place of 2 ye...
Daan Van Straeten
Pro forma cap rate calculation
Hello,When i was watching the analysis video on the BP Youtube channel i was wondering how they did calculate the Pro Forma Cap Rate.As far i know it is calculate like this:Pro Forma Capa Rate = ((Monthly Income - Tot...
Brandon Miles
How to add to my portfolio?
I would like to say Hi to everyone! I am new to the forum. I live in Lancaster, SC about 30 minutes outside of Charlotte, NC . I am 26 years old with four rental properties 100% paid for currently netting around $2500...
Jacob Calbillo
Valuing additional lots
How do you value a small MHP that currently has 15 lots but was approved by the city to expand by another 20 lots? The current owner has received approval hasnt starting to built out the lot space and the utilities ha...
Becca Long
Move into my flip?
I currently own my home mortgage is about 1200/mo. Recently purchased an investment property. Thinking of renting my current home out and moving my family into the investment property, slowly fix it up and put it o...
Robert Painter
Rent or sell?
We have just received a loan modification on our 3 bed 2 bath single family home. We have been wanting to move for some time now and feel it is a good time. Our current mortgage is much lower than what we can rent ...
Matt C.
Can I make a good commercial investment for 100K?
Thanks in advance for any input. I am new to real estate investing in general. I did years ago have a real estate license but have never owned any kind of investment property. I have around 100K in cash alloc...
Joseph Kray
Deciding on Renting or Selling Primary SFR
PostIn an effort to lower monthly expenses I have come across the opportunity to live at a lower monthly rate. With a hot real estate market in my area and extremely low rates I am torn between refinancing and renting...
Oleg Malkin
Carryforward losses if rental converted to primary
Greetings! Here is a scenario: I bought a third rental, placed it in service, and it is expected to have have significant repairs in 2021 that will likely lead to passive losses that will be carried forward into the f...