Hi all,We are trying to do the BRRR method on our first investment property, but have run into a glitch. We found a property and used a loan to buy it that allowed us to do only 15% down. We rehabbed it (using our o...
When you guys are filing property tax amounts for rental properties, what figures do you use? For example, let's say I am filing for 2023: 2022 -2023: Installment 1: $5,200 Paid Nov 2022Installment 2: $5,200 Paid Apri...
We are about to do our first commercial mortgage on a portfolio of 7 SFRs on up to 80% LTV with a 20 amort / 5 yr balloon. We are inheriting tenants on 6 of the 7 and not planning significant rehab for the most part ...
Anyone have any experience in small town REI? Any pros and cons Thanks.
when purchasing on yellow letter do you have to send a list of addresses and names or do they send it to your so you can do that?
Good Afternoon BP!I am looking to move my real estate agent/auctioneer business into the land niches (agriculture, residential and commercial). Has anyone in the community prospected specifically for land with some g...
I need help with a tax
question - I bought a house with my father to flip at the end of last year. So,
by government classification we were a general partnership at the time. We
financed the house using a loan in o...
Hi BP, When we change property managers, do tenants have to sign up for a different property management software for payments with the new manager? Or we use the same software only different manager? I don't want to a...
Hello, so I bought my first house and before I bought it, I didn't know about the BRRRR Method. I purchased the house for $145,000 and they were asking for $180,000. It appraised for $150,000. Renovations would cost a...
Hello everyone,I want to start financing buy and hold investment properties but I am looking for funding. My question is this. How can I use hard money lenders for this type of strategy? My problem with hard money is ...