Randy Vincent
Are squatters a common problem for rental property investors?
Hi Everyone,
My wife and I are looking to buy our first MFH in the Cleveland area, and I’m interested in knowing if anyone has had to deal with squatters on their properties. I’m wondering how common of a problem squ...
Ba Soet
Need more understanding about the refinance step of BRRRR
I'm a new investor and I've been reading doing some research on the BRRRR strategy and was wondering how does the refinance step work? I know that you'll be taking out a larger mortgage by borrowing more money than yo...
Nate McCarthy
Multi-party investing deal structure for BRRRR/House hack
My sister-in-law has found a house in their neighborhood that has been vacant for years, and lo and behold, the owner has passed away and the heirs are looking to sell. Lots to be figured out in this deal but let's as...
John Chan
Flushing, Queens market
I know someone who brought a property in Flushing, Queens in 2000 for $360,000. The property is classified as a single family, however it has 5 different units inside, renting for $40,000 in 2000, currently renting fo...
Frank Jiang
What proportion of your total wealth is held in real estate?
Traditional Financial Planning advice goes out the window when you start investing in real estate.Questions for BP:- What proportion of your total wealth is held in real estate?- Why do you keep the asset mix you keep...
MaryAnne Burrows
Property Tax Assessment
We are trying to understand how assessments for property taxes may affect our deal when doing the BRRRR method.
We are buying a house for $50K, putting in $20K for rehab. Our ARV will be around $105K. We plan on r...
Augustin Calderon
Most Tax Benefits? Renting Spare Room from a Primary Residence vs Investment Property
If you're weighing between purchasing a primary residence and renting spare bedrooms versus buying the entire property, which is more tax write off advantageous. In either case, the idea is to do the short term renta...
JonPaul Kessinger
Property not worth Rebuild cost
I am looking to purchase a large home in my small community. Most insurance companies are wanting to insure it at a minimum of 80% of the rebuild cost. The home is only worth 150k once fixed up but would cost close to...
Dillon Kenniston
Seller Financing relative to Equity
Hi BP team,How should a property owner's level of equity inform the structure of seller-financed offers?I love the idea of making multiple offers on a property where total offer amounts differ based on financing struc...
Eugene D.
Are these numbers realistic?
Hello All. Has anyone considered the Clayton Morris investment offerings for buy and hold homes?Their recommendation is to put away 40% of the rent for expenses and contingencies like vacancies and maintenance. The ...