M T Naughton
Protecting Equity Other than Refinancing
Hello,
I started operating STRs this year and am nervous that someone will sue me and take my equity. All of my properties have gone up significantly. I would refinance but rates are horrible. The properties are alr...
Account Closed
W-2 investor looking for evening/weekend meetups - suggestions??
As a W-2 investor, I haven't had any luck in finding any meetups in the Greater Austin Area that are held in the late afternoons/evenings or on weekends. I have only found one (REIA Austin) but it gets mostly mixed re...
Peter R.
5 Unit Analysis
Hi BP. Looking at a 5 unit, would appreciate some thoughts if you have them.5 units, all 2 bed / 1 bath:Purchase Price: $275,000Mortgage: 30% Down, 5.15% on 20 Year AmortizationTaxes: $2200/yearInsurance: $2000/yearM...
Andre Bias
Best way to find leads for owner finance
Looking to start sublease through owner finance not sure how to search for leads for owner finance any suggestions with be greatly appreciated
Nathan Speary
Management Company Money Flow
I am starting a small management company and am wondering what the best practices are for cashflow for my properties.
Should I set up routing rules so the owners get a direct payout from AirBnB and I get a direct ...
Saar Amit
Tax Implications of Holding Period for Property Flip in Florida
Hi everyone,
I have a few questions regarding the tax implications of flipping a property in Florida:
1. What are the differences in tax rates if I hold the property for less than one year versus more than one year?...
Robert Schwenkler
Managing liability (via LLCs) while using residential loans
Hi gang,
I'm just starting to look into/learn about commercial lending, and of course the terms on residential loans are typically better, sometimes by a large margin.
David Greene and other BP hosts talk about how ...
Scott Groves
Austin qualified intermediary recommendation needed
I will be closing on a rental property that I have in Michigan in a couple days. The closing was rescheduled due to a change that the buyer wanted to make regarding the loan. The new closing date has not been schedule...
Aaron Smith
Capital gains
BP Tax Gurus,My question is regarding short term rehabs. I know that if you hold a property for greater than 1 year, its taxed at a long term capital gains rate (15% for most people), and less than a year, it is shor...
Arjun K.
How much umbrella insurance to get, when paired with LLC and property-level insurance?
I have 4 questions, dealing with two people, Person "A" and Person "B"
1) How much property-level landlord insurance should one get, assuming: The properties in question are all value of ~$250K average with 20% equi...