As we head towards a likely recession (OK that's my opinion) I believe investors will be looking for more diversification, willing to invest less per deal and looking for safer and more income generating investments...
Hi BP,
I'm working at developing a marketing profile for a wholesaling business in the Tulsa, Oklahoma area. (keyword rich. =D)
Is it absolutely necessary to have your LLC created prior to doing deals? Is it even s...
Hi Everyone -I may foolishly bid on a foreclosure from hell auction coming up in a week. It would be a BRRRR. This will be my first investment property in a long time. ARV is $345k to $375k.My max bid is $120k.It wo...
Hello BP Nation, I am an economist with personal & professional experience, and research interest in REI, currently based in Charlottesville, Virginia - home of Thomas Jefferson's Monticello & University of V...
Hey everyone. Thought I would share a cool story (at least to me :) since its the two year anniversary of closing on my first true flip. Hopefully you newer investors will be able to learn something and get inspired t...
Is there any advantages of paying off a mortgage for an investment property?When should a mortgage be paid off.The majority of people I have talked to have said investment properties should always have a mortgage, but...
In the last years, the rent amount on a BRRRR property has become the defining factor for the loan amount. It used to be mostly LTV and appraisal, now it's the 1.2 DSCR, so in that way rent is becoming the limiting fa...
Amy from AL here...what is cap rate? What's a good cap rate and why? What's a bad cap rate and why?
So I'm interviewing property mgmt companies and yesterday I talked to two new ones. While throwing questions at them, the second company said they typically only charge $300 for a security deposit (vs. the standard "...