James V.
Questions and interest in turn-key properties
I'm new to the site and have been pouring through the content for the past two weeks.My wife and I are interested in out-of-state rental investment opportunities (we live in the Southern California) and need to match ...
Tom V.
Submetering water without splicing pipes?
A while ago on the podcast (can't remember which episode) I remember one of the guests talking about how they were able to sub meter the water for a multi unit building by using some type of device that can read the w...
Rob Swan
What info for private investors?
In addition to using bank loans and hard money, we've also approached people for private investments. So for example offered 10% after 12 months if someone puts in $5,000. This has been pretty straight forward so fa...
Bill W.
Question on difference between list providers for Yellow Letters
I've seen several different companies mentioned that provide lists for homes to be targeted with yellow letters. My question is, what is the difference in these lists? Are different databases used by the companies t...
Anthony Gayden
8 unit In Tucson Deal Evaluation
I am doing a deal evaluation of an apartment complex here in Tucson, AZ. It is listed on the MLS here. Here are the details.Asking Price $275,0008 Unitsbuilt in 1987All are 2 bed/1bathRent is $500/month per unitOwner ...
Brian Silvia
General rule for cash flow vs total cash invested?
Is there a general rule of how much total cash should be left in a deal, vs the monthly/annual cashflow?For example, if I were to BRRRR a property and end up leaving a total of 24k cash in the deal, knowing that it sh...
Naz Hossain
Does this rehab scope of work makes sense?
Hello BP, we are currently under contract with on a triplex for 139k. It was built in 1912, which comes with its own set of issues. We initially budgeted about 50k for rehab but rehab estimates are coming out close to...
Eric Hipolito
Creating LLCs, structuring growth and/or hiring outside companies
I have my first rental property under my name and I know I need to transfer it to an LLC asap. But now, I've fallen into the rabbit hole of creating LLC's, structuring investment portfolios, protecting assets (holding...
Juan M Restrepo
Early termination penalty
Hi guys,
I have a rental property with a tenant who wants to break the lease early because they want to buy a home. The property management company who founded me the tenant provided me with a lease and I manage t...
Jay C.
Understanding Closing Costs on a Refi
Hi all,I'm looking to refinance and I just want to understand the Closing Costs and Cash to Close details. The estimate of the Closing Costs and Cash to Close are wildly different in the Closing Disclosure that I'm lo...