Robert Huizar
Created 2nd LLC, whats the proper way to fund this? (Details)
California LLC. Business established Jan 2018. My partner and I started off by forming an LLC but quickly learned that we should probably have a passive and an active income LLC. We have already poured our funding ...
Bruce M.
Banks and realtors
I was anticipating that when banks have foreclosures, they would seek out Realtors with REO experience or perhaps a realtor specializing in REOs. As I look at the various REOs in a given area, I find REOs listed by ...
Jason White
BRRRR strategies for housing/economy crisis
I wasn't involved during the last crisis, what is to be considered when using a BRRRR model?My thoughts:- There must be a certain cash flow rule of thumb that will allow you to reduce rates if needed to avoid vacancie...
Jasraj Singh
I really want to know how to perform market analysis?
I really want to know how to analyze a market or neighbourhood in which I'm investing, I'v talked with a lot of people about how to analyze a housing market but I still didn't really understand so I thought this place...
Damon Cluck
Add a 2nd Bathroom or not?
I currently have a 3/1, approximately 1300 square foot under contract. The house has a second living area, that is a former garage converted to a family room. I am looking at approximately 3500 to add a second bathr...
Kevin Bevillard
Renting to Students (GPA Discount)
Hello BP members, I am looking to invest in an area that is dominated by college students and was wondering if anyone has attempted to give a small discount on rent at the end of a semester pending the maintenance or ...
Aaron Gordy
Austin Texas keeps booming....More evidence
https://www.statesman.com/news/20190801/dallas-fed-austin-economy-continues-strong-expansion
Job growth has surpassed 2018 and 2017 growing by an annual 4.7% and unemployment below 3%. New jobs in the tech sector cli...
Thomas C Perry Jr
Question regarding cash out refi on rental property
How do you maintain cash flow after a cash out refi for a rental property? Does the increased principle balance significantly reduce the monthly cash flow? How do you work that value into your initial pro forma when r...
David Dale
Should I purchase the 7 unit multi-family?
Hi Guys,I am a fairly new investor and I am looking at purchasing a 7 unit apartment building. It is located in a mid-sized regional town with a good employment base. I am more familiar with SFR, so I am somewhat an...
Arjun Sapra
Increase in assessed value Trenton, NJ
I purchased a 2 family home in Trenton, NJ last year. Did some work to add a second furnace so each unit had their own heat source (with permits). That’s about all the work that was done. This year, the ‘improvements’...