Katie Willcox
We Have a Duplex Dilemma!
Hi everyone! My business partner and I are considering purchasing an up/down duplex in a small city. The top unit was built in 1910 and moved onto a new basement in the early 2000s. We plan on gutting the top unit a...
Kendall Short
Setting Aside Funds For Cap-ex, Repair, Vacancy, etc.
Hey BP,
So I know we were taught to make sure we account for cap ex, repairs, and vacancy at a monthly rate when analyzing deals.
My question is, why don’t we just make sure we keep a healthy cash reserve to be ah...
Jordan Murrell
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.I have this property under contract in Memphis TN. The average 1 bed 1 ba rent in that ar...
John D.
Taking on investors: a handful of unaccredited friends, $5mil or so in capital
Hi All-
I've found a good niche. My returns are good, the properties are quality, cash-flowing, appreciating, and the portfolio looks good. I'll run out of money in a few months if I keep finding ...
Kenny Smith
What to do If I find Asbestos?
Hello BP community!I get asked this quite a bit with some of my clients, so I figured I'd share my thoughts on it. If you own a home that was built prior to 1978, there is a good chance there is asbestos somewhere in...
Arturo Borges
Best markets to flip
What are the best markets to flip properties right now in the US? In terms of current home values.
Paul Williams
Structuring Owner finance deal in OK
I'm wanting to seller finance my property subject to my existing mortgage in OK. I'm not familiar with OK law and what I can and can't do nor am I familiar with owner finance law, though very experienced in other are...
Elijah Artman
What to Do With 5 FourPlex Buildings? Before they're on MLS?
Hello colleagues, Thanks to BP podcast, I'm a landlord of a fourplex in Sacramento, (near CSUS) zip 95825I've found out that 5 four-plex buildings (quadruplexes) on my street will be going to MLS in few days. I got a ...
Guy Yoes
New tax laws on deducting home interest CPA advice
Hoping a RE CPA can help answer this question. I have my SFRs in an LLC. but not in a "company" as I don't qualify as a RE Pro. Currently, our rental income is counted as passive income and flows into our regular (...
Yvonne Sheehan
BP Thoughts On Rhode Island
Evening all,Happy Saturday. I have a question from my BP advisors. Although primarily focused on the Houston market for Buy and Hold investing (I am an out of state investor), a potential partner has inquried about R...