Mike T.
Confused about using HELOC to buy rental properties...
I'm just starting out and would be incredibly appreciative of feedback on something I am a tad confused about. I have a primary residence with a fully paid off mortgage (I am very grateful for this but at the same tim...
Travis Buck
Possibility of being audited??
I have owned rentals for 4 years now. I never took the depreciation!!! If I go back and amend my tax returns for 2014, 2015, 2016 would that EXPOSE me more to an audit? I stand to get back an additional $2,000 per ye...
Caleb Vance
Unconventional BRRRR Strategy?
BP Team,I am trying to buy my first investment property with the intent to use the BRRRR method, but I am seeing if its possible to use that method with out purchasing the property all cash. I was planning on putting ...
Taylor Burns
Bank Loan For Down Payment on Owner Finance Multifamily
Hey BP,
I'm working on getting into a mid-size apartment building (30-50 units). I am exploring options on funding and was curious on some non-traditional ways.
Is it possible to get a 10-20% (of purchase price) b...
Thomas W.
Why do you exclude the mortgage payment from the cap rate?
It seems like you would want all expenses included right? As I understand it the cap rate is telling you what percentage of the total price you'll make back in a year?So why would you exclude the mortgage payment beca...
Luke Petrozza
Negotiate with Bank on Owners behalf?
Hello All!I am looking for some advice on how to discuss a mortgage that an owner is going to leave in his name as i buy the property "subject to". The owner is looking for payment relief as the $1200 payment is @ a v...
Johnny Aloha
Sparkrent invitation?
After reading the great threads for online rent payments, I decided to try sparkrent. But it looks like it's invitation only. I emailed them last night but haven't received a response.
Can someone send me an invite...
David Vaughn
Seasoned investor new strategy
Hello my name is David. I say seasoned so maybe not by today's standards. I have over 50 doors but have basically done it the old way by saving up down payments etc. and buying extremely distressed and sweat equity In...
Darrel Hernandez
BRRRR without refinancing?
Hello all! I was speaking to an investor I met regarding the BRRRR strategy I was planning to do a propert I just picked up and he mentioned he does this process with a slight difference, he doesnt refinance!?!?!?! Af...
Nelson Maldonado
Learning about REI with a little Fork in the Road
I am a 30 y.o. Mathematics teacher in Hudson County, NJ and I currently rent an apartment with my wife (also a Math teacher). We were blessed to have a little baby to enter our lives early this year. During this pande...