Hi everyone,
We just acquired 9 new doors and inherited 6 new tenants ( the other 3 are vacant for now). I was wondering if there are softwares or ways of having all tenants pay their rent other than the way we do it...
Owner Termination - Cancellation FeeSomething you never hear about is HOW can an owner terminate a Prop Mgr!. In my case I was fed up with lies and incompetence, and switched to another local Pro mgr company. but I a...
Hello everyone, I'm new to the REI world and also BP. I had a question about Turnkey companies. Do they allow you to finance it through a broker or do they want cash up front usually? One of my family members told me ...
Hello there, I wanted some guidance on how to make the best use of my cash. Last summer 2019 I sold my business with the intention of using the proceeds as a downpayment to buy a much larger cashflowing business, uti...
Hi BP Community! I want to start investing into rental properties... I worked hard and saved for many years and now I have $40,000 saved up (aside from my $15k emergency fund) to use as a down payment on a rental prop...
Hello everyone. A few months ago I bought a house cash. I was able to rent it out and just finished cashout refinance with an LTV of 75%. Can I use that money for a down payment for another house right away?Will the n...
Life Insurance cash-value can be a tremendous way to build generational wealth through their infinite banking concept. I always recommend getting a high-value whole life policy that let's you accumulate cash-value whi...
Hi all!
If I had a rental property with exactly zero cash flow at the end of the year (after paying for mortgage/escrow/insurance/maintenance/etc.), would some of my depreciation expense shield the funds that were us...