Daniel Pearson
Anyone actually buying rental properties in Utah and cash flowing
My wife and I have flipped homes in Utah along the Wasatch Front for a few years. We were never able to find a home that we could just BRRRR, due to lending requirements vs income, or lack of ingenuity / knowledge. Si...
Heather Doe
I need advice from a landlord whom is fair and not a slum lord
A landlord who allows her sons to enter the home without warning (once while I was showering, I woke to a snake under my bed and the walls and other areas full of nasty bedbugs that were there prior to my renting. I a...
Thomas Price
New to BP in State College, Pa
Good Morning All. My name is Thomas. I am a middle aged guy (not in crisis mode yet, but heard it involves a fancy sports car, he he) and I feel like my life really started 3 1/2 years ago when I met the most beautifu...
Ryan Pemberton
Has anyone heard of a 26% rule on making an offer?
Has anyone every heard of analyzing a rental property by taking 26% (or 74% of the monthly rent) off the monthly rent and multiplying by 60 months to come up with an offer price?Ex: $500/mo rent x 74%$370 x 60 = $22,...
Brandon Ho
Renting an extra bedroom in a home I'm living in
My parents bought a house for me, my girlfriend, and her sister to live in with 3 bed 2 bath. I put the 3rd room for rent for $850 and all utilities and services included. The house is $200k with 1619 sqft, built in 2...
Chi Ta
BRRRR - just a dream it seems, the limitations are real
I have to put it out there, let's say you get several BRRRR down and things goes great.1st BRRRR you manage to refi it into a owner occupied property.2nd BRRRR investment loan (now what type of loan are we talking abo...
William Reed
How to Use a Money Partner Without Being a Co-Borrower
BP,I am trying to finance a 4-unit deal using a money partner who will provide the down payment and closing costs for the purchase in return for 50% of the cash flow and 50% of the equity. I will secure the financing...
Erik Hitzelberger
Provide guidance or Caveat Emptor?
BP provides a platform for investors to share knowledge and to conduct deals. Many (especially newer) investors often ask for help in evaluating deals. My question is do you ever provide answers to the unasked quest...
Martin Alonso
Getting Started & Optimizing for Cash Flow
Hi all,I own a house in Austin TX but the local market has very low cap rates. I'm looking to buy my first multifamily home. I want to optimize for cash flow vs appreciation but would like to be able to drive to see t...
Matthew King
Advice for acceptance and holding fee- newbie question
I'm brand new to REI and being a landlord. This is my first time posting although I've been watching and listening to the podcasts for several months. I've been talking to friends in the business and reading a lot (...