Jessica Vollendorf
Insurance Policy on a LLC
I'm looking for some knowledge around insurance. I own a rental property and it is a LLC. The property has 2 different units on it. The main house and an accessory dwelling unit. Each unit is rented out to different t...
Samuel Liapis
What criteria for deals from Agents
Hello All!I am starting my BRRRR Strategy journey. I am wondering what criteria you have your agents send you when looking at deals.Purchase PriceCompsRental compsI am looking at out of state so I guess the more info ...
Jeremy H.
Bank Accounts - How do you organize them?
How do you all organize your rental property bank accounts?Bank Account per property? Pros: Would be very easy to see expenses/costs etc. Cons: Would end up with lots of Bank Accounts but still organize them all under...
Osama Mayassi
Incoming Recession Preparation
Hello everyone,In light of the coming recession that can happen within the next few years, how are you preparing? What strategies are you implementing to protect your investments?Should investors pump the breaks on bu...
Jorge Pena
Help with first time commercial property acquisition
Hello,
We have Auto Parts family business that we currently lease on the property it sits. We are looking into moving the business as soon as the lease ends. I came with the idea of maybe buying a property instead of...
Ralph Nacca
Came upon some cash: Pay off auto loans or HELOC?
I just came upon some cash and was wondering if it would be better to pay off my 2 auto loans ($55K @ 3.00%) to decrease my debt/income ratio and therefore allowing me to borrow more money. Or, take that $55K and p...
David Rutledge
Difference between land contract and owner financing
Hi Everyone,I have been searching for properties that come with seller/owner financing for a while now and I have just had an offer accepted on one. The property will be sold using a land contract.I am never purcahsed...
Rob Miles
Question About Podio
Hi,I mainly buy and hold in the Birmingham, AL area. I've been doing it for a year and started realizing I'm buying these houses for too much. Making money, but spending too much. There's no reason I can't buy them de...
Hamilton Borden
Insurance on Sub To
I bought a house sub too! Kudos to Pace and Bigger Pockets! The house was going into foreclosure. I caught the payments up and deeded the property into my name. So I am the current owner of the house and have made 2 p...
Robert Skula
Myrtle Beach STR Seeking Low Down Payment 2nd/DSCR/Investment Property
I have a current STR, put everything I had into the property. $11k Profit so far since Mid-May to July. Looking to buy another $225K Condo before January.
Annual Carry Cost is $21K (Mortgage/Taxes/HOA)
Put $18K do...