William Mccurdy
Depreciation method preference
MARCS or straight line depreciation. So as I understand it if I use MARCS I will be on the hook for more in taxes when I sell the property vs straight line depreciation. Still with that in mind what is the preferred d...
Anran Wang
Rent collection method
Good morning everyone,I am struggling to find a good way to let my tenant pay his rent. It's a single family house with a tenant who doesn't have a bank account, doesn't use smart phone nor computers. What are my opti...
Jonathan Edmund
BRRRR Method Confusion!
So I have lined up a home that I was originally going to flip but I think may be better for the BRRRR Method. Or at least I thought so.The homes ARV is roughly $250,000 but I can get it for $170,000. It needs $37,000 ...
AJ Owen
Refinancing - BRRRR METHOD
Hi, the last post I could find on this topic is from about 5 years ago, so here we go...We bought our first property on September, completed the rehab in October and our first tenant is moving in next Monday in a 12-m...
Angeline Walker
BRRRR method question
my husband and i have completed the the 1st 3 of the B(uy). R(ehab). R(ent) and we are stuck at the R(efinance) part and we are looking for some extra help while we continue to search and read about refinancing a prop...
Daniel Mendez
BRRRR Method: Refinance
Hey BP,I am embarrassed to say this but I still can’t grasp how the whole refinance step works within the BRRRR method.So from my understanding is say I purchase a single family home for $100,000. My mortgage will be ...
Chris Yeakel
Quick Valuation Methods
Chris Yeakel here - I’m in the beginning stages of real estate investing and targeting multi-family commercial with my wife (currently a property manager) and my dad (commercial real estate investor/manager).
I’m se...
Dat Lambert
BRRRR Method Beginner
Hello all,When doing the BRRRR method with hard money lenders as financing, I am aware that they typically require an LLC. How will the refinance process of BRRRR work in this scenario? I am aware of commercial/portfo...
Terry Beall
Creative Finanncing Methods
Hi to everyone, been absent for awhile, but still networking. I just wanted to say I am learning everyday. I have joined Pace Morby's creative financing mentorship and he has not let anybody down in that sphere! I ...
Khaled El Dorry
Asset protection methods
Good day BP - how have most of you gone about legally protecting your assets from lawsuits and liabilities? My research lead me to trusts/LLC combos in Nevada as the “standard” way but before I plunge in I would like...