Ryan Hoover
Long Term Rental Renovated to add $500 cash flow
I purchased this Cave Creek, AZ property in May of 2019 for $280,000. There was a tenant in-place paying $1475 a month which was a little better than a break even deal with the cash flow being about $100 a month. Th...
Irina Badal
Home equity loan vs cash for down payment
Hi. I’m new to BP. I would like to buy my first investment home. I have built enough equity in my primary home. I have cash too. What would you advise to do to pull some equity to pay for down payment and invest cash ...
Stefani Mokris
Financing a property with a LLC
Hello!I would like to know if I want to finance a property using a new LLC, are DSCR loans my only choice for financing?Thank you!
Edmund Li
Capex reserve for cheaper props
I am a newbie investor looking to get my hands dirty with my first purchase. I have been in search for my first rental property for a while, and I haven't pulled my trigger because I couldn't get the math right.I've f...
Bill Muchow
Our Story-Rough start, an Awakening, a Rental and a Flip ($+pics)
Our start wasn’t easy, fell into our first rental – it was a failure…however the learning experience helped get us to where we are today. Reflecting, we’re very thankful for the learning experience (and work to never ...
William S.
Wauwatosa School Tax Increase
Curious how other investors are going to handle this significant tax increase. $188 more a year per $100,000 of home value. This is going to put my duplex close to an increase of $600/yr. This is in addition to the co...
Florent Breton
Refinance cash out: impacts on CoC and IRR
Hey BBPersI am 9 months into the renovation of a multifamily building. I have invested significantly on capital improvement and hope to recoup some of that investment when I refinance later next year. I have then few ...
Jameson Waltz
Step 2 Troubles in getting my next rental property
Feeling a bit lost. I bought my first rental property (with a mortgage) almost 2 years ago. I profit about 135/mo. So not much. I don't know how to get property number 2. My market is now officially too expenisve to b...
Ryan Boutin
70% ARV - What do you do?
I have read that flippers tend to sit around the 70% mark for buying vs ARV for flipping properties. Is this what most use as a number? What do you use for a percentage?
Patrick Zepeda
Estimating rehab costs before or after inspections?
Hi all! I am having a hard time understanding the timing of the estimation of rehab costs. I thought you first estimated on a PSF basis how much the rehab would cost to come to a purchase price (PP+Rehab=70% of ARV), ...