Havan Surat
BRRRR Purchase formula???
Hello,I am new to BRRRR investment strategy and would like to explore and do some deals next year to add more units to my portfolio. I am wondering whether purchasing off-market deal with '70% minus repair costs' is g...
Romain Nguyen
Looking for umbrella insurance recommendations
Hi all,
I'd be interested if some of you can share recommendation of good umbrella insurance companies that you're using, and am also interested in insights regarding the coverage that you selected. I understand tha...
Joseph Gambino
Got my first tenants and four days in...
So I have a cottage I was looking to lease and ended up putting two guys in it who are friends. Guy #1 moves in and shows his dad from out of town where he‘ll be living who is in town for Labor Day weekend and to clea...
Marc Heflin
tax question
I am using quicken for real estate to handle all my finances. I am buying my first property, and am trying to categorize all the expenses. So here is how I understand it.
The down payment can not be written off.
All o...
Jon Dang
Buying a quadplex with an old HVAC system? Homewarranty? Advice
Hello BP Family,I have found this quadplex that looks like a great deal. This will be my first deal that I plan to house hack and acquire via FHA. Numbers work out at ~$600/month in cash flow after all expenses. Savi...
Mary Jay
Leak-file a claim with insurance?
Hi guys,I got a leak in the kitchen. What does insurance usually pay for?I dont want to file a claim if thats something that insurances normally dont pay for...The leak is in the kitchen, its pipe that connects my re...
Kelly P.
Seller financing down payment - deal term ideas
How do I structure the offer asking seller to finance the down payment? I qualified for a mortgage (excellent credit; solid W2 income), but don't want to use my own money for down on 2nd home. Seller has $175K mortg...
Joshua S.
Becoming a Real Estate Agent in Virginia (Costs Included)
This is my personal experience with becoming a real estate agent in Virginia and all of the costs involved. I am writing this post just to clarify things for anyone interested in becoming a real estate agent so that ...
Oceana Woodland
Thoughts on BuyBoxCartel (Hold my Hand Wholesale)
Good or Bad? My partner is fascinated with the platform Hold My Hand Wholesale and Buy Box Cartel. I am not sold that it is as easy as claims and just another young social media guru taking advantage and that doing th...
Morgan Hill
Finally ready to make an offer?
1 rental per kid. That's my goal and i'm behind. I have 50K at my disposal. I live in Nor Cal but California seems utterly hopeless for my price range and cash flow ambitions. Texas or Ohio seem promising. Ideal f...