Taylor Kendrick
A question about "appurtenances"
Hi there,I came across a section on appurtenances in my RE course and wanted to explore a hypothetical. First, here's an example of subsurface rights as an appurtenance (from the course):ExampleAn oil company buys the...
Scott Dorn
Rental Property Calculator (Analysis Over Time Section)
I am referring to the rental property calculator final report page 2 on the "Analysis Over Time" section. I just used the calculator for the first time and was wondering if anyone had feedback on the following: Can a...
Steve Fitzgerald
Did your umbrella policy not cover a lawsuit?
There’s a lot of debate about setting up an LLC or just getting a big enough umbrella policy. I’m curious if anyone who has just an umbrella policy has been successfully sued where the umbrella policy wouldn’t cover t...
David A Love
Estimating Rehab Costs Knoxville Tennessee
Estimating Rehab Costs in Knoxville TennesseeWhat's the rule of thumb price for rehab costs per square foot you might be using? Example: $15/sqft? For light cosmetic work - $30/sqft for full gut job?Let me know in the...
Alanya Boyer
Using Private Money
I don't have any private lenders yet, but I'm hoping some of you can share your experiences with me. Can anyone provide me some examples of how you might structure terms for a lender for different deals/exit strate...
Tiberiu Gurau
Putting a contract on a BRRRR?
So I'm listening to BP Podcast 327 and Brandon gives an example of someone putting $20k down on a $100k house and him putting it under contract for $50k and investing $30k of work into it. Why and how can you put it ...
Jonas Törnqvist
How much of OPM should you use for downpayment?
I've searched everywhere for this answer but I can't find it. I know that you get greater returns on your investment if you find a good deal and use OPM as down payment, but does this mean I should 100% use OPM or is ...
Logan Vierstra
Interest vs Principal. How to negotiate seller carry?
I have a question regarding podcast 334. In there Brandon and Dave talk to Ben Lapidus about different negotiation tactics when talking to sellers about seller carry. In his metaphorical example he proposes to pay the...
Daniella Steinberg
Calculations when using LOC
Hi - I was wondering how to adjust my calculations when using an interest only loan or a revolving LOC for a buy and hold property. I know I can update the loan cost to just show interest, but it seems like that still...
Reggie Burnett
Rehab room calculations?
I'm trying to come up with some simple per square foot room calculations for rehab. For example it seems like sq footage divided by 10 gives a good estimate for number of 12 foot drywall boards needed for walls and c...