Ryan Lowe
LLC vs Trust
NYC based individual looking to invest in out of state real estate properties. What is the best method for purchasing? Setting up a LLC or Trust? Trust with LLC subsidiaries? One LLC or one for each property. Plan on ...
Bob McIntosh
ACH Rent payments
I have been debating about offering the tenants of the building I am purchasing (2 units) the option of having me automatically ACH Debit the rent out of their accounts. Has anyone used this method? Any thoughts on ...
Edgar Bustos
A good investment deal for a Newbie?
hey BP I found a deal that consists of 2 units property , one unit 3/1 and 2/1, I use the four square method for analyzing rental properties, the 2 homes are rented and collected $1550a month, with a $1319 total mont...
Sunil Hathiramani
Appraising ADU’s in California
Hello BP I wanted to ask if anyone has had any experience with what meathod appraiser's use after building an ADU? I currently am completing a garage conversion and another Junior ADU that will add 1278 sqft between ...
Justin Cooke
Double Declining Balance Depreciation on New Construction
Tax experts please help...I'm reading the book, Principles of Real Estate Syndication by Samuel Freshman.From book "There are certain tax advantages allowable with respect to new construction of residential income pro...
Alexander Straffin
Taking the next step - Second Home/Mortgage Financing
Hi All,I have a single mortgage on a townhouse which is my primary residence.My wife and I are ready to purchase a Single Family investment property in Massachusetts but our bank is telling us we need to have 25-30% d...
Derrek J Hooyman
What are the best ways to get estimates on contractors before buying a property?
I just started using the BRRR method. I bought a side by side that needed a little work. I was not as familiar then with the idea of BRRing it. However, the bathrooms were outdated. Thus I will cash out refi after ...
Frank Costa
HELOC and the BRRRR method
Is a HELOC a viable option to buy a SFH with the intent of using the BRRRR method? Unfortunately ready cash is not available but I have plenty of equity in my primary residence. That said my HELOC limit would enable m...
Chris Kendrick
Cash out refi
With new seasonal period of 12 months for cash out refi on brrrr , only option is a dscr loan for around 7.5% at 6 months, my question is that if the property is paid off with no mortgage, do I still have to wait a y...
Adrian Beltran
Best BRRRR Method for beginners?
I am a new investor who is in the education and raising capital phase. I have a question about the BRRRR method. Does it make sense to buy a property with a loan and then rehab it and then refi it after the rehab or i...