Brad Fausett
Buying a home with Cash, what now?
So I found that it is going to be advantageous to me to purchase one of my new properties in cash, I am going to take a mortgage out in a few weeks later after some updates are completed to leverage the banks and keep...
Eran Withana
Finding a CPA for REI
I listened to Amanda Han in BP podcast and also read "Tax Free Wealth" by Tom Wheelwright. I just signed contracts for my first two rental properties in OK and LA. I also have W-2 income. I was trying to find a CPA an...
Jared McCool
The Offer - Understanding the Numbers
Hey all, Looking for some help. This is my first property, and i am having a hard time understanding the numbers. Reo for 218kI want to offer 170k, this is a 203k with estimated 50k in repairs. i am asking seller (ba...
Ali Jamal
Start A Vacation Rental Business Without Owning Any Real Estate
Too often, I see individuals who want to become real estate investors but don't bother taking that first step because they don't have the savings for a house down payment and/or have no credit. What many don't know is...
Jessica G.
Head spinning after home inspection
Note: I'm very new at this. I've been renting out my former residence for three years, but this would be my first house purchase specifically as an investment.
I'm in the middle of acquiring a sub2 (taking ...
David Graham
Rental Properties & Breaking Even
Hi,I am new to real estate, reading what I can, watching BP webinars, etc. I have yet to decide on the route of REI I want to take, but I'm positive it will be in the residential rental market.I am having trouble gras...
Jeremy England
buying costs excessive?
I'm calculating costs on a potential deal and got a loan estimate from a conventional lender. It seems the buying costs are way excessive to me. What do you think?loan amount: 80000Origination charges:3pct points: 2...
Matyas Sustik
Sweat equity taxation
I hoped some experinced members could point me to the right resources on the following situation.Assume you syndicate a deal and as part compensation for putting the deal deal together, for finding the right property ...
Shane Welch
First Rental Rehab Project
I just purchased my first duplex. It's current market value is $875 each side. I would like to force appreciate it to $1,000. What should I focus and NOT focus on?Carpet or Laminate Planks?Repaint or Replace Kitche...
Grant Mitchell
Done with the B-R-R....now how do I refinance?
Hello All,
Closed on my first property back in February. Now have actual tenants moving in a few weeks from now. I’m attempting the BRRRR strategy but I’m not sure how to go about refinancing my initial loan. I have...