Jessica Roman
BRRR TECHNIQUE?
I was learning about the BRRRR technique and I had a question based on the R for refinancing. I was wondering if after refinancing the property, would the monthly mortgage increase?
William J Stratton Jr.
Purchase price of a multifamily
I have a triplex. It is appraising at $120,000. How much should I try and purchase it for? I have heard to try and purchase the property for 10% less than what it is worth.
Jonathan Frausto
Subject To Questions to Bank
Hey BP Fam
Currently under contract to purchase a single family via subject to
What Id like help on is, is there any specific questions I should be asking the bank once I have Authorization to Release form complet...
Matthew Mendenhall
Book recommendations for new Commercial Real Estate Broker?
I'm looking to become a commercial real estate broker specializing in Industrial and Office, and am in need of some books that most comprehensively outline the life cycle of a commercial real estate deal. I've found o...
Robert Calabro
Use cash on cash return over the "1% rule"
I've had several conversations recently with new investor clients trying to buy their first rental, and the first question most people ask is "how do I know if it will make a good investment?" My go-to calculation for...
Travis Washington
50% Rule Cash Flow Guideline
Hello BP!So, what is your Cash Flow number you like to see after applying the 50% rule (and subtracting mortgage payments) to motivate you to move forward or lock down a deal?IE: a place renting at $800 with a mortgag...
Mike Carr
triplex underwriting and JV questions
I need some help overlooking the #'s before I present this to a potential JV partner. I have been marketing to small multi-family properties in my market (Delaware) and have wholesaled two so far. Id rather be buying ...
Don Konipol
Why I Believe Striving to Build Passive Income is Overrated
Why I Believe Striving to Build Passive Income is OverratedThis may seem like a disingenuous statement coming from a passive income guy, BUT, I believe that those looking to build sustainable look term wealth would be...
MV Reddy
Tax assessment impact - Planning to buy a rehabbed MFH
Hi,I'm planning to buy a property that has been rehabbed couple of years back. Here is the scenario -1. The property was initially purchased at $200K back in 2008. The property taxes at that point were around $3000.2...
Tristan Reyes
Advise on getting Private Investor
Our LLC is working to acquire a multi-use resort out of WA state. Recommendations on how to structure deals for Commercial Properties and make it enticing to investors are appreciated.