Hay BP, I need some advice.
I closed on my first SFR in January this year, I should be completing repairs by the end of this month... might be mid next month. The question I have is this. Should I rent it or sell i...

I’m starting to understand why BRRRR is so valuable however I am confused on why you can’t borrow against you investment the same way in a “traditional” investment as you would the BRRRR method. For example: traditona...

Hey everyone, A tenant in one of my properties wants to open a daycare in a rental i own in Garland, TX. Has anyone ever done this? What do I need to protect myself from liability? I assume I should make her incorpora...

I'm underwriting a deal right now, trying to determine a generic rule of thumb people use for expenses. The deal includes: - Four 4-plex's totaling 16 units- 100% occupied (although I like running my numbers at 89%)- ...

Hello BP!

I'm Melvin Yuen and I'm going to copy and paste most of the information I put into my profile.

Educated in finance and accounting; working experience in Accounting and General Construction...

Ok, so I have put in a contract on a 4-unit all with 2 bedrooms and 1 bath in Washington, d.c. and I am very excited. There are currently two tenants in the building and I am requesting the rent roll from the last twe...

My wife and I purchased our first rental property in August of 2018 and have just listed it for rent. We learned a lot of lessons, and learned them the hard way. The numbers below aren't super impressive, but I'm very...

Hello everyone.

My wife and I have just formed a 2 member LLC. It is our intention to buy residential single family homes as investment properties to generate cash flow.

It is my intent to use my home which is comp...

I know that Frank & Dave suggest selling ancillary assets when you are in the mobile home park business. My question is- what if the park contains ancillary structures that are mixed in with the mobile homes and c...

Hi there!
We currently own 3 single family rentals. Originally our goal was long term hold and retirement. However, I have changed strategies and am now looking for near term passive income and financial freedom.
I...