Dennis O'Loughlin
Taxes and Refinancing with BRRR
2 questions about BRRR. When you use the BRRR method, since you are not doing upgrades but rather repairs, you can either deduct or depreciate all the work you do or hire out right?Second question. After you Rent an...
Albert Yamoah
Wholesaling and the nonrefundable deposits
Concerning wholesaling and the nonrefundable deposit:1.) Why do wholesalers implement these (especially if the deal is a legitimate deal)?2.) How can a new real estate investor convince a wholesaler that a nonrefundab...
Justin Thind
Starting out, gravitating towards traditional methods (SFH LTR)
Hi everyone, just joined the community here. Looking to get started in real estate investing asap. Began the process last month and have been analyzing deals and even put in an offer today. Still, I'm not entirely con...
Account Closed
50% Rule and Analysis
Hey everyone,I am a new investor set to buy my first home. I have my team assembled, down payment ready, and am now looking for a deal. I'm mainly looking for 3 bed/1 bath houses around the $40-60k with little rehab n...
Curtis H.
Is this a good loan for excellent credit?
Hello BP family, I'll be quick, just checking to see if this loan is decent or not...Property type - InvestmentAmount - $165KDown Payment - 20%Credit - 760 and aboveRate - 5.375% (30 yr fixed)Origination Charges - $22...
Douglas Johnson
House Hacking with large negative cashflow, can it make sense?
Hi all, I am a resident of Salt Lake City and I am going through major listing sites trying to analyze deals while I save up and increase my earning potential in order to invest in real estate in a few years. In my re...
Tae Kim
Investing from Australia, BRRRR!
Hi everyone.I am a beginner investor from Sydney Australia.My plan is to set up a LLC and BRRRR in Michigan, Northern Ohio and Western New York ; Lake Erie surroundings :)I'm looking for anyone I can take this journey...
Miguel Hernandez
Should I start as an agent?
Hi BP members. Currently I work a Blue Collard job that I can’t leave just yet. I currently fix and hold properties in Wisconsin, but I want to start real estate here in California. I currently live in the OC. I fell ...
Jennie Berger
So, You Wanna Be A Wholesaler?
WHOLESALERS, EVER WONDER WHY IT’S SO HARD TO CONNECT WITH INVESTORS AND CASH BUYERS TO ACTUALLY CLOSE A DEAL? YOU MIGHT THINK WE ALL SUCK, AND NO DOUBT, SOME DO. BUT FOR THOSE OF US WHO ARE NICE PEOPLE AND GENUINELY W...
Glen Wiley
mange yourself or use a PM
I see a lot of talk about the importance of hiring a property manager (PM) rather than self managing. For 20 years I have managed my own properties so I wanted to offer some thoughts on the advantages of self managing...