Eric Boakye
How do you define cash flow? Rent less PIMI or Rent less PIMI &?
How do you define cash flow? Rent less PIMI, OR, Rent less PIMI and what else. Trying to make sure I do future deals right. Any views will be appreciated.
Cole Farrell
Residential Loan Vs Commercial Loan
Hello, I am about to purchase my first investment property but I am slightly wary on which loan I should use. My plan is to acquire an empire as I am sure is many others. Having this goal in mind, I created an LLC and...
Amanda Lindsay
Need creative ideas for a loan
Hello, I recently started a property management company and currently manage around 80 properties. I also have a rental property that is paid off and in my name. I would like some capital to fund my bank account and p...
Kyle Rhine
Should I put my rental in an LLC before or after opening a HELOC?
So we have one rental property that is 100% paid off and cash flowing each month. The property has a long-term tenant that is very easy to work with. The property is currently NOT in an LLC, but I've had thoughts abou...
Andrew Taylor
Deal Advice: Attempt #2
Okay, apparently my first post was disqualified for some reason. Not sure why - can't get anyone at BP to answer my question. I'm reposting below, removing the links from the original. That's the only thing I can thin...
Jamey Newman
Florida investing
I'm a new investor and I'm actually looking to relocate to the central Florida area soon, but I'm hearing a lot of negative things about super high insurances (flood insurance and sinkholes). I know that Florida insur...
Gaurav Mehta
Buying a property in a potential flooding zone
Hi,I came across a property that is in a potential flooding zone. My realtor outright rejected the idea saying it will be a tear down and will cost an additional 300K.Is it really not worth pursuing the property given...
Megan Arzt
LIRP in lieu of ROTH...
I have done some initial research and found this a rather controversial subject but here goes...I am currently a pass through entity and file as such. This means that all of my income is passive and that I can't contr...
John Shortridge
Title costs
So I was on the phone with my closing agent to discuss how soon we can close a REO I'm buying. She asked me, "Who is paying title." This brought up a serious of questions in my head."Does she mean title insurance? Tit...
Cheyenne Davis
Probate purchase with title error - need advice
Scenario: we purchased two properties from the same seller on the same day. Houses went through probate already. We closed with title agency and got title insurance. We're now reselling one of the houses and have foun...