David C.
Refinance or Sell to put cash to work harder?
Hi BP brains,I'm 99% sure I want to release the equity in my condo i rent out to free-up cash to buy some turnkey SFHs or a MF. It used to be our home so fell into landlording. It's close by, we manage ourselves and t...
Patrick Gerrity
New to this, how do you think this looks?
Hi everyone! Looking for some advice here for a newbie. A property that I used to live in just went up for sale. Its 7 units, one block from the University. The area is the upper class section of the city. It is ...
Powell Chee
Turnkey & recommended cash reserves
Hello BP,I have a question. I am interested in purchasing a turnkey rental out of my market and I'm looking at providers in cashflowing markets. I wanted to know how much in a cash reserve is recommended on these ty...
Gary Parilis
Cash flow vs. extra cash out
I'm doing a bit of math on a potential deal, and the way it works out, I can potentially put in $80k (purchase for $60k, rehab for $15k, $5k refi closing costs), and increase the ARV to $120k. Thus, I could take $90k ...
Chris Redfield
When to begin owning properties under an LLC?
I'm currently at 5 doors and seeking to add another soon. These first 5 are currently owned by my wife and me, but want to evaluate the pros and cons For those that own properties under an LLC, do you have an insight ...
Kunal Lakhwani
Picking insurance from 2 options for my first rental property
I received 2 quotes for a 1929 built SFR in Indianapolis IN. It is a 1100 sq ft 3 bed 1.5 bath with detached garage, backyard, and an unfinished basement.The difference in the premium for both options is significant, ...
Grayson Wright
Land Instalment Contract
Through a Land Instalment contract, took over payments of a house in MD in 2019. Currently, $260,000 are still owed on the mortgage. ...
Brandi Bryan
Mobile home investment
Hi y'all! I want and need YOUR opinion. There is a mobile home across the road from my mom, has been sitting empty for about a year now, the people that own it lived there for a long time and own free and clear. I he...
Jose Castillo
Subject to
Can someone please explain what's a subject to and when would it be a good time to use it. Should I focus on this strategy as a new investor?
Albert Ng
San Jose area - Sell or keep rental property?
Put my house up for rent, and have so far 5 potential tenants telling me that their landlord is taking the house back to sale. Am I missing something? Is it a good idea to sell now for a nice capital gain?The house's ...