Andy Thoman
Help understanding leveraging debt
So I don't really understand the whole Refi and HELOC situation... I have a few questions.What are interest rates usually like compared to traditional residential mortgages?What is the difference between refi and helo...
Kevin Alvarado
What do investors do when they have multiple properties? Multiple LLCs?
What do investors do when they have multiple properties? For example, 15 different properties for rentals. Do they just create 15 different LLCs? For fix and flip, that would be a separate LLC too? Any clarification w...
Joe Splitrock
Foreclosure Crisis Won't Be A Buying Opportunity
I have been saying for a while that I don't foresee the mortgage forbearance and foreclosure moratorium turning into a foreclosure crisis. There are three reasons:
1. Some people have the money ,but took forbearance ...
John Hodges
Sold my company
Hello all,I recently sold an online company I started 8+ years ago. After taxes I am ending up with roughly ~$6m. I am looking to purchase in cash initially and then refinance. I've been looking at multifamily buildin...
Navid Sadighi
How should I continue to grow my dad’s portfolio?
Hi guys,I need some advice from the pros on if and how I should try to grow my parents real estate portfolio. My dad invested in some real estate 10-15 years ago. He has 6 investment properties and his primary home. H...
Derek Buescher
Multifamily Expenses
I am looking to start investing in multifamily properties. I have set up my proforma spreadsheet and I am pretty sure the calculations are correct. When I evaluate properties what are all the expenses associated wit...
Steven Cowles
Self storage deal analyzation- yet again asking for help
So I am analyzing my first deal and trying to come up with a good value for the property. Please help! Asking price: $210,00066 storage units 100% occupied currently Generating $3,300 a month grossTaxes: $4500 per yea...
Tom V.
Tenants interested, smartmove not helpful. What would you do?
I have a couple interested in a unit. They did a smartmove credit check, and both came back with "Not enough info".They make well in excess of the rent, about 5 times. Verified income.But there's no credit cards, no l...
Andrew Rascoll
Fair Return to Investor for Financing House Flip
Hi BP Community,I am new to REI and currently have 1 STR.A friend of mine started flipping houses a couple years ago with 2 friends of his through a company they started (which, after speaking with him got me interest...
Michael David
New to BP we're in Houston, TX - Buy and Hold, Handyman
Hello All,
Sitting in my cubicle and looking for a way out...Wondering what the best path is for taking that first leap. I estimate 10 buy and hold properties that average a net $200 a month would be just eno...