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Hey BP family!
I had a lot of interest in hearing my story over on the Real Estate Rookie Facebook page regarding my first eviction experience. I know there's a lot of buy-and-hold investors and property managers on...
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If you started fresh and had $100k to spend, what would you do and why?1) Use it to purchase primary home, keep for 5+ years and then do a cashout refior2) Go straight to buying rentals that may or may not cashflow no...
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Week 1: I am buying 20+ houses in several suburbs in Chicagoland. Due to the fact that this is a LIVE deal, I cannot disclose all the details in a public forum. I will disclose what will be helpful to BP Nation specia...
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Looking at this property in Riverside and here is my analysis. 8377 Cypress Av Riverside 92503Lets say I purchase 400,000 The actual rent on it right now is: 550 + 1100 + 750 = 2400Expenses (monthly)Repairs: 50Taxes 3...
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I am looking for a cost-effective, easy accounting system that is user friendly for landlords or anyone with a very small rental business. I currently have been using the pro version of quickbooks online because it a...
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I have been seeing this a lot, which is described in the title(with plans of buying and renting. they are usually 2 - 4 unit properties). A typical scenario may go like this: I come across one for sale and the owner s...
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Hi! My husband and I are looking to make our first investment purchase-a modest house for long term rental. Now that Fannie Mae and Freddie Mac no longer allow a mortgage on a purchase within an LLC, how can we get a ...
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I just bought an investment property in Phoenix with the plan of BRRR. It’s fixed up, am looking for a local lender who could refinance it based on Appraised value without seasoning period, instead of Purchase price.M...
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We JUST finished a BRRR and are ready to refinance out of hard money, and then COVID happened and now the product we were using is no longer available. Credit is around 640, plenty of income to support the refinance b...
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Hi all! I am thinking of borrowing against my investment account to purchase a rental outright. I would be able to get a better deal with an offer being submitted as an all cash offer. I plan to fix it up and then ...