Brian W.
Is my short-term plan good, bad, or crazy?
I am looking for my first deal on a single-family home to rent out and personally manage. I am planning on putting 30% down on a home around $100,000 - $110,000 with a 10-year mortgage that I can rent out for about $...
Neil Hauger
To pay off or not to pay off?
Ok, I have an 87K mortgage on a vacation property I currently rent. I just started renting it last year and grossed about 4500 in total rent. I think I will double that this year at the pace it is renting.
...
Bryan Hancock
What Do You Look For When Vetting a Crowdfunded Deal?
I have been asked to write a bylined article in Commercial Property Executive maganize. The topic of the article is around how to vet crowdfunded deals. I have a number of ideas about what to write about, but I figu...
David Leggett
Cleveland and the 1% Rule
I just wrote an in-depth blog about the 1% Rule and the Cleveland Market and I was curious to get some feedback on whether investors still stick to the 1% Rule or if it's an outdated investing metric. There are a lot...
Brooke T.
How to Structure a Note for Highest Resale value
Hello BP! So this is the short version, I purchased a property at a sheriff auction a week ago due to a HOA lien, which was in second place to a very small first mortgage in good standing. Through all my due diligence...
Samantha Klein
Would you try flipping or buy a 4 plex?
I'm posting because I am stuck, I don't know which direction I want to go. I will have a decent amount of money early next year from a cash out refi and I wanted to buy a 4 plex or two and start earning rental income ...
Kristi Bass
Owner financing 1st time, is it worth it??!!
I have a property that I bought at a huge discount 2 years ago. It's paid for. I have rehabbed it and completely gutted it and created a really cool 3/1. I have a couple who wants to have me owner finance it. I have ...
Tosin Oluwatoye
Switching utility bills to tenant upon new purchase.
I am currently considering a 10 unit (5 duplexes) purchase where the current landlord is responsible for all utility bills and does not have a cap on usage written into any of the leases. Fortunately all 10 units hav...
Jose Pena
Structure a business
Hey BP members,
I have been researching on how to structure the start of my rental empire. I hear a lot of everything...one LLC for each property...one LLC for all my properties...different tax strategies...
My quest...
Norman Wright Jr.
Storage Units: What Should We Consider Before Buying?
We are thinking about purchasing storage units. What are the main considerations we should focus on before making a purchase? i.e. location, number of units, local income levels, etc.