Shilpa Matlock
1% Rule Properties are not Cashflowing
Hi All, I'm running my numbers and could use any tips. Is it possible to find properties that meet the 1% rule, but are still not cashflowing? I'm looking at deals (2-4 units), many of which seem to meet the 1% rule ...
Karin Crompton
How far does "We don't know nuthin' " - i.e. As-Is, Where-Is, No Disclosures - extend?
I realize this may vary by state and by entity, and that in the end it's probably a question for an attorney. Still, I'm interested in hearing some BP members' thoughts.
We had an offer accepted on a bank-own...
Heath Jones
Should I fire my CPA?
QUESTION: Is $2684.25 a reasonable price for CPA to file personal Federal and State tax returns which included 3 sole-member LLCs, all used for operating multifamily REI properties?BACKGROUND: Last year, my wife and I...
Natalia V.
Orange beach new construction house for str
Greetings, we are beginners with str investing, went under contract for a new construction house, 3/3.5, 2000 sq ft, across the street from the beach, good area with many restaurants and entertainment. Having cold fee...
Yannick Vez
Hi new hands-off investor
Hi-I have money to invest;-I invest longterm in the stock market, REITS and I'm looking to diversify;-Interested in real estate investing that is passive and remote/long distance;-I live in Dominican Republic but I tr...
Nick Vought
Multi-Family Refinancing/Strategy Question
Hey everyone,I bought my first property a four-plex in March, and I am trying to figure out the best strategy for my next step and how to get ready for it when that oppurtunity comes. I got an FHA loan for the propert...
Issac Harris
Best locations for STR/vacation rental
I'm looking to purchase a STR but I'm having a hard time deciding on a location. Is it best to pick the location based on ROI, or is there other important factors that a newbie may overlook? I know some state and loca...
Brian J Allen
Fannie Mae 5% Down Multifamily Loan: A Double-Edged Sword
In November 2023, Fannie Mae introduced a new policy allowing owner-occupant loans on 2-4 family homes with just 5% down, a significant change from the previous requirement of a minimum 15% down payment. One might thi...
Kyle B.
Splitting Profits with Partner on Rehab
I have a financing partner for potential rehabs I plan on doing and wanted to get BP's input on how to structure the profit split of these deals.
Some background information - I will be doing all the work from start...
Robert Fry
Buying partial notes
Reading through this site has opened my eyes to problems I never thought of. I usually stick to local rental properties. While trying to find a new investment for some cash I needed to put to work, a friend recommende...