Ryan D
Truth in Equity - HELOCs
Does anyone have experience using a HELOC to pay off a mortgage early? I just bought my first property and had never heard of such a concept until I was recently listening to the Real Estate Guys Podcast. I've been li...
Adam Craig
Why BP so negative on property management?
I commented before on my situation, but just a quick recap so you know where I am coming from. I am self employed via eCommerce and my business bring me about 15K/ month profit and rising - leading me to want to inves...
Mariah Myers
Expectations for Destin STR reservations pick-up
Good morning, everyone. :-)
I invested in my first short term rental in Destin last august. While I know that I closed on the purchase just before the down season, I am wondering when bookings start to pick up for ...
Kyle K.
EIULs-- Equity Indexed Universal Life Insurance
I've heard some intriguing things about EIULs which are basically investment grade life insurance policies that can build up cash value for tax free use later in life.
Does anyone on here have an EIUL policy? If so, ...
Robert Quiroz
Why are a lot of MFH being sold with rents under market
I've underwritten around 30 deals so far, mostly in the Ohio market. I'd say that 85% of them have rents that are 10-15% under market. If the way to increase the selling value of a MFH is to increase NOI by increasi...
David T coello
Frustrate with contractors
One of the biggest obstacle in this field has to be the lack of professionalism and work ethics from contractors. I feel that we constantly have to baby sit them and tell them how to do their job the right way, and on...
Landon Rasmussen
Self managed landlords, do you give tenants your cell?
I'm in the process of closing on my first property. I plan to be self managed. It's a 3 unit that is currently fully occupied. All tenants are on month to month agreements which means that it's possible for me to need...
Richard Rohrbough
Monthly mortgage is greater than rent - What to do?
Hello BP friends. I need your help on what to do with my rental.My monthly mortgage payment is greater than the rent I can get by $150 and the 2023 taxes are going up another $150/month.I’m sure this is a common issue...
Matt Horton
401k
Hello Iam trying to figure out away for my mother to use her 401k to invest into my llc to flip houses. Does anyone have any ideas? Thanks
Justin Johnson
My First Rental Property Freak Out
Is it normal to start freaking out after you purchase your first rental property? I know I am seriously freaking out. I hope that it's just the jitters from all of the new things going on. This is the first propert...