James Bartlett
Does timing of Transfer of Title/Ownership matter?
Hey everyone, I will try keep this short and to the point. I'm looking to buy one of the properties I manage. This is a 4 unit building. Rough numbers (still negotiating) 500k sale price. 100k down. 3 year balloon. We...
Ryan Dalton
What Would You Do?
Hey all,New to BP! I made an introduction post but I didn't want to get too deep into the advice there. I was hoping to do it here, in the proper section. I was hoping to get some advice on how to structure the fut...
Colton Joseph
How hard is it to get financing on SFR rental property
Good Evening everyone!I am looking for some advice/opinions on a build I am about to do, and greatly value any input from those of you with more knowledge on the subject than I!I typically buy and sell property to mak...
German Buendia
Is this even a sound business plan or proposition?
I am soon moving to Tampa and want to start what I want to make my REI career there. I have been looking for deals on-line, dealt with several RE agents who after a while give up helping me.I read articles about crea...
James Park
Cities with the Best Cap Rates vs the Worst Cap Rates
Below is a chart of the cities with the best CAP rates vs the worst CAP rates.
Thea Linkfield
Switch Property to LLC for tax purposes?
Hi all! I have a property I bought through the Duval County Foreclosure website with cash. I am working with 2 people on fixing it up and flipping it. The property is in my name. We are going to split the profit evenl...
Edward Barreto
Getting Started, 0 experience
Hey everyone in the BP community, First and foremost I want to start by saying I have zero experience in real estate or any form of business ventures. I do however have an increasingly growing interest in it. Finally ...
Account Closed
Rent-Refinance portion of BRRRR
Hey guys, Just wanted some clarification on how this section works. Lets say, using hard money, I purchase a property at auction for $35,000 that requires another $35,000 in repairs (included in the hard money loan). ...
Rick M.
More than one LLC or is one enough?!?!
I found a multi-family property on the seacoast that I would like to buy. Let’s not put the cart before the horse, I want to have it under a business LLC. I was wondering with each property that you own do you have it...
Andrew Lee
Strategy Analysis - New Investor
Currently looking at the following scenario within the next 12 months. Any/all feedback, advice, help will be greatly appreciated!
Sell primary SFR which I pay $4,500/mo (PITI). Move into rental with a monthly budget...