Howdy y'all!First - this is my first post. Yikes! Josh would be more ashamed of me than he is of Brandon when he says " ... really? ... " Second - The BRRRR and Rental Property Calculator are awesome. Well done, BP Te...
I invest in Indianapolis, and I am closing on 2 more rentals in the next couple of weeks. I have been working with a great lender and I have been able to lock in low 30-year rates, which is definitely a great thing as...
Hello,Was wondering if there is a better option for purchasing a free and clear property from a seller. He is suggesting a land contract. I pay taxes and insurance and he holds the deed. Balloon payment in 5 years. 4....
I'm currently in the Dallas - Ft. Worth market - I haven't been investing long (since 2009), but recently I've been turning my rentals into paper via seller financing. Many of these properties have mortgages with less...
So I was wondering how appreciation investors satisfy the debt coverage ratio? I keep seeing that banks require a 1.2-1.3 ratio. I know that a lot of appreciation plays barely break even on cashflow or are sometimes...
Hello, and thank you in advance for reading this! I am a dentist, looking to get into self-storage as an owner/operator. I own two dental offices, so I have business experience, but no self storage experience. My g...
People frequently ask me why I don't invest in deals in New York, even though we're based here. The reason is simple: it's too hard to make money for your investors in New York. That's a huge reason why we invest i...
I'm kind of thinking out loud on this post, and have shared it with some people in real life, but none with real estate experience.
My duplex was supposed to close on the 9th, but as of this morning, is still...
Seeking some clarity.... If I have an AGI over $150K (lets say 39.6% tax bracket) and I own a rental property with figures as follows:- Annual Rental Income: $40K- Annual Operating Expenses/Mortgage Interest/Deprecia...
Hi BP,I see tons of investors interested in turnkey properties lately, so I wanted to share my experience analyzing these deals after buying 4 in the last 12 months.After looking at maybe 100 or so properties, I can t...