Elvin Tolentino
Paying back the investor using BRRR method
Good day everyone,My name is Elvin and I am in the very initial stages of real estate investing. I have read in detail about and am very intrigued by BRRR. I know the basics but one thing I can’t seem to grasp is h...
Ruth Buckley
Damp in basement - concern for renter's on second floor
Hi BP, new to rental property investment. We have had an offer accepted on a 2nd floor condo we plan to rent. There are 3 condo's in the unit, the other two units are also under contract at the moment. The deal would ...
John Fortes
Building Shell Development Mixed Use
How have you guys underwritten a mixed use... I just came across a great opportunity in my hometown and it's really priced accordingly well.Building price $350kassessed value $225k8 total units6 residential (two 2's, ...
Nicholas Gessner
Apartment/Retail Combo Thoughts
Currently I live in Maryland but will be moving to Kentucky within the next year to year and a half when my girlfriend finishes her Doctorate at UK. My girlfriend is on board with house hacking so I have begun looking...
Lyle Cooper
Expense to reprogram intercom
I just had a new tenant move into my condo unit which is in a 10+ condo building in NYC. Should the landlord or tenant be expected to pay for the cost to reprogram the intercom to his/her name? It's $200 according t...
Guillermo Kennedy
Rehab and Flip Fire Damaged Properties - Deal or disaster?
Hi BP Community!Certain markets in the northeast have become saturated with investors with the larger, better financed ones snatching up the best deals through inside contacts and greater access to capital. I am alwa...
Bonnie White
Rehab Materials for a Vacation Rental
I am closing on a vacation rental in the next week. This is a BRRRR property that will be used as a vacation rental. It is very out of date and will require a good amount of cosmetic work. What criteria do you use to ...
Logan Woody
Financing with an LLC - Questions
Hi everyone,I am a new investor located in Fort Worth, TX, and I had a few questions for starting out.1. First off, I have other two business partners that want to invest with me in some property here in Texas. After ...
Michael Contreras
Where to form an Llc?
Hello,First post here, and total newbie. My wife and are in the process of closing our first investment property in the Lake Tahoe Area (California side)We live in California and would like advice in which state we sh...
Rick Howell
What You Need to Know to Generate and Use Extra Money
Rental property owners often focus on cash flow, and for good reason. After all, if the money isn’t coming in, it is hard to justify keeping the property in the portfolio. At a very high level, cash flow is what’s lef...