Aaron Millis
Transferring your mortgage to a buyer
Hi BP,I've got a rental that I renting/selling to someone on a rent to own agreement- the home is still in my name.We are at the point where they are about ready to buy the home outright. However I do have a good inte...
Emanuel Ohunwu
Rhino or guarantor instead of collecting security deposit
Has anyone ever used Rhino or guarantor instead of collecting a security deposit? I can't seem many reviews on either company. They advertise as an insurance policy to cover losses rather than having a security deposi...
Warren L.
Investing using a Trust
Hi everyone, I'm still a beginner in real estate investing. I read that it's better to invest using a trust than a LLC because it provides anonymity, more protection and doesn't require filing with a state. Is it p...
Jeff Caravalho
Would you fund this note?
Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
Marcos Falcao
Cash flow with rising interest rates
How are you guys able to make deals cash flow with new rates (assuming traditional bank financing)?For example, a retaltively cheap house in the Houston market is listed at $250K. Assuming 6.73% rate, 20% down, 30 yea...
Dominic Mendolia
assisted living/senior living
I have identified a property that would be perfect for assisted living or nursing home. The problem is I don't want to run that type of business. If I developed the property for this use are there companies that come ...
Toby Auer
Washer/dryer in rentals?
I bought my first house hack duplex about two years ago. It came with an old washer and dryer on my tenants side (which is a 3/1). My tenants just let me know the washer is broken and probably broken for good. I will ...
Steve K.
K1 1065 Tax Question for SDIRA LLC
Last year, a company from BP helped us set-up Self-Directed IRA LLC "ABC SDIRA Company LLC". Luckily, we invested those IRA funds in our ABC SDIRA Company LLC and were able to make some profit to offset the initial se...
Aaron Ver
Military move 1st potential rental
Current mortgage with VA at 2.x% with 278,000 left in South Carolina less than 4k worth in maintenance. Comps show the home is worth around 420,000 in an excellent neighborhood with potentially low vacancy rate if i w...
Jimmy Klein
How exactly do property manager's make a profit?
I'm looking at some turnkey properties. I see property managers charging just 8% of rent and thats not much considering rent can be less than a 1k a month. I also seen turnkey rentals where they even set up the LLC...