Ryan Rupnarain
My First BRRRR Success!
Hey Everyone,I wanted to share my first BRRRR success story with the BP community. It's a bit lengthy but you can scroll down the find the details of the deal.STORY:First, some quick background (deal starts on 3rd par...
Kirk Perecich
Pay down mortgage or keep capital liquid
Hey guys, I wondering what you think about the idea of paying off your personal mortgage vs investing while the market is inflated.
I have some money just sitting in the bank making nothing.
I've been saving up to b...
Odayne Daley
Is it a good idea to purchase a duplex with existing tenants?
Is it a good idea to purchase a duplex with existing tenants. What are the drawbacks?
Bob Sackameno
C corp income questions
I have a job where I make good income, I'm in the highest bracket with my regular wages. I'm about to start buying some rental properties and am not excited about the prospect of all of my business earnings being taxe...
Navid A.
Obtaining loans under a LLC
Good Evening BP!I talked to my lawyer today to finally set up a LLC to add another layer of protection against liability. My concern now is, how difficult is it to obtain a loan from the bank under a LLC versus under ...
Arica Gonzales
How Big is Too Big for my First Deal?
My husband and I have been sitting on too much cash. Between a few bonuses at work and then I received a severance package after which I quickly found another, higher paying job - we have close to $300k cash and appro...
Behrooz K.
How do I request my broker to refund my good faith deposit?
I've been in the process of bidding on a short sale since October. Today after increasing my offer 4 times my broker said the bank has declined my offer once again. So I've finally decided to walk away. I have a $1000...
Paul Bowers
Using a % of rent to calculate CapEx seems wrong to me
I'm brand new at this but it seems that using a percentage of the rent to set aside for CapEx doesn't seem to make sense. Let's assume I buy two different 1,500 square foot houses and one rents for $2,000 per month a...
Michael Choi
New Landlord-Tenant leaves for vacation without paying rent.
Greetings,I've recently purchased a multi-unit apartment in Los Angeles County (No Rent Control) with intention of living in one of the units. The only unit that was soon expire had some delinquent payment history (t...
Nicholas Lohr
Investing security deposits as Berkshire Hathaway does with float
As far as I have read this is a state-by-state law so I am ONLY talking about California here. On line D of chapter 49.2 it states that, “Nothing in this Chapter shall preclude a landlord from exercising his or her di...