Account Closed
WON'T CASH FLOW, is it the taxes?
Greetings BP,I have been trying to break out into the world of multifamily REI. However, there is not a single property in my area or the surrounding areas that will cash flow even close to $100/door. I am under contr...
Timothy Metra
Will multiple LLC's protect me if the worst comes?
This may seem like a new question, but I couldn't find a specific answer on older posts. Sorry if I missed it.Anyways, if I have 3 separate LLC's and one fails, will the other 2 be protected?Example:LLC 1: Worth $45,0...
Patrick Boutin
Need opinion on contract! First time doing this!
Hey BP community!This is the first time I am doing a rent to own deal on an out-of-state property I've been wanting to unload for quite some time now. The property is bad shape and would be a good rehab candidate were...
Jason Carrillo
Headache-resistant cash flow markets: how do you mitigate?
I’m a new investor deciding on markets to invest in.
2% rule usually is great but the concern from guys like David Greene and others is that the better cash flow and the lower the entry price, the more “headaches” y...
Tom Carmody
1st Investment, Problems a brewing
So, I closed on my first property in Chicago in August. It is a 2-flat remodeled in 2016. Long story short, the heat went out on the first floor last night (was about 12-15 degrees). Tenants were fine luckily but fast...
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Tips and formulas for investing.
I am pretty much just starting out. I am confident in my ability to figure out if I will make money or not. I have a realestate book that gives the line items to consider. Is there a quick way to see if somthing is a ...
Walt Strader
Fraud in MLS disclosure
I recently signed a contract to purchase a home in VA in which the MLS listed the house as having 2460 sq. ft. When the appraisal was done, the appraiser verified the house only had 1948 SF. I shared this disparity ...
Franklin Marte
Renting to college students in Orlando FL while house hacking
Hey BP community. I have an idea I want to present to you for advice and guidance. I’m a recent college graduate in HVAC. I want to pursue REI in Orlando because I got a job offer there for HVAC and I want to target C...
Nathan Killebrew
Is the BRRRR method actually viable?
Hi, I am in the middle of reading the BRRRR book, and it is great. I did have some concerns. I went to my father who is the president of a community bank and presented him with the theory. He told me under very few...
Eric Ruiz
Question: Rehab or Rent and move on?
Hello BP!Quick Disclosure: I understand my question may draw an opinionated response and there truly is no "right" or "wrong" answer. My goal is to start a dialogue with experienced investors in hopes of helping me co...