Manny Oviedo
New Investor - How do I expand out quickly?
Hello All,
I'm new to BP, and I look forward to meeting many of you! I could use some help to figure out my next steps in this journey to be as successful as you all.
My journey started last year, April 2021 when ...
Jordan Blanton
Cash out refinance or sell
Looking for opinions on what my next move should be. Own 2 investment properties plus my primary residence. Here's breakdown:1st home: paid off (paid 56k) now worth approximately 140k, cash flowing $650. 2nd home: pu...
Jeremy H.
Bank Accounts - How do you organize them?
How do you all organize your rental property bank accounts?Bank Account per property? Pros: Would be very easy to see expenses/costs etc. Cons: Would end up with lots of Bank Accounts but still organize them all under...
Carlton Wood
$25,000 Offset Question???
What’s up BP!!! Have a question about the $25,000 offset I’m hoping someone could answer for me. To be clear I’m referring to the up to $25,000 in passive losses that the IRS allows you to offset your earned income by...
David Kirkpatrick
Self Managing Multiple Portfolio's
Hello Friends! As a brand new investor I own two portfolio's totaling 11 properties consisting of 19 & 16 Units. Both portfolios are owner financed and in two different LLC's. I am self managing for now as I want ...
Nick P.
New to private $$ lending and asked to fund a project. Looking for help...
Hello all,I've been asked by a colleague if I had any interest in being a private $$ lender for a home flip in the Chicagoland area. I have no experience in this and I'm not even sure where to start to know how the pr...
Allen Collins
Lender that will use only my W2 income and not my business
Hey everyone! I’m trying to get a loan from that won’t they won’t have to consider my business. My W2 income alone would qualify me for a $600,000 loan but when they apply the losses some of my businesses took I can’...
Gabe G.
newbie question, gross cash flow vs net cash flow
As a new investor. I am more concerned about gross cash flow.
Which is simple rental income - principal-interest-tax-insurance
In the Indiana market I have been shooting for $500 in cash flow per proper...
Andrew Hofing
6-Unit with Owner Finance
Is this a good deal for a first Multi-unit? I'm kinda caught up because of the balloon @ end of finance. Seller Financed Terms:Sale price: $165,00015% upfront cash deposit and $1538.27/month for 60 months with a bal...
Ryan Miller
What do you recommend on bank accounts?
I currently have one rental property so obviously it's been easy to manage the financials. I only have one account. However I came across some money and I'm about to really grow my portfolio. My lender doesn't escrow ...