I am trying to get a better understand of how using OPM works in RE financing. Specifically, how would you determine how much an investor gets after a flip, or cash flow for rental income? Here are two examples. I a...
Why we build the same floorplan over and over again:1) Easier for Trades and Faster Build Times: Our trades have been working on the same layouts repeatedly, so they have become more efficient.2) Less Mental Space for...
Hello, I am finishing some a remodel on a 1911 home with an ADU in the Seattle area.The home was previously heated by two gas stoves with very little ducting. As part of converting the upstairs unit to a 2 bedroom, I ...
Hi all! I'm new here and very happy to have found this platform. I'm a new-ish investor with one SFH in my portfolio. It has been doing great as an STR for the last two years. I am ready to take on my first fix and fl...
Hi BP, I have a property that I’ve been holding for 5 years. It’s on a 30-year mortgage with ~$130k remaining at a 5.25% interest rate. my monthly mortgage + expenses = 1,350/month and I bring in $2,800/month in renta...
I am in process of moving some of our long term rentals to Mid-Term (30-180 day) rentals, We currently use Buildium to manage our long term rentals and it working decently. We are looking to rent our properties to v...
Hi there,I currently own 2 investment properties. I am currently investigating taking a cash out refinance on one to fund my next purchase. What kind of calculations should I use to determine whether or not this is ...
Been looking at a structure which will be optimal for having a portfolio of rental properties, financial investments, and all the other general life stuff, which will assist in asset protection, as well as tax liabil...
I posted yesterday about a bad wholesaler that I came across on BP a few years back, sorta turned me off to the basic concept. But now I have some cash sitting on the sidelines and am actively looking at deals now. Wh...
I have a friend dealing with a family trust problem (why do parents think their children will get along magically after they pass on?), and there was a property left to the kids to share, that was their family vacatio...