Stuart M.
Help figuring numbers for a HELOC or cash out only SFH rental
Your goals and story: We bought a SFH in FL we rent out. We want to keep renting it out. Renovations were expensive. We are always looking to reduce our costs (interest) while maintaining flexibility if possible. This...
Adam Wigdorski
Simple excel or cloud software
Someone will have the answer. I own 32 units spread across 5 buildings Some are in my name and some are in 2 llc’s Was prepping for my taxes and the single spread sheet for each building is becoming a pain in the butt...
Matt Buchalski
Section 8 housing in Ft. Worth
Hi everyone,I am a fairly new member of BP. Im closing on my first SFR next week and I am looking to grab a couple more in the next 90 days. Does anyone on this board have experience with accepting S8 on their propert...
Derrick S.
How I am batting 1000 on Credit Partners + All I have to offer
What follows is how I've signed every credit partner that I've sat down with, to terms that very few would believe: they receive 2% of whatever I borrow, no split of profits; and they're happy. If you read my bio you ...
Jimmy Warr
A Good Deal or a Bad Deal ?
I have an 8 unit apartment building under contract in Memphis TN. Property is located in a C-/D+ area but it is .25 miles from an awesome revitalized B area. All units are 2BD / 1 BA.The Property is currently 100% occ...
Kim Hopkins
Using a Virtual Assistant for Bookkeeping, Expenses and What Else
Hi!
We are overwhelmed trying to manage our current real estate portfolio and in the process of another acquisition. I have two questions:
1) Does anyone recommend using a particular virtual assistant company like ...
Alex Billips
Questions about moving my current 401(k) to a solo 401(k)
I have a 401k at my current job. I’m wondering if I can change it to a Solo 401k with checkbook control and then use the funds to invest in single or multi family rental properties that I am the sole owner of. I also ...
Khaled Seirafi
Contractor clashing with city, not completing project (CA)
Hello everyone. So I got a notice in December from the City of San Mateo's code enforcement unit to replace an exterior wooden staircase at my family's property with one that's up to code. I hired an engineer to draw ...
Josh Corriveau
Cap Rate and Cash-on-Cash ROI versus $100/door
Hi BP Members,
I hope you're well. I'm analyzing a property for purchase and the cap rate is 5.73% and cash on cash ROI is 5.07%. The monthly cash flow is $291.46 total for the duplex. While I think the rent could...
Laura Jimenez
[Calc Review] Is is a good first rental property?
New investor, any help would be greatly appreciated.It looks like this property will cash flow about $300 a month.But it's not hitting the 2% rule.Is this a good first rental property?What would be a better price to a...