Account Closed
Cash Flow Question; Money set aside for vacancy, repairs, cap ex
From what I have gathered, if a potential investment doesn’t cash flow with 5% vacancy, repairs and cap ex then it should be a hard pass. We are looking at a property that MIGHT cash flow $50/month but I am also allot...
Christine Tuebner
Suggestions for the BRRRR method in Bristol Va
Hey all! We are looking for any and all suggestions/recommendations for using the BRRRR method in Bristol, VA. My fiancé and I both have good W2 jobs and live in big Stone gap Virginia, but the market there wouldn’t...
Omer Zakai
Going over an inspection report
Dear fellows investors, After a few weeks of searching, I finally got my first property under contract ( Whee!!), a 3BR/2bathrooms townhouse in Birmingham, AL ( C+/B- area). I got it for $115K and the estimated rent ...
Michael Van Brunt
Comfort animal making too much noise
Thanks in advance to anyone who can help with this question. We have a tenant that has a comfort animal in a 4 plex. We just received a complaint from the tenant down the hall that the dog is howling, scratching on th...
Alexander Glazer
Deducting improvements from a rehab?
I am starting a rehab for a single family property come the beginning of June (tenants lease ends may). I am researching about section 179 of the tax code and trying to understand if this applies. The house is under m...
Caroline Holladay
Commercial Vs Residential Real Estate Advice!
Hello BP! I'm wanting to learn more about real estate while in college and am hoping to gain some advice over the right internship to look for! I'm currently looking between commercial and residential real estate inte...
Shawn Ross
Sheriff sale foreclosure
Hey everyone, been reading the books for a couple years now and ran into a situation I thought the forums might be able to help with.I’ve been following a house that’s been up for mortgage foreclosure for a couple mon...
Hannah Walker
Should I move Second Home into LLC
Hi all.Thanks in advance to those who help me figure this out!My husband and I live in SF, we own our home here and recently decided to get a second, vacation home near Twain Harte (2.5hrs) from SF. The plan is to us...
Thomas Crowe
Very new and building capital, next best steps?
I am new to the investment property world and want to jump in. I have been following BP podcast for about 2 months now, I have read several of the recommended books but still need some guidance.I own a primary residen...
Chris Markarian
New (aspiring) RE investor. I have a hack idea for my first flip.
Hello all,
Long-time lurker, and recently decided to get serious and commit to action. I am interested in BRRR, Multifamily perhaps, maybe even fix/flip. Anyway, for my first deal, I had an idea, and wanted your inpu...