Dennis Nikolaev
Disasters on Refinancing "R" of BRRR
The glitch of REFI seams to be the most common problem in multifamily BRRR.
Imagine obtaining hard money and then not being able to pull out the equity from a repositioned project! Or grossly overestimating the After...
Greg Hammond
Should I sell my home or keep it as a rental?
Background: Bought 3 bed 2 bath 1900 sq ft primary residence home outside of Sacramento in 2019 for $540K. I used the VA mortgage loan with 0% down (no PMI) and currently have a 30 year mortgage rate at 2.25%. I wil...
CL Ziegler
Expenses, Repairs -vs- Improvements
Hi Everyone,On my last three tax returns my CPA surprised me by prorating several of my HUGE expenses, citing that they were improvements so the full amount can't be claimed on one year's return. (he diviede them over...
Ryan Galasso
Milwaukee Buy & Hold Analysis
I've been on the search for a duplex in the Milwaukee area to owner-occupy over the past couple months. The problem I'm running into is that no properties I've seen are close to providing cash flow or a good cap r...
Mike Carroll
Strategies/Methods for STR Investing in a HIGH market.
Hello all, My name is Mike and I am new to BP and brand new into the world of REI. I am so excited to join this amazing community of bright, helpful individuals! I have recently finished a vacation home located in Bet...
Joshua Dorkin
NY AG sues Trump, 'Trump University,' claims fraud
According to Reuters:
New York's attorney general sued Donald Trump for $40 million Saturday, saying the real estate mogul helped run a phony "Trump University" that promised to make students rich but instead...
Guillaume Elleboudt
Newbie from Brussels (Belgium) looking to invest in the US
Hi everyone,I'm a 26 years old wannabe investor from Brussels, Belgium. I have no background in real estate (I'm working as a lawyer) but ready to learn!I'm currently renting my apartment and my family has advised me ...
Andrew Dillard
What am I missing on this deal?
I am looking at purchasing a multi family deal in my local market. Deal Stats:Price (Current List): $109,9002 Separate duplex properties on the same lot for a total of 4 units.7 bedrooms 5 bathroomsAll units recently ...
Lekisha Cole
Zillow Zestimate
Is using Zillow Zestimate accurate? Where can I get estimates of homes other than Zillow?
Account Closed
Do you know where you are personally?
How many of you are aware of your personal balance sheet? While, I don't worry about pennies, I do track my balance sheet.
A personal balance sheet is slightly different than a business balance sheet.
Major Elemen...