Tyler Huntington
Higher property tax rate vs lower cash flow
First post in the forums so take it easy on me.My question is.... Say a property returns 10% cash on cash, which to some, may be low.Said property's tax rate is 2.5% purchased at $200k or $5,000 for property tax. Say ...
Kevin Kroll
Closing in Jan 2016, rehab expenses in Dec 2015
I'm in a bit of a unique situation that I'm sure others have been in, but is new to me:I am under contract to close on a new rental property in early January 2016. The terms of my purchase contract stipulate that I am...
Alejandro Flores
Probate in harris county wholesaling
So I'm trying to completely understand how to put a probate house under contract. I went online to the Harris County Clerk and search for the probate list, which I got but when in the event description can I find the...
Jason K.
How to fund a rental
I am a contractor in AZ that currently pays 600 a month for a storage yard. Its been on my mind to buy my own storage yard or a rental unit w/ yard space and start redirecting the 600 into my own pockets. In essence i...
Paul S.
Trash Outs
I just wanted to get a consensus from the BP community on trash outs. When you purchase a property or are doing a changeover of tenants and there is a significant amount of trash/personal belongings left behind what d...
Ruben Garcia
LLC vs. Corporation, book keeping
Hello, Any recommendations on who I can chat with regarding creating LLC for out of state rental property I purchased. Benefits of LLC, s-corp, etc. Also how I can prep for next years taxes. Thank you
Chase Dixon
Subject to in Washington
I am a Real Estate Investor in Salt Lake City, but I am looking to expand outside of Utah. I have an opportunity for a subject to deal in Washington state. 1 - What would be best way to hold title? Sounds like a title...
Joshua Merchant
First Time Commercial Lending
Hey y'all, my wife and I are looking at our first commercial purchase (a five apartment building). The lender we're working with asked us for a pro forma mortgage. I've done this in residential, but I'm unfamiliar wit...
Marcus T.
Dallas / Fort Worth Newbie 1st Auction
Hello Everyone, I'm so thankful to have found the BP website and podcast a few months ago. It is absolutely amazing. I feel as if I have learned so much from member posts and the interviews. Thank You!SO, the plan is...
Marty Summers
Multi-Tenant Family Cash-Flow
Alright folks... can you give me an idea if I could put down 25% (300k) onto a 1.24 million dollar multi-tentant family property. How much should I expect it to cash-flow per month? Live in Southern Indiana market. ...