David Hendry
HERE IS WHY THE BRRR METHOD IS NOT WORKING FOR ME
HELLO ALL,I know I am not a vocal member on BP Community. However, I havnt missed a Podcast. I jumped into my first rental 3 years ago. Im up to 4 now. I cant tell you how many times Ive heard Brandon say he uses the ...
Ricardo Murph II
Does 8% vacancy and 10% PM calculations make sense?
I am getting ready to close on my first rental this week in the Cleveland area. I have run the numbers and it makes sense for my goals. I have been using the BP calculator using real numbers and rules of thumb. The co...
Devin Royal
Purchasing First Rental for $75K
I have been searching for my first real estate deal for about 6 months now in the south Houston area near where I live. I am trying to get into buying and holding rental properties and I may have found my first deal b...
Mike Trzaska
Credit score decreasing due to mortgages
Hi BP,I know most people here with multiple properties have dealt with this situation. Over the past 18 months I have acquired 4 rental properties, refinanced my home, and opened a HELOC. All good things, except my cr...
Andrew Holder
Commercial Property Eval. and Lease Structure
Closing on our first commercial property (Office Space) in Oklahoma City next week and I can't help but think that there could have been a more efficient/better way to really analyze a good deal vs a bad deal in the c...
Leon Lee
Strategy on using 1031 exchange to buy a small MF
Hi, BPersI have a question on purchasing a Quad using my 1031 exchange account and wonder whether I could get some inputs from you all!I just sold two properties and put the proceeds in 1031 exchange accounts. The dea...
Rommel Pascual
Rebuild an old house to New Home Spec
I've been entertaining the idea that it might be more cost effective to build a new home out of my already existing home than trying to buy a new home. I'm curious if anyone has had this experience and what would the ...
John Cashin
Selling my personal home ...or not?
I'm relocating from Ohio to Indiana and was selling my house through traditional channels. However, today I started wondering about other options. I'm already in the process of buying my new home but I've been start...
Mark B.
Assuming Mortgage of Deceased Grandmother's House For BRRRR?
This one is a little complicated but I'll try to be as brief as possible. My grandmother passed away last year and the title transferred to my father and his brother and sister equally. My aunt still lives there, my u...
Account Closed
California SB 978
Anybody familiar with this new CA law that starts Jan 1, 2013?
Sounds like when you sell a trust deed investment you have to make sure the buyer is “suitable”, if it is determined they are not you can be subject to s...