Hey BPrs,I'm wondering if anyone in the BP community is familiar with renting out their land for hunting purposes? I'm planning on renting out my 140 acre vacation rental property in South west Michigan during the off...
Hi everyone, So, while shopping for financing, I've been told that for investment properties, I cannot use "gift" money. Really it isn't gift money, as it's going to be a partnership between a family member and I. The...
Hi BP,So my friend @Gennadiy Matusevich convinced me earlier today that I need to hire a bookkeeper and I'm going to bite the bullet. I have a small REI business that's growing steadily and recently launched a Gener...
Hey BP community!With Fannie and Freddie proposing that the new cash out refi period going from 6 months to 12 months, I am curious to hear how everyone plans to continue to BRRRR with this happening? Are Hard money/P...
I know on several podcasts and webinars BP has mentioned advice on providing lenders with a written proposal essentially stating why you believe a property is a good deal, and what you will do to manage it well. Does ...
I posted my single family rental on Zillow, I know it is harder to get tenants in the Winter around the Holiday time, but is that a reason to lower your monthly rent price? During peak season, should I be aiming highe...
I need advice on transaction. I recently bought a home at auction. It was a great deal and in good shape. A family member was interested so I offered to sell it to them with very little profit. But we later found t...
Hi All-I'm opening escrow tomorrow on my first rental property. For the down payment I am using a mix of cash and HELOC on my primary. Once I close the purchase (and after a seasoning period, if any) I would like to...
Good Day All,I have heard a lot about crazy cash flow on Cottage/Airbnb rentals in Ontario (specially near lake/water properties) during Summer season which has intrigued my interest in Short term rentals investing. I...
I have a rental that I'm currently rehabbing that I purchased under my LLC that I will BRRRR via cashout refi. I was listening to a podcast and a fella said that it is better to purchase under your perso...