All Forum Posts by: Brian Bohrer

I love this!  I was just staring at that same graph last week thinking about how bad the alleged  "Crash" could really be.  Great stuff!

What a great outside the box strategy!  I love the arbitrage of working a higher paying job from Chicago remotely while taking advantage of the comparably lower cost of real estate in the Colorado Springs market!  I am currently working on my own house hack in the Springs and hope to share some similar results myself!  Keep crushing it Brad, and thanks for the post @Ben Einspahr!

Have you considered hard money or a DSCR Loan? Debt Service Coverage Ratio Loans allow you to finance based on the projected income and not solely on CMA's and your credit history to underwrite.

I wish you the best in your journey!  Take Care,

 I think you have given yourself a great time frame to get yourself ready to buy the right property in the right location or the right price!  Do as the others suggested and dive into what draws your interest the most in the forums and on the BiggerPockets Podcast.  One day it will all click and you will be able to pounce on your prey like a majestic Tiger in the jungle!

I wish you the best on your journey and please reach out if you ever have any questions!  

Take Care,

 Hey Mollie,

I think that is a great idea! I heard on a podcast once about the large ratio of baby boomers who own small multifamily and SFH's who are looking to get out of the business in the next 5 - 10 years. This could provide you a great opportunity to stumble upon someone who is possibly looking for an exit from the market soon. Just stick to your buying criteria and something is surely going to come along!

I wish you the best!

Hey Anthony,

If she owns the home free an clear, she could owner finance the home to you.  You will need a lawyer to draw up the documents, but this would give her the ability to earn some money and you would not have to come up with a large down payment.  You can jointly agree on terms in regards to the down payment, the interest paid and the number of payments to find what works best for all parties involved.  

I hope this helps!  Good luck on your real estate journey!  Take Care,

Hey Sam,

I think you should finish what you started and flip the other unit now.  If you refinanced now and planned to refinance again later once the other unit was finish you would be paying loan and appraisal costs twice!  If this is a few years apart, no big deal, but if its within 6 -12 months that could be a decent amount of money to consider.  If you have the money to fix up now before the refinance then I think it would make the most sense to flip now and take all your money out later when you refinance the entirely renovated duplex.

I wish you the best on your real estate journey! Take Care

Hey Kristin,

I personally own 2 rental properties and will be setting up an LLC for the next purchase I make. I have been advised by my CPA that you will not want more than $1,000,000 worth of properties within each LLC. You can also take out a personal umbrella policy up to $1,000,000 which is usually enough protection for the first few properties, most investors do not start to use LLC's until you reach that point. Honestly as long as you have insurance to cover yourself if things went south you will be fine. An LLC only makes it harder to get to your assets, it doesn't provide complete immunity.

I hope this helps and good look on your real estate journey!

Take Care,

Great Information!  Looks like a great opportunity to get your rental purchases planned out before they open in 2026!

I have never heard of this!  I live in area with a large military community.  I will keep an eye on this thread as I am eager to learn more!  Thank you for posting