All Forum Posts by: River Sava

Hey Brandon - Congrats on getting your first property rented out, that’s a big step! 

Setting up an LLC can be helpful for liability protection (even early on) since it separates your personal assets from the business. It's not just for large portfolios, an LLC can protect you if any issues arise with tenants or the property itself. Plus, it can make things easier when scaling your portfolio down the line. It's worth looking into now to get ahead of it, but also depends on your comfort level and goals.

Hi Kailas - 

Yes, you can typically rent out the main house and the ADU to separate tenants on separate leases (so long as you're compliant with city regulations/restrictions). It's similar to a triplex in that you're renting three units, however it is a single family residence with an ADU...three leases in place does not change that. Happy to connect as I'm from Boston and familiar with this market.

Hey Anne – Sounds like you've got a great plan lined up. Reaching 5 doors in 5 years is definitely within reach, and focusing on the BRRRR method in appreciating markets sounds like a smart way to go. Have you started looking at specific markets yet, or are you still narrowing down your options?

Hey Elia - Welcome to BP!

What markets and strategies are you intersted in as you continue to grow? 

Hey Chelsea - Highly reccomend reaching out to @Zach Edelman. He frequently works with STR investors in the Smokies

Hey Ben, welcome to BP!

I'm also based in Tampa. Would love to connect!

Hey Stephanie - If you're open to STRs, they tend to perform well in Orange County. You could even consider an AirBnBRRRR strategy, which combines short-term rentals with the BRRRR method. Let me know if you're interested—I can send over some more info about the market drivers out there

Welcome Cecily and John!

I'm from Newburyport, would love to connect with you both 

Hi Rochelle - 

Congrats on getting started with BRRRR and fix/flip. The reason you're seeing these terms often comes down to experience. For first-time or newer investors, lenders tend to be a bit more conservative with leverage and rates because they consider experience a key factor in risk assessment.

As you build a track record of successful flips/rehabs, you'll typically qualify for better terms, like higher leverage/reduced down payments. Once lenders see that you’ve proven yourself, it can open up more favorable terms, and some might even go as high as 90% or more on the purchase.