All Forum Posts by: Eli M.

Dear BP family,

I am not a big landlord, so I don't have fancy and sophisticated management software. 

I was wondering, what is the best way to accept rent? How are you accepting rent? 

Dear BP family,

I was wondering, which background tool do you use to screen your tenants?

Thank you all in advance

Thank you for your response. Most SBA loans which I found offering 10% of my business's gross income. Is it normal practice?

Dear BP Family,

I was wondering, would you know where can I buy discounted Home Depot Gift cards?

Someone told me you can buy home depot cards for 5-15% less than the face value.

Thank you all in advance, 

Eli M

Dear BP family, 

I was wondering if you would know of any good lender for a cash-out refinance for an investment property in Philadelphia?

This is SFH, residential, no other mortgages.

I'd prefer 75% LTV, 30 years amortization, 5 years fixed rate

Thank you all in advance

Dear BP family,

Time after time I've been coming across the same issue. I see a house for sale but there're no relevant comps( sold in the last 6 months within 0.3miles distance) not good and not bad, just no comps at all. I was wondering, what other variables can I rely on to make my purchase decision and what factors will the appraisers look at? 

Thank you all in advance!

Dear BP family, 

I was wondering, what's the best way to obtain an unsecured line of credit?

Thank you all in advance,

Eli M

Dear BP family,

I was wondering, would you know how much a finished basement, HVAC, and a garage increase/add to the value of a property (percentage-wise)?

Thank you all in advance

Dear BP family,

I was wondering, when is it necessary to do the french drain? Why do flippers tend to do the french drain?

Thank you in  advance,

Eli M

Dear BP family,

I was wondering, is there a way for me to find the contact info for a specific contractor in Philly? If I know a name or two but, unfortunately, I don't know their contact info, what would be the best way for me to go about it?

Thank you all in advance, 

Eli M.