Lara Taylor
Kennedy Funding company | Kennedy funding lawsuit?
11 August 2024 | 13 replies
looking at the website 1 to 50 mil deals and for a REAL lender not a fake lender.10k due diligence on a large deal is pretty standard stuff.. but what i would caution you on is thismake sure before you go down this road that you are realistic about your ability to get multi million dollar loans.the main thing is there is going to need to be real equity in the form of cash ..
Raj Balakrishnan
Scary stuff for a mom & pop investor !!!!!
8 August 2024 | 27 replies
Several applicants with disclosed felony arrests and convictions have passed tenant verification checks. Tenant verification sites, which charge for nationwide criminal, income, and credit checks, are clearing these a...
John Herold
Manufactured Home Roof Question
12 August 2024 | 13 replies
Yeah, this stuff (or similar)https://www.homedepot.com/pep/Rust-Oleum-5-Gal-10-Year-Elast...
Omer Hassan
New construction incentives in San Marcos too good to be true?
12 August 2024 | 12 replies
Look into home owners insurance and what types of warranties do your appliances have to keep them covered as they don't make stuff like they used to.
Brandon Bell
Lots of equity and cash flow...what should I do?
12 August 2024 | 8 replies
But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less) *new siding 30k (just put on a new roof this year) *legal 10-15k *fire proofing 15k * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home *big grocery store put in 3min away * newly paved road in front of my house *a building that was falling down across the street has been torn down * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.
Josh Kinnebrew
Relationship Building with experienced investors
11 August 2024 | 6 replies
You can help with stuff like researching the market, handling social media, or even just being a local presence for out-of-state investors.
Eryn Garcia
What amenities do your guests like/love/ comment on in your houses.
9 August 2024 | 9 replies
I would also recommend hair catchers for the shower drains and sinks.
Alex Waite
When is living with parents too much?
12 August 2024 | 20 replies
Step One: Gave them a taste of entrepreneurship (rite of passage stuff) they cut grass, shoveled snow (as a group) Team workThen my wife an I let them try their own ideas out on the world.
Nick Webb
Financing Single Family under $85,000.00 (section 8 tenant)
10 August 2024 | 13 replies
I've used hard money for larger flips, but for stuff that makes sense for a buy and hold.
Brandon Turner
Do YOU listen to the BP Podcast? Then PLEASE help us out!
11 August 2024 | 99 replies
Really good stuff.