David Jesperson
Fix and Flip First Experience
17 January 2025 | 5 replies
Don't split the work between multiple contractors if possible, finding one to do all or most of the work will keep prices down.Challenges were finding replacement pieces for certain items as manufactured homes were very different than stick built as well as going through state guidelines for affixing the house to the land
Jay Fayz
House hacking as a student
27 January 2025 | 7 replies
Also, HomeReady/HomePossible (Conventional loans) can be just as favorable for househacking but also bring Conventional Conforming income guidelines to the deal, rather than the more restrictive FHA guidelines.
Jimmy Rojas
Will Trumps presidency benefit small RE investors or people just starting out?
25 January 2025 | 2 replies
The president has zero impact on underwriting guidelines and zero direct control of interest rates. in fact the fed has no direct control of long term rates that effect mortgage rates.
Michael Rodriguez
Theft Proof Copper Pipe ideas?
6 January 2025 | 7 replies
Specifically from the Caged AC Unit into the attic (concrete slab so no crawl space).I was thinking of just building a tall vertical box to place this into.
Vivian Belle
Living abroad and Investing
26 January 2025 | 2 replies
If so, they all have / bring it's own set of questions, guidelines to know about.#4 - Have someone local that you trust, go over zoom and get to ask them question.
Roger Flot
Updated Insurance for renovated property
21 January 2025 | 10 replies
Are there any guidelines or best practices (ie: rewiring such a property would be more valuable than updating insulation).Is it something you need to ask the insurance company about to get, or is all this determined in the initial interview with the potential insurer?
Andy Moffit
Voracious learner looking to build a winning team
27 January 2025 | 3 replies
I admit having some trouble searching for team members in the forum so hopefully BP guidelines will allow user referrals or intros.
Lauren Ruppert
Can an LLC (sole proprietor) sell a property to an LLC belonging to a son/daughter?
22 January 2025 | 5 replies
If so you need to fall into the guidelines (for the investor whos funding it) regarding non arms length transactions.The most common scenarios they typically prohibit are:- Gifts of Equity- Bailouts- Leaseback OptionsAt the end of the day it needs to be a legitimate transaction, with legitimate funds coming into close.
Henry Clark
LA Fires Taxes and Insurance
14 January 2025 | 1 reply
But since you don’t know about the concrete pads how they will settle they have full rebuild coverage.
Don Konipol
A Tax Lien Warning Story
21 January 2025 | 6 replies
Sometimes I think, well maybe that newby is an expert at draining swamps....or they have a helicopter to reach the landlocked property and want to practice aerial concrete and building material transport.There was a guy on here the other day, challenging me that he could not possibly go look at all the "deals" he was going to buy in Florida for 10c on the $1.