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4 August 2024 | 12 replies
Quote from @Amby Bhagtani: Has anyone moved their existing property to an Ohio LLC recently?
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7 August 2024 | 23 replies
All of whom existed long before this settlement.
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11 August 2024 | 7 replies
Personally not a fan of out of state BRRRR.I think it's a recipe for disaster and having been in the game for 10+ years, I've seen the disaster first hand as I bought hundreds of deals from disgruntled out of state investors who thought they can do it themselves.My property management company has doubled in 12 months also due to out of state investors getting caught with a poor property manager when trying to do it themselves from afar so they come to us for help 🤷♂️I'm seeing many investors buying D class crap on the MLS for too much and that needs work.They end up being into the property for 30% more than they would be that if they just bought turnkey.A true turnkey provider will find the cheapest/best deals through a variety of acquisition methods, renovate well and sell for fair market value (And manage in-house).If things go South, they are solely to blame and the penny drops with them.But with DIY, who is to blame?
8 August 2024 | 11 replies
Title underwriters are wired differently and see risk that’s either invisible to us (due process noticing, etc.) or non-existent (odds of an heir born in 1850 objecting to a petition in open court).
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7 August 2024 | 3 replies
. ;) There are no losses until the repairs are finished and the house is ready for renters.
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10 August 2024 | 10 replies
For houses and apartments we have $/door and CoC ROI metrics.
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5 August 2024 | 3 replies
This is my first BP Forum post - please be gentle! Looking to buy our first invesment property. One we're looking at is a multi-family duplex. Tenants have been there for 7 and 10 years respectively, but rent is is ab...
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11 August 2024 | 0 replies
Purchase price: $55,000 Cash invested: $100,000 Sale price: $820,000 Fix & Flip in prime marine park in Brooklyn, one family 3bd duplex just off the park. got this deal as REO, since houses in this area are selling as is, we did just minor renovation.
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12 August 2024 | 9 replies
A W2 job will likely make it easier for you to obtain financing for your future house hacks.
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4 August 2024 | 3 replies
I am planning to purchase a property subto the existing mortgage (50k left) and current tax lien (65k).