Sean Williams
2019 Reflection - BRRRRing in Louisville, KY
22 January 2020 | 4 replies
-A good contractor(s) are invaluable-A relationship with a local lender pays dividends-Make mistakes the sooner the better-Never know who you're going to rub shoulders with, stay on your A gameHere's a few pics:
Bryce Herrera
Inside the basics of a Partnership. HELP!
21 January 2020 | 8 replies
For example, if your partner is already a successful real estate investor, then maybe they will bring due diligence experience, mentorship for you, qualifications for a loan, relationships with realtors, contractors, lenders, title companies, insurance agents, etc.Then your value, for example, will be to search for the right property, manage the rehab, screen, quality, and lease to tenants, and property management.And you each bring whatever monetary capital you have for the deal.
Connor Mckelvey
Finding a Tax Professional
20 January 2020 | 2 replies
I’m not in a place where I feel like I need to worry about tax avoidance (I probably can’t beat the standard deduction yet), but I would like to find a tax professional / CPA and establish a relationship as I start investing more.
Ryan L.
She broke another window!
23 January 2020 | 38 replies
You have only one lever to pull here to get this message across, the landlord-tenant relationship and how well you've managed it to date.
Thomas Smith
Experienced Real Estate Lawyer
22 January 2020 | 6 replies
*This post does not create an attorney-client or CPA-Client relationship.
Kristopher Toribio
Seeking advice on planning rehab with long-term tenants
21 January 2020 | 4 replies
This is a business relationship you have entered into, and you need to be paid market value for the service you plan to provide!
Quentin Mitchell
How did you grow your portfolio?
27 January 2020 | 12 replies
BP is a great source for building valuable relationships with real estate professionals in other markets as well.
Aimee Brandner
How to communicate effectively with upset tenants
4 February 2020 | 5 replies
The minute the tenants threatens to sue or take you to court, your professional relationship has been irreparably damaged.
Reggie Rearden
Business cards for the newer REI investor.
21 January 2020 | 1 reply
Talk to them face-to-face, build a relationship, and connect with them via facebook, email, IM, LinkedIn, or other modern means.
Eddie Gonnella
Follow along a Richmond Virginia BRRRR with a commercial LoC
1 May 2020 | 17 replies
Installed 700 sqft of LVP from Lowes for a total of $2,250 installedInstalled 4 new cabinets in the new kitchenette for $800Painted the entire interior trim/ceilings/walls for about $500 - did this ourselvesPainted the entire exterior for about $500 - also did this ourselves Still to come: New countertops for downstairs and upstairs - $2,500 installedElectrical panel upgrade and other electrical - $3,000Fence - $4,500Front deck - $2,500 We've learned a lot from this project and I would say two major takeaways right now are:Find better deals so that you can avoid doing any of the labor yourself and focus on finding future dealsFind a better GC relationship instead of trying to half GC ourselves and half GC with a GCWe're running into some trouble with the refinance at this point due to a lot of lenders putting a pause on their rental loans for investment properties.