Aaron Zike
Coffee setup: K Cup or Pot?
Setting up a STR and looking for feedback on what the best choice for a coffee setup is. Not sure if a pot invites poor guest management of it and overuse of grinds than they need or if K Cups are just overpriced and ...
Justin Florek
New to BP
I would just like to say a quick hello! I look forward to learning a lot on this website, as well as chipping in some help if I can! I do have one question right off the bat. I am 25 years old, married with a young d...
Lawrence S.
HELOC on primary residence vs Mortgage to purchase rental
My questions is as above.
I have a HELOC on a primary residence at prime.
I am also approved for a 30 year fixed conventional mortgage at 2.89%.
The HELOC and loan are the same amount.
I am getting mixed messages...
Jeremy Brody
New Member: Help on replacing patio door on first flip - Chicago
I'm finishing up my first flip. It's been really challenging, and I am way over budget. My biggest challenge has been finding good contractors to do the work. Now my back door is leaking water when it rains. Its a pat...
John Crimmins
Best Credit Card for STR's?
Hey all, wondering what the best business or personal credit card would be for STR. I saw Lowe's gives 3% cash back on their purchases, I already have an Amazon card with 5% back on amazon stuff, wondering if there's...
Edith TenBroek
Is paying down a mortgage the best choice?
So DH and I are looking at some long term investments. We hope to start buying property in five years or so. We will be 50. First we need to pay off some debts and save some money. DH has a full time job he lov...
Bernicha Reid
Hard Money Lending w/ traditional refinancing
How simple is it to find property and use hard money to finance the investment? What percentage of the mortgage should I have as cash or is a down payment still needed??
Also from that hard money loan, then in turn r...
Jason Wutzke
Who Should Create My LLC and How Much Should I Pay
I'm trying to decide how to create my LLC. I am looking at 3 different options.1. I have spoken to 3 different Real Estate Attorneys in my area (Menifee, Ca.) who want to charge $1,100-$1,800 + Ca. fees to create a ba...
Paul Ross
First Flip, how do you avoid scope creep and diminishing returns?
Ok so this will be my first flip. It's a 2 BR 1 bath house. As I look at it .. there could be simple ways to "Spruce it up" and then there can be more complex ways. How do you determine exactly what you should do. Bec...
Jeff Wang
Landlord/Umbrella Insurance
Hello,
I have one investment property which is a SFH. I have the option of going with a landlord policy with $1M in liability coverage. I can pay $300 more per year to get that to $1.5M using the umbrella/excess in...