Chris Ferren
Partnering with a GC
So I'm currently looking for my first flip project and am getting more serious about writing my first offer. I have set up my LLC which will be will be taxed as an S Corp, found a great CPA who specializes in working...
Account Closed
Buy rental for cash, then what?
So I found a property that will rent for $500 and I can buy for 30K cash.
My problem is that I then will have 30K + 5K (repairs) tied up for a couple years until I could do a cash-out refi. There is no way to figure...
Susan Maneck
Limit on mortgages
I have a question regarding the Fannie Mae restrictions on the number of mortgages. Two of my houses are financed by first place HELOCs. Would those count towards the four they want to allow?
Trevor J.
House Hacking in San Diego
Hey guys,Has anyone house hacked in San Diego (preferably in neighborhoods as north as Encinitas to as south as downtown)? I'm looking to hear about your experiences! I'm just getting started myself, learning the numb...
Filipp Laptev
Opinion on financial adviser
What are the pros and cons of working with a financial advisor? Should I or should I not?
Austin Nelson
300 unit apartment complex - High Water Bill
Hello,We manage a ~300 unit apartment community in Birmingham Alabama. We purchased the property in Oct 2019 and the average water bill for previous ownership was roughly $24K per month or $90 per door. Since then, ou...
Johanna Rodriguez
Potential Partnership with an Agent
Hello All!I am a new investor looking to flip my first home, of which I am very excited/nervous about but ready to get going!I met an agent awhile back who has become a friend and is very knowledgable as far as workin...
Anthony Wick
If You're Not Growing, You're Dying
I'm not sure the title is what I was looking for, but it gets the point across. Growth isn't just about buying more units, but changing with the times, and being open minded. I have two units for rent right now (the e...
Justin M.
Investment strategies for the Denver market
Hello, my name is Justin and I am new to BP. I have been a real estate investor for about 8 years, with 1 property. However, up until the last 6 months or so, it was not much more than a hobby. I am taking the next st...
Eduardo Rodriguez
How do Series LLC work with rental properties?
Hello, My wife and I recently opened a Series LLC as we plan on having more properties. I asked the banker if we will need to have a separate checking account for each of our properties but she didnt know. Any insi...