Ethan Lee
Help analyzing 4-plex, repairs, first deal
Hey BP nation,I decided a few months ago to put my crash course education into action, jump into the game, and pull the trigger once I found a deal where the numbers made sense. I found a 4-plex and am under contract ...
John Hamilton
Banks Loaning For Properties Under $100,000
How accurate is it that banks these days will not write mortgages for properties under $100,000?
Buyan Thyagarajan
Checklist for checking homes during a property visit for buying
Hi Guys,I would like to know if you guys have a checklist that you use to inspect new homes as part of your buying process. Sometimes we don't have a contractor with us and so it would be good to know what things to l...
Belinda Lopez
Seller has property under contract at two different Title companies!
I've been working with a seller on an RV Park for over two months. He informed me recently that he has the property under contract at a different Title company 'as a backup.' It looks like they are still in the ...
Brandon Turner
Lease Options - Who Pays For Big Repairs?
Hey Fellas and Ladies,
I'm working on an article about lease options and I'm not the pro at these, so I'm wondering:
If you do a lease option on a property, and the furnace goes out, there is...
David S.
Contractor License legit?
While checking out a roofer to do some roof maintenance on a flat tar and gravel roof, I discovered that the license number that he Gave me belongs to a roofer in Los Angeles instead of San Francisco where we are loca...
Marc Izquierdo
Homeowners, liability, landlord insurance?!
Hello everyone!
I am starting to look at and analyze some deals in hopes to buy in a year or so. Specifically multi-family (3-4 units). During the analysis process, I started to think more about insurance and had s...
Jessie Niu
Only one rental on the side, do i need to send 1099?
I read that for any contractors who did work exceeding $600, the investors need to send them 1099. I just bought my first rental end of last year and are still rehabbing it, hasn't rented it out yet. I don't have a LL...
Daniel Bruder
Floor issues, possible foundation issues, New in real state!
I have a 50y/o house that we have been living in, 3+ years ago we had the kitchen remodeled including the floors in our living room, one of the primary issues we have before the remodel was the hard wood squeaks in so...
Alex S.
Property Walkthroughs.... Waste of time?
I want to bring up a question that may seem to be blasphemy to a lot of landlords.... Are rental property walkthroughs/inspections really worth it?
The reason I ask is because I have been landlording for several yea...