Alfonso Andolz
Advice Needed - Payoff mortgage or keep the capital?
Hello All!Here a little backstory to my situation. I went through an ugly divorce a few years back where she took over the rental property we had, I kept the house we were living in, and I had to declare Chapter 7 ba...
Anthony Kenmore
General property maintenance
Hello all!
I'm looking to rent out a property and the property has a pool. How would I ensure that it continues to get properly maintained? I can't force someone to use a specific service can I? If so would it be in...
Joe Crupi
Help with potential deal on lien/note/loan - apartment complex
Situation:There's an apartment complex that due to some severe mishandling, was about to be foreclosed. Someone came in and loaned them the money to pay the back taxes and fees, charging hard money rates.- Loan amoun...
Jorge Abreu
📍Location, Location, Location
Yeah, I understand, you've heard it countless times. "The location plays a crucial role in determining the success of an investment." Believe me; it's no laughing matter. The importance of selecting the right location...
Omaree G.
Transfer title and tax
Hello!
I just recently purchased my first buy and hold investment property. Currently, I am in the process of transferring/titling into my LLCs name. My first question, in your opinion and experience, what are some i...
Jake Lowing
Buying for Appreciation due to City Renovations
Hello everyone! Today I am doing my Biggerpockets due diligence and setting up my profile // leaving iTunes podcast review (5 Stars!)My first forum question:I purchased my first rental property last year at the age of...
Kris Marmol
Best Contingencies for LLC operating agreement
Hello I am looking to opening a new real estate LLC I was hoping to see if you guys could help me with examples of good contingencies to have our lawyer include into our operating agreement. I am going into business w...
Jennifer Roth
Is there a charge when transferring funds from Canada into a US account?
Hi there, I was wondering if anyone would be able to answer my question. I am looking to borrow money from one of my investor friends who live in Canada. My attorney stated that this investor should be able to transfe...
Ashley Pimsner
The Portfolio loan myth
Hello BP nation, I just got a great 3 flat in Chicago under contract built in 2008 and fully occupied throwing off almost 2k a month cash (DCR>2) flow after PITI based on a 20 year am fixed at 4.625 with a 25% DP f...
Justin Morris
Rehab Deal Returns, What are you seeing?
I am wondering what people are seeing in terms of profits in rehab deals lately? Is making 25% on fix and flip a thing of the past?