Kim Forgione
Estimating ARV: need an agent? get a RE license?
I'm learning about the BRRRR method before I jump in and understand the importance of estimating repair cost and ARV. I plan on buying J. Scott's rehab book soon and hopefully that will help with the former. I heard t...
Brian G.
Joint Real Estate Partnership with Best Friend // Need Help with Legal Advice, Deal Contingenies, etc
Coming here to get additional thoughts and advice and not basing my decision solely on this thread.Opportunity: One of my very close and trusted friends has theopportunity through his family to build brand new houses ...
David Burrell
Mynd Property management bad in Atlanta or everywhere?
Does anyone else have or had property managed by Mynd formerly RentVest?I ask because I recently ended my relationship with them in the Atlanta area, but would like to know about other areas they service.I am hoping i...
Vee L.
Separate entities to manage vacation rentals?
I'm in Houston, TX. I have a few Short-term vacation rentals that owned by an LLC. I have been managing them in this existing LLC. I plan on scaling up and adding a few more of these. Should I create a property manage...
Michelle Wang
Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
I’m a landlord in Massachusetts, and recent events have left me extremely frustrated and disappointed with the state’s laws and regulations. I inherited a property with two tenants who don’t pay rent. It seems they we...
Eran Withana
Finding a CPA for REI
I listened to Amanda Han in BP podcast and also read "Tax Free Wealth" by Tom Wheelwright. I just signed contracts for my first two rental properties in OK and LA. I also have W-2 income. I was trying to find a CPA an...
Michael Caruso
BRRRR Refinancing a custom amount to avoid higher payments
Hey all! I'm hoping to make my first BRRRR investment soon- though while looking through available properties I'm struggling with one thing.I've found properties that can use improvement, one in particular I'll be abl...
Jason Gott
Partnerships and how to write the terms
Hello BP family,I'm pursuing a deal and have never used a partner before. He is bringing the cash and I found the deal. We will split 50/50 on cashflow and proceeds when we sell. This is a seller financing deal. W...
Eliot M.
Mobile Home Park Valuation once and for all
Frank Rolfe says: MHP value = Lot rent per month x # of units x 60 or 70Laura Cochran says: MHP value = (Lot rent x 12 x # units)/19% or higherBasic real estate common sense says: MHP value = NOI x market multiple (o...
Colin Youn
How to Structure the Partnership
A friend of mine from overseas is interested in investing in real estate in my local market. He would provide 100% of the financing (through his bank at a low interest rate) and I would provide the oversight and coor...