Nicholas Seaver
Do reputable/proven Tax&Legal STRATEGISTS (& Tacticians) exist?
The hunt for unicorns continue.. It seems one of the hardest parts of being a RE investor and entrepreneur is finding trusted council. Finding a person/company/firm that can be dual hatted as both a (1) Strategist and...
Frank J.
Lead me in the right direction
I own properties in and around the midlands of SC. I have a Property Management Company in place; however we only manage what we own. I have a full time property manager/office location and I am in and out of the...
Arthur Banks
How do you handle multiple applications for one unit?
I'm not sure of the proper procedures for processing (say that 3x's fast) applications. I received an app 5/30 and another today 6/3. The first applicant said she could have the hold fee 6/6. I still have to do my due...
Dawn Anastasi
Seller financing - recommended in general or not?
I have done two land contracts in the past before the whole Dodd-Frank legislation came up. One has worked out well and the other did not.I still feel that there are opportunities to provide win-win scenarios where I...
Ryan DiCanio
How does a preferred return work?
Hi BP Community,
I am currently looking into a 19-unit apartment complex in Chicago and after speaking with other investors, the term "preferred return" kept popping up. Can someone provide a simple example as to how...
Matt N.
FHA Loan not welcomed by Sellers
My plan is to purchase a multi-family with an FHA loan. Multi-families in my area are priced 400-600k. I was speaking with one of the listing agents and she said seller puts offers with FHA in fourth place after cash,...
Siddharth Patel
Potential Bed and Breakfast | Ways to evaluate the deal!
First Post! Avid listener, and finally found a good opportunity to buy a Bed and Breakfast in my city of New Orleans. It has the potential space to serve as a event venue, STR, and bed and breakfast. I am looking for ...
Steve Dora
1st Purchase utilizing HELOC...what are my options?
I have a few questions and I will definitely be seeking professional guidance as well, but wanted to throw this out in the forums.Background: I have just opened a single member LLC. I have a personal HELOC on my pri...
Tyler Wotherspoon
AirBnb starting question
Hey everyone, I am looking to buy a house for short term rental in Oregon and wanted to know if I should start a LLC for it or just buy it without one? I know there is tax benefits with having it under one but can I t...
Dion DePaoli
Why to invest in Notes?
I am not sure there is really a good thread here in BP which address this question. I know there are many blogs but those do not provide expanded conversations around the idea, IMO. If you are a seasoned, new or pot...