Hey Oh friends! Investor here looking to dip my toe into private lending to another investor. Deal- Wholesaled property under assigned contract and buyer looking to borrow 130k at 11% for 4 months from me to finalize ...
Hey BP!!
I’m looking to buy my first multi-family rental in the next 12 months but first want to get really familiar with the numbers. I am looking to start analyzing deals but am running into the problem that I can’...
As a property manager, I am well aware of the challenges that arise from dealing with non-paying holdover tenants. This is a complex situation that demands a sensitive approach, a thorough grasp of legalities, and a s...
Im having problems with getting in contact with my tenants they do not answer my phone calls or open the front door when i go over. they owe 1400 this month and they will be owing 1500 on the first of july. Im plannin...
I am waiting to close with New American Funding. The appraisal was two weeks ago. The HUD contract says 'time is of the essence' and has a date of 'no later than 45 days'. My agent is saying we should be closing now s...
I am wanting to get a good idea of my TRUE vacancy rate including time lost to rehab etc...
My accountant suggested creating two line items to book both a lost revenue income and an offsetting lost revenue expense f...
What is the process (and rough price estimate), to convert a 3-story row-home in Philly, to a Multi-unit Dwelling (Triplex)?Not construction costs, though if anyone has a rough idea on that as well, I'm all ears. It's...
First time doing an STR and I want to put it in an LLC to shield my other assets as best as possible. I've read the pros/cons of LLC vs only doing umbrella insurance and I'd prefer to do the LLC route to minimize risk...
Hi everyone! I have a question about navigating off market deals and how to approach talking to the owner of the property. I was driving for dollars and found a property that looked abandoned so I copied the address a...
Does anyone here used MAD agency for their VAs? I need an answer from a legitimate user for their cold callers, acquisition and dispo. I saw someone posted a bad review about the agency, but it turned out that they're...