Evan Kline
$2.5M cabin deal strategy
Hey all, I think I'm heading the right direction on this deal, but wanted to ask the community to point out any flaws or issues. THE DEAL36 acres, 6 cabins next to national forest in western NC. (there's an "office bu...
Dwayne Clarke
First Time Investor In Need of Advice
Good Day!! I trust all is well with everyone!! I'm a newbie investor in the middle of a deal on my first property and needs some advice. I'll summarize the situation as much as I can- Have $50K in Heloc, $15 K in sav...
Robert McCormick
What has helped you guys gain confidence as an agent?
I have been on and off with getting my real estate license due to life events and other things. I basically have 2 courses left and the license exam and will add that I have had some success in sales but being 31 now ...
Maricruz Romero
Refinancing a PA property under an LLC
Hi BP!I am in the process of buying my first property in Delaware County PA through the BRRR strategy. I would like to buy it under an LLC which I know is fine but I contacted Citi Bank to ask about a refinance portio...
Edward R.
Tenant disputing Sec. Deposit charges - time limit they can?
My property is a fully furnished house; I do short term rentals only in NYS.
I had 3 guys in there for a 2 month lease in late October (company paid for). 18 days into their lease I discovered pot and smoking goin...
Shai Knight-Winnig
Investor Down Payments and Rates for Multiple Mortgages
I've been browsing for a while to try to figure out what are typical down payment and interest rates for loans as you increase the number of loans in your portfolio and I still can't get a good grasp on it. These lim...
Steven Bennett
Underwriting: owner occupied loan by child providing for a parent
Hi folks,I have a question regarding Fannie Mae's owner occupied financing option for "Children wanting to provide housing for parents":https://www.fanniemae.com/content/guide/selling/b2...What information about my pa...
Eka Linwood
Unreasonable Inspection Items?
A little history on the transaction - a Triplex with asking price of $235k, I offered $215k and the seller has countered with $225k. They have been trying to sell since May 2019 and initial price started at $295k. T...
Brian Schroeder
Forming a LLC in illinois
I am buying my first rental property. I have no dept and my net worth is about 150K, and I would like to keep it that way. Questions are 1. Do I open an LLC to protect my personal assets? If something should happe...
Kim Hopkins
How to Consolidate Accounting Across Multiple Properties & Mgrs
Hello!It's that time of year where we get all our books in order and curse ourselves for the end of year work we have created! I have multiple multi-tenant commercial properties with multiple different property manage...