Ivan Reyes
What's enough cash reserves?
My partner and I are securing a hard-money loan to do flips. Low to mid priced homes with ARV of 80-100K. We are working on our first flip at $70k ARV. We are planning on getting a private loan of $5k so we can have s...
Grant Grabinoski
Self-Storage Analysis (1st time looking at self-storage)
Hello All,I'm analyzing my first self storage unit deal and wanted to present what I have currently come up with. Any feedback on what I can analyze further would be great! Here is the breakdown: 75 Units non-climate ...
Russell John Walsh
Screening applicants with a co-signer
I may choose to vet a young couple , both currently off their jobs due to being non-essential. They want me to take a co-signer.
It seems, I would fully screen the two people, and the co-signer
Would I ask for tax...
Michele G.
Purchasing building for condo conversion development
Hello I would appreciate feedback from experienced developers. I am considering purchasing a 12k sq foot building with architectural plans already in place to convert to 12-14 condos. I walked the building with expe...
Lori J Walsh
Tenant signed lease then backed out 2 weeks before moving in
Just 2 weeks before the tenant was supposed to move in as a roommate to another tenant, they advised that they had changed their mind. I've offered the option of 3 months rent as opposed to the full 12 months as woul...
Nicholas Bailey
Newbie in Chicago IL looking to get into multi-family rentals
Hi, I'm a lawyer from Chicago. I practice in the landlord/tenant area defending tenant's from unlawful evictions and suing landlords that unjustly keep security deposits. I'm sure that will make me EXTREMELY POPULAR...
Account Closed
Legal Dream Team
From listening to a number of BP podcasts, it is obvious that smart legal representation is a must. When starting out, what would you say are the essentials needed for legal advice? Real estate attorney, tax/estate pl...
Zak Cooper
New to Iowa City / Cedar Rapids
Hey all!
My girlfriend and I recently moved to IC for her to begin Med School - hoping to connect with people in the business new and old!
We are looking to purchase our first property this year, specifically a SF/...
Vivienne Affat
First Time Flipper Challenges
For first-time flippers, are you also having a hard time getting funded?
Jamie Dupont
To Video or Not to Video? (direct booking site/airbnb/vrbo)
Hello BP community,
We are in the process of attempting to optimize our first STR property in a very seasonal market. We added a yard game area/hot tub/pool/etc. Pro photos are happening in October and we are dec...