Chris Smith
commercial downpayment equity question
My partner and I are looking at 6-unit apt. My cousin (wholesaler) is willing to hold the note 70% we pay him 30% and 10% interest monthly on the 70%. We plan to right away apply for commercial lending which will requ...
Sean McMorrow
Has anyone here used a property manager for AirBnB?
I was looking into property managers like turnkey and wondering if they were strong options for managing a property in an AirBnB situation or other other suggestions.
Chris Youssi
How to survive the next downturn?
The purpose of this forum will be to give practical solutions vs pulling the "crash n crush" alarm like a previous thread. I have a few suggestions that I have implemented and am interested in hearing from other inves...
Jeff Bowman
Encroachment agreement question
Hi all,my parents own a mountain home in North Carolina. Several years ago when a new survey was done on their property and the property next door, it was revealed that my parents propane gas tank (which was already i...
Matt Seabrook
E-commerce and dropshipping good or bad idea?
I have been contemplating going into the E-commerce business and start drop shipping but i dont know if its a good investment or not. I was wondering if i could get some testimonies and insight from people on the Bigg...
Craig James Conrad
Reject lease renewal if one party drops from the lease?
Hi everyone, I'm new to all this, so go easy on me! :)I lease out a mobile home to a man, his girlfriend and son. The two adults are on the lease. The woman is generally more responsible, more consistent income (I k...
Huy N.
Proof of Concept - Infinite return!
Hi BP Family!Last year I posted about this boring deal that I bought 3 years ago. It is not boring anymore as I just refinanced and took ALL of my money out, plus more! My mortgage increased only about 100$ per month ...
Daisy Ferreiras
First BRRR; Final numbers
Hi all,Wanted to share my first deal. I did the BRRR method
Purchase Price: $92,000
Rehab: $35,000
ARV/final appraisal: $175,000
Doing a cash out refinance and was able to get 75% of the ARV. Since I only needed...
Chris Roush
Tax write-offs for creating an LLC
I am working with an attorney to setup my first LLC. Since this is my first business, I'm trying to figure out how to handle the expenses when the 2019 tax season begins. Since I had to start the LLC with my own perso...
William Carr
The Best Real Estate Software
Hello Friends!
I’m a wholesaler in Baytown, Tx. Recently I have been looking into Real Estate software systems. I have used Real Acquisitions but have they have had several technical difficulties. Looking into it mor...