Jason Papp
Looking for Experienced 203k Contractor - Pittsburgh
Evaluating an older property for a potential 203k opportunity and would like to get input and a quote from a contractor experienced with 203k. Property currently is 2 residential units and commercial space. Plan would...
Jennifer Borkenhagen
Real estate school or don't bother?
Hello! I'm Jennifer and am so new to this forum but have been listening to BP podcasts for about 2 months and have decided to throw out a question.
My employer has a tuition reimbursement program where I can go to sc...
Jose Quinones
What’s your process to bring in new tenant?
BLUF: seems like my process takes too long, seems unorganized and hard to track I lose a lot of the people in the flood of DMs on FB.What’s your process to bring in new tenant?I’ve had good luck with Facebook so prim...
Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
I own a rental property through a single member LLC (say LLC-A) and I am in process of purchasing another property under the same LLC-A. Currently, I am self managing all the operations. LLC-A is a disregarded entity ...
Bryan Petrinec
QuickBooks and Security Deposit
I am looking for some guidance on managing security deposits, repairs, and return of the balance from a bookkeeping standpoint. This is the first time I am going through this and I want to make sure I am handling it ...
Bob H.
Renting to Tenants With an Insurance Loss
I am considering renting to a couple who say they had a house fire. They say their insurance company will pay the rent. I see some red flags, and I'm wondering what other investors' experiences have been in this kind ...
Doobie Sims
Delayed Financing - Cash Purchase with Gift Fund
I am closing on a BRRRR property that I have purchased all cash and plan on doing renovations using $75,000 in HELOC, $40,000 in gift fund, and $30,000 personal cash. This will be my second investment property, and my...
Peter Morgan
Insurance:Guaranteed Rebuilding Cost
Hi,I have a home insurance plan with 'Guaranteed Rebuilding Cost' few months ago I had a water incident and when I filed a claim with the insurance company they did reimburse me for the water damage restoration age...
Andrew Hunt
Partnership LLC for House Flipping
Hi all -Do you have any tips on the best legal structure on partnering for a fix and flip?I met with another rehabber yesterday, and we'd like to pool funds together. We'll be using hard money on most flips. Our plan ...
Kim Forgione
basic BRRRR Refi question
I have a very basic question. Sorry if it's obvious but I want to make sure I'm getting this. Say using the 70% rule, you buy a property for 60,000 and spend 10,000 for repairs. And the ARV is 100,000. Assume you put ...