Nathan Frost
DSCR Loans Please Explain
Hi, can someone explain this to me? Basically give me an example of say a $100,000 home and how this is wise to use that rents for $1200-1400. Verse other loans. Or why one would choose DSCR loan / interest only pa...
Han T.
Issuing Promissory Notes from Individual to LLC
Hi BP community! Hope all is well. Here is my question.I would like to check if it is possible for a LLC to issue (borrow) promissory note to an individual for the purpose of buying real estate. If so, can it be done ...
Kevin Mcilnay
Confused about financing BRRRR
So I'm a little confused about how BRRRR works with financing. I understand that the preference is to buy and rehab with your own money, but obviously that isn't realistic for the majority of people. SO, if put a li...
Drew Purvis
ROI, IRR, and other metrics -- AFTER purchase
Hello all,I am stuck. I have been searching for information on how other borrowers calculate the performance of their portfolio AFTER they have acquired properties. In other words, the real world, actual performance o...
Nolan Mahoney
Keeping tenants in rental building you just purchased
Any insight on keeping tennants in a 2-4 unit building you just purchased in IL? I asume that you can look at the leases and agreements between tennants and owner before you buy, but you dont like thoes terms or what ...
April Smalls
starting a short term rental company
Hey You Guys,I am seeking some guidance as I have recently established a Rental Arbitrage company. I have taken significant steps to ensure the credibility of my business, including crafting a comprehensive operatio...
Adam Anderson
Contractor Retainage
A basic principal in dealing with contractors is to not pay for work until it is complete. With projects with multiple draws to ensure the project is complete it is important to withhold retainage.Retainage is a stand...
Brian Pellerin
Addressing Yellow Letters
What do you find to be the best method of addressing letters, given the complex name structures I find on my mailing lists? The goal is to get it opened and read, so I would think we need to clean it up.
For exampl...
Michael Linquist
Greetings Investors!
Hey, My name is Mike, I live in Tampa Florida. I'm in my mid 20's and work as a Registered nurse full time at Tampa General hospital. I am getting started with rehabbing real estate properties in the next couple of mo...
Marc Allen
Illinois Property Taxes
Hi All,I'm curious how people are continuing to justify buy-and-hold investments in Illinois suburbs with the current state of property taxes. I've got my eye one pretty inexpensive property which is listed at $80K, w...