Tristan Cottarel
How Does Purchasing a Property with an LLC Work?
Hi all,I'm a bit confused here because I've heard all sorts of things.Most books I've read tell me to purchase rental properties with an LLC. I spoke to a mortgage broker who said an LLC can not get a mortgage, it wou...
Kenneth Freire
Should I upgrade my garage in my rental property?
Hi everyone, I currently live in minneapolis MN and my wife and I bought our first duplex back in july. It has a detached garage. It has a manual door and no electricity. We are trying to decide if we should upgrade t...
John Mullen
Request for help on rehab estimation
Hey BP, I have a question for anyone with knowledge of Columbus (or central Ohio, or maybe even the Midwest more generally): how do you like to estimate your rehab costs when analyzing a BRRRR or flip deal? The optio...
Ron Brady
Are we out of luck? Inaccurate listing square footage
We bought a MLS-listed distressed property sight unseen through our local real estate agent. We live in Mexico and bought in NJ and moved fast because we know the community and believe the home is a good BRRRR prospec...
Derrick Lloyd
Beginning Investor in San Diego
Hi All!I am a new investor currently living in San Diego. I am originally from Orange County, graduated from UCLA, and got my first job a couple years ago here.I brought a primary residence a few months after I start...
Mark Vandzura
to 1099 or not to 1099, that is the Question.
I own several rental properties in New Jersey owned in two LLC's and now it's tax season. I have several venders (plumbers, electicians, HVAC, etc.) that I use for maintenance and repairs. This year my wife learned th...
Adam E.
Is Sacramento Oversaturated?
I am new to real estate and am midway between San Francisco Bay Area and the Sacramento area. I have been analyzing deals in Sacramento and Davis but I have been told that it is difficult to get tenants in Sacramento ...
Greg P.
I can't believe it, at the last second bank says we need a second appraisal? Please help
Hello, we were suppose to close today at 3pm and at 2:45pm we get a email from the mortgage broker saying that since this is a flip transaction and I have not owned the house for over 12 months they want to do a secon...
Jimmy Stainback
Appraisal coming in too low.
Hey everyone. I have used the BRRRR method on several projects in the past year and despite the market being hot, the properties aren’t appraising for how much my comps, research, data proves they should so I ultimate...
George Gipson III
Credit score 580
I am looking for a rental property to invest in and i did my research and found a foreclosure. Well after looking at all the numbers it seem like a good deal for a beginner. However i needed to get approved for a loan...