So much required for security deposits, it is a bit of headache for something that doesn't generate revenue.Depending on State you might need to deal with:Separate bank accountInterest PayableReturn on timeSend all in...
Hi I have some funds in my self directed Roth IRA . I am not sure if I pull funds from my account try to do a BRRRR strategy using Roth IRA funds . Is it permissible ? I plan to pay the self directed account loan onc...
Hello, we are planning on opening a residential assisted living (up to 8 beds) in Ohio. The Board of Building Standard Department informed us that we need to work with a design architect or engineer to draw the plans,...
Good morning REI gurus. I'm fairly new to the site and REI but wanted to ask for some insight.A friend and I are looking at purchasing an investment property in Houston Texas (where my friend currently resides). I liv...
Do you buy ugly houses? I have succeeded in negotiating a price for my first commercial property that made me quite comfortable. It is a mixed use building in a high traffic area. Currently it is vacant but one ten...
Curious as to what BP members are using for their property management software needs.Here is my criteria for selection of an online system 1.The best rental property software supports the property managers in handling...
I'm a newbie and am definitely putting the cart before the horse here, but does anyone do their own staging? I'm thinking this would be much more cost effective in the long run if you have a good eye for design. I've ...
Fannie Mae made an enormous announcement this week that impacts anyone seeking to house hack – they reduced their downpayment requirements on 2-4 unit properties to 5%. This is a massive difference from the 15%-20% d...
Getting ready to buy my first investment property, so I thought I'd be proactive and get pre-approved for a certain amount before I find a house to bid on. I contacted the big bank I have my primary loan with to see w...
I have a 3000sqft 7 unit apartment building under contract. Do I need a phase I, how much should it cost and what exactly do they look at? Can I use a residential home inspector instead?