Devan Dorzok
beginner mistakes to avoid
Hi everyone, I was wondering if anyone has some common mistakes to avoid when first starting out in long term multi-family rentals. I am currently looking at a multi-family foreclosure that needs about 60K in repairs,...
Joseph Braun
Should I avoid Baltimore?
My partner and I are just starting out with RE. We are looking to do LTRs in the MD area. Currently every property we are seeing just does not have enough ROI or cashflow, except in Baltimore. We are finding propertie...
Michael Roberts
Avoiding a 20% down payment?
I'm looking to purchase my first rental property. I'm curious if there is anywhere I can get a loan on a investment property without having to put 20% down?
Account Closed
Avoiding Foundation Issues with Sprinkers?
I'm currently living in a new-build home that I may be putting up for rent in a few months. One concern I have is that if tenants never water the lawn, there may be foundation issues at some point in the future. First...
Craig Mottley
How to avoid Capital Gains
My company loaned funds to a buyer and now the buyer would like to give back the property due to special circumstances. I would like to keep the deed in place (avoiding 90 day rule) and list the property without fund...
Marysue Connelly
how to avoid a lawsuit
HI, I am looking to move my rentals into a LLC. I would like to hear for anyone who has been sued. What worked and what would you do differently if you could?
Corey Dutton
How to Avoid Lending Scams
Mortgage scams and other lending scams are common in today’s tight credit markets. Banks aren’t lending and everyone is looking for private money loans to fund their investments and businesses. When the market demand ...
Carrie Jones
Advice for Avoiding Opportunity Costs
To be frank, I am note broker by trade. However, I have about 500 requests and mounting from buyers/investors who would like discounted properties in their city and state. However, I have 0 inventory in their location...
Jillian S.
Avoiding Capital Gains on Rentals
I'm reading conflicting things regarding capital gains on rentals. According to the IRS site, it looks like one can live in a rental property for 2 of the past 5 years, even if that property was acquired as a 1031 ex...
Ethan Aurellano
How to avoid Bad Mentors
Good day, BP Community,
I'm currently reading chapter 4 on the "book of rental property investing," and I came across the part when Brandon said that you must "Build a relationship by offering value" and Give more...