Dustin Mathenia
Buying a non preforming second lien with a non preforming first
Let's start by saying I am a newbie when it comes to not buying or selling. I am trying to get a feeling for what makes a good deal or a bad deal and the different strategies when buying a non preforming note. I'm loo...
Ryan Jacques
Advice - Line of Credit on a STR
Hello BP Family, I recently opened my first STR property, which is owned free and clear. I'd like to use the equity to invest in additional properties and received the below loan terms from my local credit union. I'm...
Joshua D.
Dad said Money with No brain forget that.
So me and my dad arent very close and we went out to eat and he just retired from army couple years ago. We got to talking about finances and he told me what he makes which was $175,000 a year out of the army working ...
Jay Hinrichs
how do you switch back to the old format this facebook look sucks
how do you get back to the old format.. one of the best features is you can go right to the end of the thread immediately this new format I think is going to really cause less participation.
Lyndsey Keller
SITE INSPECTION??? To run credit/background/eviction checks?
I'm so noticeably new to this. It's been hammered in my head to screen and check for these things. When it comes time to do it, I thought I'd enter the info, pay the appropriate fees online and be done (yes, I have...
Mark Forest
Carpet; keep it or pull it?
We bought a used carpet cleaner and my wife spends a lot of time going over and over the carpets that are already in the rental house we bought. She eventually gets them looking pretty clean except for the most recen...
Louis Schmidt
Where to hold license when flipping
Hey Everyone,I am new to real estate investing. I am looking at into getting my real estate license ( I am from Michigan) but am not sure where to hold my license so that I can practice but not be expected to go out ...
John McKee
What metrics do you look for when using AirDNA?
I have a subscription to AirDNA and I am a total newbie to this space. I'm looking at one property that projects the following data:$76K in Revenue, but Net is 48,369. Cap rate of 5.5%, occupancy rate is 64%. What ...
Jim K.
Kitchen drains - sink baskets
After years of doing this, I still get the odd surprise. All of us who do DIY rentals understand that one of our biggest saving points compared to the hands-off investor is the kitchen drain. To hit the high points:1....
Account Closed
Subcontractors vs Employees
Back in NY I was setup with a workers comp policy and had a handful of guys who worked for me. I used them for flips and rentals repairs. Since then I have moved to Pa and need to come up with a new solution. As I...