Erwin Miciano
Question for the Investors Who've Gone Through Multiple Cycles
Hey BP Vets,I've been thinking with everything going on and right now being a time to really reflect on what I'm going to do with my team in the next 10-40 years. This being my first downturn as a young investor, I am...
Jeff Plotkin
BRRRR: Cash Out Refi or HELOC?
I have a BRRRR property that was purchased and rehabbed with all cash. It is almost done with rehab and will be listed for rent this coming weekend. I was wondering if I should get a HELOC to access the equity faster ...
Isaac Gwin
Landlords charging guests rent?
Backstory: I’m visiting my brother in Hawaii for 2 weeks, 13 nights. I was informed that his landlord wants me to pay $45 a night. However, my brothers relationship with my landlord is very informal. There is no lease...
Ryan Moran
Hiring a handyman/leasing agent???
Hi everyone! I have a quick question regarding hiring management while I'm out of state. I have an acquaintance who is an experienced handyman and a true professional. I ran the idea of having him fulfill some mana...
Malar Subr
EMD Given-Prop near Brio Superfund site- Want to backout- Houston
I gave a new home builder an EMD of $2500 check and the site is less than a .5 miles from Brio SUperfund site. My check is still not cashed. When I did research online, I do not feel comfortable in buying a property v...
Sarah Brown
Live-in Rehab now cash-flowing duplex.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $125,000
Cash invested: $25,000
Property was a complete rehab. The individual was losing to the bank and on...
Navid A.
FHA Loan but never moved in, what happens?
I was asked this question today and I didn't have an answer so I wanted to reach out on BP and ask here. What would happen if you buy a home using traditional, FHA, or VA financing but decided not to move in after clo...
Michael Ndjondo makadi
Does it matter what state where you open an LLC for a flip?
Quick questions to experienced flippers:1. Does one have to register an LLC here in CA for a flip in San Diego, CA?2. If yes, does one have to pay the 850 franchise taxes for a flip on a property that is held for less...
Andrew Joseph
What do you use to analyze 6+ unit multifamily deal?
Hi BP community,I am searching for a simple analyzer for 6+ unit multifamily deals. Previous one was overly complicated for money partners to understand. Need something that will also show potential refi period. Than...
Jamie Gomez
Have you guys submitted an offer on a home before looking at it ?
I'm in the process in buying my first property. Got about 16k saved doing fha. I'm finding a few decent deals that I like but I think looking at every one is time consuming. I just want to know if its a good idea to o...