Matthew Banks
Advice how to make handling security deposits easy
We have just 5 properties, but with turnover each year, it is very time-consuming to figure out security deposit refunds net of any deductions. We use a spreadsheet to track any deductions for issues caused by tenant ...
Nick Doria
Chicago lease to own a 4 unit building
A little background about me to better help everybody understand what I'm working with. So in 2011 I got out of the navy and went to a trade school to learn how to work on cars since I wanted to open up my own shop in...
Darionn James-Trigg
Should I be using Hard Money?
Investing in real estate can be expensive. But what if I told you that you didn’t have to use all of your money to fund a real estate investment. That’s where hard money comes into play. When looking for fix and flips...
Devin Howard
How to get unsecured money ?
Was wondering is there anyway possible to get my hands on unsecured money with a good credit score ? Want to do my first fix and flip, but I don’t know how to go about getting the funds to support it. Any feedback wou...
Kevin Lanphear
Buying a refrigerator and tablet for my first rental property.
I do not have an LLC and I am planning to buy a tablet to use for managing and a new refrigerator for my first new construction rental property which closes in late January.If I buy them both before my house closes in...
Steve Kirsch
Interest rates for loans from hard money
Hello BP Family,What rates are usually offered when obtaining a loan from hard money lenders or from personal relationships compared to rates from traditional institutions?Thank you.....
Amit Barman
Refinancing question
Hello,I apologize if this is a repeat question.I bought and renovated a property with cash, Now I would like to rent it out and refinance to cash-out. I purchased and flipped it for total around 30K, and it is apprai...
N/A N/A
stuck on my plan....
I'm trying to write a plan of where I want to be in the next 5 yrs and how i'm going to get there. Problem is, I'm realizing writing a plan is not as easy as it sounds. I have an idea of where I would like to be but c...
John Clendenon
How to structure a flipping partnership?
Starting to flip with a young go-getter. I put up all the cash and he does all the work. What's the best structure for such a partnership: liability, taxes, avoiding commingling with other deals, expense tracking, etc...
Tom Rockwell
House went back to bank at auction, now what?
Newbie here. Short version: I attended a local foreclosure auction and one of the houses I was interested in went back to the bank. Is there a way for me to buy it now directly from the bank, or do I have to wait fo...