Grant Wieczorek
Buying a property for cash vs assuming a loan
I have come across a few properties where one would assume a loan as opposed to buying the property outright for cash and putting new debt on it. My attorney said this is a much easier process. Are there significant...
Mohammed Ahmed
Hard decision To Make
Hello Everyone! I can't thank enough all the people who helped me and answered all my stupid questions about how to buy a good deal and start the hold and rent investment! Now I am looking at two amazing deals for my ...
Felix Stone
LLC rental account or personal rental acct for general expenses
Hi All - Unfortunately I have lost trust in my CPA after reviewing my latest tax returns(they missed major expenses that I had to call out) so resorting to this community for learning and knowledge while I also look f...
Andrew Powers
House Hack in Metro Detroit - Completed
Investment Info:
Single-family residence buy & hold investment in Royal Oak.
Purchase price: $120,000
Cash invested: $20,000
This is my first investment property. In 2019 I bought a large singl...
Jonathan Julian
New software startup for contractors in CA
Conquering Chaos in Your Field Service Business: How AutoOps Can Be Your HeroImagine this: a disgruntled customer calls you, furious because a noisy technician woke their child during a recent service call. Now imagin...
Mariusz Lewandowski
Renewing a lease during Coronavirus
Hi everyone, I have a property in England (moved to Canada just over a year ago) and the lease on my property is due to renewal next month. Overall I had no issues with my tenant, and when my brother did an inspection...
Don Chambers
How do I hire a manager
Does anyone have any tips on hiring someone to manage rental properties?I have 26 properties and I am trying to step out of the day to day operations. It's not a full-time job but it's a lot off hassle for me because...
Christopher Brown
HELOC - Choose lower short term or long term rate
I'll start off by saying I'm a newbie. I love BP!My wife and I are looking to fund our first deal. We have ~25K cash and $75K in equity in our house and we are looking to use a HELOC for down payment and/or rehab f...
Corey Dutton
Partnering With Grandma on a Real Estate Deal a Good Idea?
One of the real estate investors I work with most frequently came to me with an idea last week. His grandmother has a free and clear mansion in the Hamptons, NY. She offered to get a cash out refinance loan against th...
Veronica Thomas
Owner Finance of 3 properties
My husband I and have been approached by a family friend who is looking to get out of his 3 single family homes (1 unoccupied, 2 occupied). He wants $250,000 over 5 years, so $50,000 a year in a one time payment each ...