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I contacted an attorney a little over a month ago to draw up a promissory note and a mortgage that I could use for a private money loan between my lender and I.Initially, he requested a $400 retainer to begin work on ...
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Hi everyone I am looking at making an offer on my first deal. I would like to have each tenant pay for their own utilities. I know some laws may require that certain things be set in place to have tenants pay for thei...
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Hello,So I bought a condo here a year ago when I moved down, and now it looks like I'm most likely going to have to move soon. I think I could rent it out and even if I hire a management company still breakeven or mak...
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I’m currently building my luxury STR in Gatlinburg and was curious about fireplaces. I really want a nice one but it appears most are installing very basic, much cheaper gas fireplaces because of ease of use and the ...
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Hello Everyone!I am currently planning on purchasing a piece of land and building a spec house on it to sell. I have already vetted the land with the city to make sure it was possible. I was originally going to manage...
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I'm just starting so I haven't come to this in my reading yet but I'd like to know the pros and cons to this subject. What situations make me lean to which solution? Thanks.
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Hello BP... I hope everyone is doing well and having tremendous success in their REI ventures. It is always great to be able to use an incredible resource like BP, and have the opportunity to benefit from everything...
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So, I've heard on the podcast that others have used credit cards to purchase properties before but I am having trouble figuring out how they got the funds off the cards to pay for anything. You see what my plan was wa...
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Hi All, I recently closed on 3r / 2b (each unit) duplex in Fayetteville Ark right near to the college. We were able to list it just as school was ending about 2.5 weeks ago. My units are moderately priced as others in...
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I have a property with a detached garage that's partially converted that I want to convert to a living space. I've talked with architects and contractors and have gotten either a lot of friction or >100k estimates ...