Hello BP,I wanted to give everyone an update on some happenings here in California. A ballot initiative is gaining steam to raise taxes on properties valued at more than $3 million. This could effect many owners. Prop...
My Fiancé and I are about to close on our first “Live-In BRRRR” but we are acquiring the property through financing. I know paying cash upfront allows you to extract that cash on the refi but has anyone done a Finance...
Hi All, I’m just starting out and, following the advice of a mentor, I’m trying to find an attorney who deals with real estate transactions and issues. I’ve reached out to a few attorneys and set up a few introduction...
GMAC mortgage sold my loan to Ocwen. Now Ocwen wants to change my cushion amount on my escrow account which is way too much. My question is does anyone know If my Initial Escrow Account Disclosure Statement when ...
My son and I have been researching house flipping (thanks, BP ...you are a wealth of information!). He recently received his real estate license, and we are in search of investors in the Asheville, North Carolina ar...
How did you look for funds for your first project?
Hello,My wife and I use the following questions to initially screen prospective tenants prior to showing them one of our units. What questions does everyone else use?Can you please tell me why are you moving from you...
Hi all,Happy New Year! Just purchased my first STR in Sevierville, TN. Closed mid-December and was able to get two bookings for the holidays. I know January and February are slow months, but looking for suggestions to...
First time buyer. I am looking at my first Off Market Mutli from a couple friends who have not put it on market. They have money and don't need the income. And they are tired of dealing with it. It is professio...
1. Do you prefer getting an LLC for your property or to use an Umbrella insurance? if either other then why? Which is normally cheaper? and which is the safer easier option in your opion?2. Do you think its smart to h...