Nathan Killebrew
Scale vertical or horizontal....
When designing my business model I constantly ask myself what direction I want to go. Should you try a number of different methods and see which one works best or find one starting off and roll with it. I find myself...
Dee Xixi
How to buy REO from the bank
I was on Realty Trac and under the REO section i saw some houses not yet listed with an re agent but with a transfer value price on them. I wonder if i can contact the bank if they will sell it to me for that price an...
Alexander Gutierrez
Buying second property on one income
Hello,
I have gotten great advice on this website, so thought I’d ask a question and hope to get great informative answers!
So, I currently own a primary residence with an fha loan. I have 30 thousand ready to go f...
Rodney Lorenzo
How long should I wait to cross collateralize my first investment, for a second one?
I closed on my 6 unit MF last November. I'm looking to cross collateralize to buy a second property, but don't know how long I should wait. I'm new and many recommend newbies stay away from such loans, however, I don'...
Florent Breton
Multifamily Creative Deal in San Francisco
Hi BPers 👋I'm calling creative minds here to bounce ideas around a house hacking opportunity.The building: San Francisco based 3 unit building. I'm renting out one unit and the owner does not live on site.The opportu...
Chris Porter
Jacksonville Florida
Hey BP,A few months ago I posted about my upcoming move to Jacksonville, FL and now I'm here/settling in and I've got the itch to get involved in real estate. I've been educating myself as much as possible over the c...
Rick Santasiere
One LLC or Multiple LLC's
My attorney advised me several years ago to set up LLC's for each one of my rental properties to limit my liability in the event of being sued for any reason. It made sense to me that basically the tenant can only go...
Axel Ragnarsson
Becoming a hard money lender - lending my own money and investors
Hi everyone,I'm looking to get into hard money lending in multiple capacities (lending my own funds and lending other individual's/investor's money). I work with a couple of high net worth individuals who want to get ...
Linda Thomas
Annual rent increase question about security deposit
Hello everyone,I was curious on how you all handle the security deposit when you increase the rent. For example, I have a long-term tenant for 5 yrs when she moved in the rent was 800.00 and the security deposit was 8...
Robert Haworth
Private seller running multifamily under the table
Hi BP:Just had a conversation with a private seller who has a 1600 sqft multi for sale in PA. He was living in the house with a buddy and about a year or so ago he did a rehab that converted a 3/1.5 to a 6 BR/6BA. He'...