BP - help me out here, as this is really throwing me for a loop —Everything I’ve read and been told says you need 20-25% down on investment properties ie: non-owner-occupied I’ve seen a few BPers in the deal diaries s...
Hello BP Community, I recently start investing in RE, I will own 9 SFH thru turnkey company's at the end of this year, I'm not sure if I'm ready to set up a LLC company for asset protection or just go with an umbrella...
Hi everyone,
A tenant is moving out and I noticed some damages such as dented/chipped door frame, possibly happened when he moved his furnitures in. I brought this up and he casually brushed it off saying something a...
hello!
I’m working or attempting to work with a contractor who wants $1000 deposit before he’ll give me a breakdown of the renovation. I gave him a list of updates and he quoted me 60-75k. I asked for a breakdown so ...
A new colleague of mine here on BP has asked me some questions via PM and I thought it was best to present his questions and my answers in the public forum for all to benefit from. This will also give him and others t...
Everyone please help me out I’m really confused. Let’s say a syndication deal or equity fund consists of an 80/20 split, 1% acquisition fee on purchase price, 1% disposition fee on sale price and 1% asset management f...
We're rehabbing a flip which includes a complete remodeling of the kitchen. So in a few weeks will need a full set of appliances: fridge, dishwasher, electric stove and fan. The spread on the house won't be very big, ...
I am considering buying a 3/2 SFR using a typical house hack approach with VA loan in Dallas. Shopping around for cheap escrow services. I don't need the title insurance, just a company to handle the settlement paperw...
I'm doing a walkthrough inspection of my rental property this week. My property manager and the Tenant will be there, as will be his 3 kids.
What kinds of things should I be looking for during this kind of inspection...
I am always puzzled why people allot 10% of rent for maintenance... I've talked to so many people and read so many posts of situations where the allotment is 10% regardless , eg.Imagine a situation where the rent is $...