Jack B.
I suspect tenant has moved two other people in
It was just supposed to be her and her two kids, and she said she was single, had no time to date, works 70 hours a week, two jobs, hardly home, etc.As I like to do, I drove by the unit recently, as I have the past 3....
Erik W.
BRRRR - How do you guys eat?
This question is for the folks who Buy cheap, Rehab fully, Rent, Refi, and Repeat (BRRRR strategy). I want to know how you make it work. Here's an example of what I'm talking about:Purchase price: $10,000Rehab (everyt...
Kevin Sobilo
Tax Repository Purchase & Tax Assessment Appeal (PA)
In Pennsylvania when a property doesn't sell at the Judicial Tax Sale (Free & Clear Sale), it goes on a list (Repository List) where it can be purchases anytime for a nominal price. When the sale is complete, the ...
April Higbee
private money lenders
Hi, i am having some problems trying to start out the family business. We have tried every finance company in the area and at least 4 different banks. They all have told us the same things on why we have been denied. ...
James Z.
Trouble with business plans and how the wealth builds/business expands
Hi all - I am working on establishing what I hope are realistic goals and trying to form a business plan around them. As I do so, and attempt to crunch numbers and look at listings for practice and to get a sense for ...
Daniel Collins
Unlicensed Roofer Did Not Pull a Permit Now What?
We just bought a foreclosure and had three roofing companies give us a quote. We went with one and asked if they were licensed and insured. He said yes and showed us proof of his insurance. He is almost done with t...
Maricruz Romero
Looking for a contractor
Hi BP,
I am currently in search of a contractor for investments I plan to make in Philadelphia through the BRRR strategy. Although I haven't acquired my first property I would like to get aligned with a contractor to...
Robert Steele
Gross income 3x rent too simplistic
I see this metric of gross income should be 3x or 4x rent and cannot see how this can possibly be useful other than a preliminary "should I even bother looking at this app".
I think a more useful metric would...
Michael Courtenay
Review of American Private Money Group, FMC Lending
Has anyone lent to American Private Money Group, FMC Lending who operate out of Burlingame, CA? I'm considering lending to them for RE deals and would like to know if anyone has had any dealings with them. If so, how ...
Michael Plaks
Tax reform Q&A Thread 1 - Pass-through and 20% deduction
Colleagues and friends, The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of pass-through entities (Sch C / Sch E s...