I just bought my first property and will be closing next week. I currently have an LLC here in IL that I gave a vague name to and planned on using it to make consulting money. Now, I don't do any consulting any more a...
I'm currently renting my home while I spend a year living out of state. The paper copy of the lease agreement states absolutely no alterations of any kind, although verbally I agreed to the tenant painting one of the ...
I'm a newbie and I've been working on paying down some debt in order for me to look like a good borrower with my first rental property. I want to know if it is a good idea to outsource all of the things that come with...
What’s going on Sac Town,I’m looking for your general thoughts on getting permits for rehab projects. What do you get permits for, if any? And when you pull them, are you seeking out owner builder permits typically, e...
Due to unforeseen circumstances discovered by the lender, I as the buyer had to ask the sellers to extend our closing date to the following week from 11/15 to 11/22. Seller agreed to extend if I terminated my unilater...
Hi BP,My business partner and I are having a real heck of a time getting a permit approved from the City of Atlanta to start work on a flip. Would anyone with experience getting a permit from the city be open to a qu...
Hi folks,I am planning a light rehab for my first deal in Kissimmee, Orlando. I need to replace the A/C and garage door. The place also has a fully enclosed porch that is not under central a/c but it does have a wall ...
Looking for advice. Last year, I bought a 3/2 SFR in Tampa, FL to fix and flip from a wholesaler. The house was in mid-rehab and was red-taped by the city for work without a permit. I checked with the city and they sa...
So bear with me - I'm no expert and am simply trying to help instruct others but also educate myself if I'm incorrect on what I know. I've been reading up today on a bunch of forums including this one and see WILDLY v...
Hi gang,
I'm just starting to look into/learn about commercial lending, and of course the terms on residential loans are typically better, sometimes by a large margin.
David Greene and other BP hosts talk about how ...