David Wooten
First Deal - Advice Requested!
So I had someone reply to an ad my wife and I put out a few days ago.It's a 2/1 but has a toilet in the basement. Basement isn't finished, but in good condition with two egress windows. One could be built into a bed...
George Liu
Credit unions vs. banks vs. brokers
Looking to do my first MF deal, but there seems to be a wide variance in rates - anywhere from low 4s (brokers, but charge an additional closing cost) to high 6s. Where are folks finding the best combination of rates...
Rich Weese
Here are my thoughts on the BP Site!!
Josh is probably scared to death to see this opening line!!. Not to worry. Let me say it first. This is a great site. I don't always understand or know all the rules, but I play by them. When I have something pointed ...
Johnny Duke
LLC vs S-corp in Oregon
Hi everyone, We are gearing up here in Oregon to re-brand and reestablish our business. I (Johnny) have been operating as a sole prop and carpentry subcontractor for the last few years, but am planning to move into fl...
Erwin U.
Landlord Responsibilities on Repair
Hello, Frequent visitor to this forum to learn about landlord for the last few years and have a few rental properties in DFW area. However, this time I need some feedback from other landlord. I understand that landlor...
Bob Malecki
Are fractionalized deed of trusts allowed in Washington state?
As I recall WA does not allow fractionalized deed of trusts for real estate, but a friend of mine actually participated in one as a lender on a 4-plex investment in Seattle. The borrowers stopped paying him so he want...
Erick Garske
CPA Comfort Letter
My lender is requesting a CPA comfort letter. Has any had experience with a lender requesting this type of document from their CPA? Has your CPA been reluctant to provide such a document due to the perceived liabilit...
Nick Benjamin
How do you source property leads for investing?
Curious to see how investors are finding deals in 2023. What ways work best and which ways are not as effective? Let's discuss!
Steve Cook
First Investment Property Evaluation
Hi guys,
I'm running the numbers on my first investment and wanted to get your thoughts. It looks like a great deal to me from a numbers perspective. I'm a buy-and-hold investor and am not concerned wit...
Brian Warner
How would I get paid to develop land?
I am a Real Estate Agent, and I would like to start developing land in NY. I would like to get a group of investors together, but my question is how would I get paid while the project is under development? I know that...