Jacob Walls
Need help naming LLC
I’m in the process of buying my first duplex to house hack. I plan to buy more income properties in the future and it seems like it’s the best idea to start a LLC after discussing with my accountant. Is there is namin...
Michael Herr
No thinset under cement board
Just went to inspect some work and noticed they weren't using thinset to lay down the cement board under porcelain tile.
When I asked the contractor, he asked his flooring guy who had been doing tile for 25 ...
ERIC E
anyone getting BOA approvals on their short sales?
Since they instituted a clause in their approval letter that says they will rescind the short sale transaction if the property is resold within 30 days . This is provision # 10 in their short sale approvals which is p...
Account Closed
Why Brethren of the Buy & Beholders Church want to burn a heretic
Buy and Hold is promoted by most property investors as the Holy Grail. How can so many people with money be so wrong?Although many created their investment capital by wholesaling houses they now choose to become inves...
Rob Block
Funds/syndications for private credit
Hey all,
I was planning to purchase a small MF property in San Antonio, but have had trouble finding anything that would have much cash flow, even if I pay over 50% in cash. Rate caps are around 5-6 for 4-plexes in ...
Craig Dieterich
First purchase...Did I screw up?
I found a small, fully remodeled duplex for $35k in a depressed area of South Carolina with good renters in place bringing in $900/mo in rent, but it had to be a cash deal because it was slightly over appraised price ...
Brody Veilleux
House Hacking Combined with BRRRR
My plan is to buy an undervalued MUP with an FHA loan, fix it up, rent out the other units while I live in one, then refinance it and use the year I’m required to live in the property to build up my down payment on th...
Account Closed
Can I reject an applicants request to withdraw their withdrawal?
Lol no this is not a riddle. I actually had an applicant that was going through the screening process with the HOA of my community request to withdraw the lease agreement. The applicant did not want to wait any long...
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Rob Ferdinand
Boston refuses to cash flow
Hey, everybody,I'm not quite sure if there are problems with my calcs, or if everything I find on market are simply bad deals. Please let me know if I'm doing anything wrong here? Here's the details...I plan to use FH...