Pat Jackson
Outfitting an Airbnb; economics vs. convenience
I'm considering partnering with someone to try and Airbnb. I'm inspired to try running an Airbnb long distance. https://www.biggerpockets.com/renewsblog/biggerpoc... This situation is appealing, as my partner would ...
Ross Renjilian
Architect + Development
Just wanted give this forum post thing a try! I am an avid listener of the podcast and decided to jump onto the forums.I am a local architect here in Chicago specializing in residential and small scale commercial / ho...
Account Closed
A good deal I suspect is becoming a lemon
I bought a property in Lakeland recently (3/1 925 sqft) . Asking was $85k, after inspection we agreed to $64k.The house was in rough condition but seemed manageable. The AC was working during the inspection but was ol...
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tenant hiring plumber
my tenant hired a plumber to fix a faucet problem, I have in the lease that the tenant consults me before any work is done on the house. and I have done all the repairs on the house up until now, I also have a $50 ded...
Account Closed
When should I create a site for my business?
So BP, I'm working on finding my first wholesale deal. In an effort to reach out to motivated sellers, I'm looking into a starting a website to create more traction to my business. Is this the right move to make even ...
Nuhan Demirkan
Accounting
Hello,
I have 10 single family homes as rentals. I opened a checking account for each property to manage its rent collection and to pay its expenses, ie: mortgage, maintenance, etc. Each month I scrape these accounts ...
Ryan Zomorodi
First Long DIstance BRRR! Foundation + Basement Water Issues REO
Hey BP Community-I'm working on my first BRRR - and it's turning out to be quite the challenge.1925 built multifamily property in Cleveland, OH, purchased as an REO (AS-IS, buyer assumes everything, no disclosures, et...
Account Closed
Deed Of Lieu Repercussion (Hard Money)
Hey BP,If I give my property back to my hard money lender in deed of lieu and they take the property back and rehab it, will this affect my credit score and stop me from getting a bank loan in the future? I tried to f...
Jerry Jones
Every offer is a multiple offer situation
I am looking for a house in Austin and every house I find that I like that is priced well ends up being a multiple offer situation. How do I handle such a situation? I usually offer about 5K over asking price. I...
Mike Cartmell
Structuring Partnership w/Realtor for flip
I would like to partner with an experienced investor to flip a property. I have connected with a Realtor/Investor who is willing to partner with me for my first flip. He has flipped many homes in the past by partner...