Dan Shelhamer
My 1st Rehab - BRRRR
I currently have 5 rental's, and am looking to move on to my 1st BRRRR deal. I have never done a full rehab before, and I got a quote from my contractor for $42,000 (3 bed, 1 bath, 850 square feet). He included all ...
Mahender Bist
Where to form LLC for legal protection - Business in AL, Living in CA
I am an investor starting my real estate journey. I am about to begin purchasing rental properties in Alabama (Birmingham) and rehabbing and renting them. Based on your experience or expertise, will an Alabama State L...
Kimber Lockhart
Cashflow Thresholds - What do you use?
In my rental deal evaluation, I'm doing a detailed analysis of income and expenses per property. I'd like to get some opinions from experienced investors on what cashflow thresholds they are looking to achieve. Here...
Isaac B.
BRRRR with no cash flow vs Flipping
Hi all ,
I’d like some advice on my BRRRR strategy
Currently the properties that I’m BRRRR’ing , at the refinance stage give me back all of my investment and sometimes more than my investment.
However many of th...
Ben Staples
Tenant with a sales job, how do I verify income??
Hi All,I'm new to the game and have a question. I understand the rule of verifying that the potential tenant's monthly income is 3X the monthly rent. A potential tenant seems like a nice guy, his application looks g...
Michael Lipsey
How to find a reasonable/knowledgeable Real Etate Attorney
I just purchased my company name and business information through legalzoom. Right now I'm currently looking for our first property but I first am looking for an attorney to have for the company. Everything is start...
David Beeson
Banks for a loan on multi-family units
Lets just say the terms were unworkable. 25% down, an extra policy to cover nopayment by tenants, and they were going to add an extra 1.25 to the rate due to Covid. Anyone else seeing crazy terms like this?
Jeff Salter
Need a commercial mortgage loan
First time posting anything on BP and also first time purchasing an apartment. I’ve been shopping around for a commercial mortgage for a 6 unit apt in NW Georgia. I’ve contacted multiple small banks/credit unions but ...
Nick Dunin
Just started out researching, have an opportunity in front of me.
So I just started researching real estate investing a week or so
ago. Been reading a lot here, watching a lot of BP videos on youtube,
spoke to several friends that are into real estate. One guy I know that
is ...
Omarwali Jones
Spokeo vs Peoplesmart vs Intelius
Anyone have any experience with one of three? Which one gives the most information on a search individual?