Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $123,000

Cash invested: $31,000

Contributors:
Remington Lyman

Buy and Hold that needs some r...

How often should I update my seller once a property has been put under contract?
Updates in regards to what’s going on in the inspection period or what’s going on with the title company.
Don’t want them to think I’m...

Our HOA board does not provide any narrative to the financials, the minutes only state that the treasure gave a report. There is nothing printed in the minutes as to the condition of the HOA. The own...

I have not seen anyone post about this yet, so I figured I would share some of the highlights after reading the 41 Page Document this weekend  with the new CO Warranty of Habitability Law Updates.I'd like to credit my...

Hello All!I have a single-member LLC which is currently classified as a disregarded entity for taxation purposes.If I add two partners as members to the LLC, what is the required procedure in order to update the IRS t...

Hey BP!
I recently purchased a GREAT deal in a foreclosure auction with a ton of equity up front. Closed right before COVID hit. Bought it knowing that in the state of MI, the foreclosed upon party has until Sept of ...

I have seen the question asked and not really answered...  Does anyone use the Housing Alerts system from Ken Wade successfully?  I had to turn off his webinar, I just can't sit through 2 hours of it.  I liked the inf...

Hello, I am in a position to make all cash purchases for rental properties (either turnkey or recently updated, NO rehab) using a HELOC. What is the fastest way to get that cash back to pay back my HELOC after purchas...

I understand there is a seasoning period for BRRRR method before you can refi when you use conventional funds to purchase the property... but what if I purchase and renovate using cash? Can I get a cash out mortgage a...

Hello BP,

I have multiple entities that own different properties and bank accounts with different percentages of ownerships. I currently use a spreadsheet to track my net worth because I can’t find an app that I c...