Brent M.
Creative offers for underperforming multifamily
I'm sending a LOI out next week for an underperforming 36 unit multifamily in the SE. Seller has it significantly overpriced, but the listing agent has given some indication that he understands the property's issues ...
Nate Mao
why a Hard money lender only fund to fund to Self-Directed IRA?
I have a deal try to get hard money financing. I have been told that as an individual without an llc or corp, they can only fund to Self-Directed IRA.
does anyone know why? and how does it work?
Paul Veronis
Key Indicators in Analyzing Rental Properties
Hello BP Community.I am trying to get better at analyzing rental properties so that I can buy my first investment property. I was curious what other investors consider to be a good GRM, Cap Rate, and Cash on Cash Retu...
Mike Dawson
Beneficial Owner Information Reports. Company applicant???
I formed an LLC last month and I have 90 days to submit my BOIR. My confusion lies around the term "company applicant". When looking for information on who the company applicant is, I ran across this info directly o...
Kenneth Davis
How to confirm the income of an applicant that is on Disability
I have an applicant for a a property of mine whom submitted information to a tenant screening service I use that his monthly income from Disability is $1500.00 monthly. My advertised rental that he wants is $475.00 pe...
Terry R.
Insurance
Hi Everyone,
My question is do you favor replacement cost insurance vs. rebuilding cost insurance? Also, if the property is destroyed and you have only replacement cost insurance do you rebuild or just sell the land ...
Sam Warrick
ADVICE ON LIQUIDATING RENTAL PORTFOLIOS
I want to help a good friend of mine liquidate 18 of his properties in Memphis. Any tips or advice will be appreciate! Thanks,Sam
Jasen Bankson
Probate - Represented by an Attorney
I'm working to develop a direct mail list of probates based on public records in the area and I'm finding that in the list a number of them are represented by an attorney (instead of the individual). In the cases whe...
AJ Aispuro
Received a Gift Loan From a Friend
My friend provided me a 200k loan to deposit into my newly created LLC. What are the requirements and or laws that I need to abide by when depositing money like this into my LLC account?
Heather H.
Most Overvalued Markets According to Fitch Ratings
Hi All,I just came across this list of the five most over-valued housing markets in the US according to Fitch Ratings, which are Las Vegas, San Antonio, Austin, Portland OR, and Dallas. If you live or invest in these ...