Shane Gaude
Rental property question
I’ve purchased a investment rental about a 1 1/2 yrs ago. I used a Heloc to purchase the property and do some needed renovations over the past year. I’ve raised rent slowly for long term tenant that has been there for...
Trace Adams
Tampa rental market
Hi all, I recently posted about buying a rental in Tampa and got a lot of good replies. Since then I figured out since I meet the income threshold I could consider it a "second home" vs. rental investment so I could p...
Victor Genel
Multiple LLCs or have a parent LLC?
Hello. Need some advice on how to manage multiple LLCs. I want to group my properties by state with different LLC entities for each state. But I want my main entity to be a owner or holding (?) company. Is it worth...
Faisal Sami
Motivated sellers vs. turnkey properties
Would you rather acquire properties that have existing tenants and positive cashflow and use some cash and credit to acquire OR try to find motivated sellers and acquire their home SUBJECT TO their underlying mortgage...
Waqar Yakoob
New Rental property in Charlotte, NC area
Hi Everyone - Hope this weekend treats everyone well. I recently got into a real estate deal. It is a town home located in top school district in Charlotte area. I put 20% percent down with 80 financed on 15 year mort...
Jim Bryant
Leases, better to have or not?
I have four single family homes and have been renting them out without a lease. I started when I was 22 and I got some advice from my uncle who is a lawyer who said that "a lease gives the tenant too many rights, you...
Kevin Harrison
dictionary
It was a random thought that just came to me. I think it would help out a lot of the newer investors if BP had some kind of dictionary, something similar to WIKI I guess. Where we could go in and define what many RE w...
KJ D'Costa
MFs in the Midwest (Kansas City, Indy)
The Midwest is great market for SFH rentals. However, my preference is for small, commercial MF for several reasons, but particularly for the commercial financing (pricier, but don't have to deal with DTIs and propert...
Ryan T.
Creative Laundromat Financing
Hello- I was looking on some advice for creative laundromat financing. I know the go-to is always seller financing, but if I took a different route what are the best available options right now? The current laundromat...
Tom Smith
How easy is it to produce $1000 in cash flow from 100k with RE?
How easy is it to produce $1000 in cash flow from 100k cash invested in real estate? Where would I have to invest to produce $1000 in cash flow with 100k cash ? Are there any turnkey companies that I could do this wit...