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Hello,Seeking advice / direction. I closed on a SFH in December 2020.As all do, I qualified with multiple lenders seeking the best terms / interest rates. My credit score has been destroyed from this though, because e...
Goodmorning!I'm having issues with making this report. I am trying to figure out how to input my hard money lender info for the purchase loan. I put in the information, as it is a 6 month loan, and when I do I am gett...
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I understand ESA and Service/Therapy Animal rules for an individual apartment or home, My concern is that I have several 6 bedroom group homes I rent to University Students. All of those homes have a no pet policy du...
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Hello all,I'm trying to figure out if as a homeowner (not a business/self-employed) I would have to 1099 or W2 someone who helps me rehab my primary residence. That someone would not be a contractor or family member, ...
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Hello again BP community. I'm new and eager to get into REI for Buy and Hold BRRRR's mainly looking for cashflow in North Eastern PA. I met someone through a meetup group, and they recommend getting my investment busi...
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Hello everyone. Have a friend with the following scenario: Purchased 3 family house. Purchase price, rehab costs and holding equals $700K. Each of the 3 floors will be sold as condos for $350K a piece or a gross prof...
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New pro member here. I recently purchased my first investment property and I'm hooked! I am an investor primarily interested in short term rental properties, rentals, and BRRRR strategy. Early days for me, but certain...
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Corresponding with a person on an older location that has 25% vacancy.
Initial response:Your original issue is 1/4 vacant. Your steering the conversation towards online marketing. Attached is a checklist to work yo...
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If I want to buy and hold a property and would like to use private money, how are those deals typically structured? Do private investors want an equity stake? Provide a short-term loan? Long-term loan? Something else?
Standard practice seems to be a fixed deposit amount per unit, regardless of the number of tenants. While there are other factors and exceptions, more people generally can cause more damage than fewer people. I always...