Kristen Ray
Residential Property Insurance
Hello BP!We are new to REI. We are currently forming a LLC and will start with flipping residential homes in our local area. We are considering using hard money lenders to finance a few flips. With that being said, wh...
Mary lou L.
Gift of Equity proposal- Has anyone done this?
I want to purchase my dad's house. He talked to a lender (he went through them to buy his last home a few months ago) and this is what he said:"Because you would be selling your home to a family member you can do some...
Jennie Kesselman
Ever heard of 'Full Service Industrial Storage?"
Im working with a client who has a very large industrial building and wants to rent out a portion. However, he also has overhead cranes, mobile cranes, and equipment for welding, and moving of heavy equipment.Essentia...
Alan Da Costa
industry terms based on occupancy
Hi Everyone,I'd like your feedback for applying new terms (or teaching me existing terms). So far, market reporting tools like Airdna use traditional industry terms, such as ADR (average daily rate) and RevPAR (revenu...
William Hiday
Best bet to secure financing for a new build rentals?
I know it's been discussed at length, but I'm looking for more insight with regards to the business model that I'm considering. Here's the set up and the items that I think I have checked off:1- I've made my living a...
Tod R.
How to Structure Owner Financing?
I'm considering owner financing in order to sell a rehab. I've read some threads on here but I've never used OF. So I'm looking for some BP advice:
Sales Price-$67,000
Down Pmt-$15,000
OF Loan-$52,000
Interest Rate-...
Stephen Olender
Newbie Reasonable Expectations?
Hi everybody, x-postI’m planning to start a real estate business with one of my good friends. He’s been a landlord on several multi-family units. He has the practical experience and I’m more of a numbers guy. I have a...
Alan Chambers
Fix and Flip Financing
I am a Realtor. I have a Ltd company for this business. I want to start rehabbing/fix and flip. Aside from hard money lenders etc how would I obtain financing through the business? Is it like a personal mortgage or is...
Stephen Grindle
Using a Self-Directed IRA to invest
Hey friends, I'm considering using a Self-Directed IRA to invest in a short-term vacation rental. So two questions: 1. Should I transition my current Traditional IRA to a Self-Directed ROTH IRA or keep it as a Self-Di...
Brandon Allenczy
First Airbnb Furnishing
Hey BP! I'm closing on our next property at the beginning of August. It's a unique property in that it's a SFH with a full in-law suite in the basement (2 bed/2 bath with full kitchen) and a separate addition that can...