I own several SFR Investment Rentals, and the Market for Rehab properties (Fix & Flip) in my area is very competitive. Investigating other potential sources offering a good return on funds invested. Anyone have ...
I have recently come across a foreclosed house with an ARV of $480,000 to $500,000. It needs $50 or $60,000 in updating/ remodeling. Has minimal deferred maintenance and I am likely able to purchase for $250,000. Howe...
Time to file your 1099 forms but not to everyone you pay. So start cleaning up your books and excel file to identify whom you have to issue the form.First you should have a w-9 form filled out by anyone whom you are g...
Hello, I began two flips pretty much one after the other, over leveraged myself. Rehab went as planned on both, however the first one was higher end and with the rates going up the buyer pool severely shrinked, second...
Our LLC has three properties in it. Each has a homeowner's insurance policy with $500K in liability insurance. Is that sufficient? Do we need another liability insurance policy for the LLC itself? What do you all re...
Hello all! I am reaching out the the BP community on a specific topic. OZ funds. If there is anyone currently involved in the Opportunity Zone Fund process to benefit from incentive programs to defer capital gains tax...
Hey guys, this week I plan on meeting with a lender for pre-qualifications. I want to make this step in an effort to get all my ducks in a row before I jump in. Any advice and what I should and shouldn’t say? What’s T...
Does anyone have experience with this company? If so, then please share your comments. Thanks!
I posted this in the multifamily forum, but probably should have started the discussion here. since it is a financing question. I have been investing for the last two years. flips and rentals. I have 47 units. I am...
Hi BP community,I'm finalizing the details on purchasing a multi-family home in the area and have a private investor/partner who will be primarily funding the project. Because of this, we have some flexibilty in how w...