Kristin Towle
How exactly does one set up financing with private investors?
Hi! My sisters and I are forming a partnership and buying rental properties. We want to find some private investors to finance the down payments, in the form of loaning money to us at an annual 10% or so rate. How do ...
Eric Hathway
What are the risks of renting to a tenant with a dog?
I just bought a 3 family home and need to fill 2 of the units. I have one applicant with 4 children and an applicant for the other vacant unit with a black lab.There is a fenced in yard all tenants would share.What do...
Nitanth Vangala
Nonconforming unit in a multifamily property
Hey guys, I was evaluating a multifamily unit that has 6 units plus a nonconforming studio unit which is currently being rented out. The questions I have are as follows:
1. If I plan to buy and hold and not have any ...
Cory Binsfield
Quick tip: Watch for Craigslist Scammer's Hijacking your Ad
Just a heads up for all the people out there who are advertising their units. There are some surly characters on Craigslist that like to steal your ad and entice people to send them money. The typical scam is the tell...
Kellyn Cameron
Househacking in Charlotte, NC
Hey everyone!
My name is Kellyn. My husband, Daniel and I are closing on a townhouse this month just outside of Charlotte, NC in Huntersville. I am a nurse and my husband is a pilot and our plan is to start househac...
Jimmy Chao
To use insurance or not?
Main sewer line on one of my rentals is backing up. Going to cost around $5,000k. Is it worth having insurance cover this?
Abby Flynn
FHA Construction to Permanent Loan (NJ)
Hellloooo BP community,
I recently moved back home to NJ and have been on the hunt for my first property. While I am fine renting while I search for the right investment, my dream would be to build (for my own perso...
Janice Viescas
What to include in a Lease
I am going to hire a property manager for my house, and I am assuming he has a general list of what is standard. One of my concerns is smoking and having a quiet tenant. Can I say that there is to be no smoking (insid...
Bill Krenz
Flipping houses inside self directed Ira
I’m looking to flip some house with my self directed Ira. I will loan the money from a private lender through my self directed account. Seeing what the proper way to set it as for ubit tax if that applies and how peop...
Jeremy Karja
Who is the best for a SOLO 401k and why? How can I use it?
Hi BP,I want to roll my ira to SOLO 401k because it sounds better in most ways to compared to self directed IRA. Mainly for the control and sounds like less expensive. This IRA is about 65kMy 2 questions are:1. Who ...