Matt Faix
What to do once a property is under contract
Hi All - I have some questions about wholesaling, more specifically what to do once a property is under contract. I feel like I understand the basic steps and process of a wholesale deal (Advertise, get properties und...
Account Closed
To LLC or not to LLC? That is the question
Hello. I am a new investor and have not yet done any deals, but I am learning a tremendous amount on these forums and through the books introduced to me by this site and the members of it. There are still a few things...
Andre Chambers
Application of principles from Never Split the Difference
Hi BP!Just wanted to share a recent success story of my girlfriend in negotiating. I recently read Never Split the Difference by Chris Voss on the recommendation of a member. Instantly top 10 book for me as far as pri...
Jason Riddle
Categorizing transactions not related to a specific property
I have the following situation. I have two properties, each in their own LLC. If I have an expense that's only related to one property, say a utility bill, than I can expense it under that LLC. However, sometimes I ha...
Lucas LeBlanc
Home inspector messed up, possible insurance claim?
Hi everyone,We recently went under contract for a flip and are currently going through the inspection process. The chimney/fireplace inspection came back with major issues saying that it needs to be completely torn do...
Qamar U Islam
Lighting - electrician vs contractor
What do you guys prefer to use for lighting work, a licensed electrician or a contractor. Electrician is a little more expensive but I think it might be worth the piece of mind. Looking to add a whole lot of recessed ...
David F.
Co-op appraisal valuation
My solely-owned LLC owns a 10-unit townhome-style apartment building in TN. All units are identical. I am considering selling units off as they come available as co-op's. Its doubtful that the municipalities involved...
Michael Deering
Buying Rentals in Japan
Hi everyone, I am in Japan meeting with some agents. If anyone is interested in the Japanese market shoot over some questions and I’ll get them answered.
Jordan Meyer
Rental owners: do you care about property management fees?
There are some new discount property management companies that charge 5-6% (instead of the more typical 9% in Utah or California) and have data showing that they keep vacancy and rents the same as the 9% alternatives....
Kae M.
House hacking vs out of market
2021 Goal is to grow to 10 doors from 1, investing for cash flow.I currently own 1 rental in San Diego that breaks-even because I stuck my retired parents in it, it’s 60%LTV with $320k mortgage, worth $545k.I rent in ...