Andreas F.
Pre-Rehab property in Indianapolis
Hello all,I appreciate if you can give me your assessment of the below deal.An RE company is offering beside turnkey properties also (as below) pre-rehab properties. This means I buy in the distressed stage, they do ...
Sunny D.
Roofer recommendation Cleveland
Folks
One of my rentals need a new roof. Can you please pass on some references. My GC had a roofer but has been unresponsive so looking for options.
Thanks
John Fiastro
Refinishing Hardwood Floors or Re-Carpeting
I have a small one bedroom one bath unit in a duplex that's coming up at the end of the month. The carpet is about 9 years old and has been shampooed for the last time. It will require replacement. The house was bu...
Adam Pervez
Cockroach found in one of my units
Hello,My tenant had notified me this morning that she had found a cockroach in the living room. We are having pest control come out to take a look into this. Has anyone dealt with this issue before? From what I hear, ...
Brian Ash
Looking for a Vendor List for Inland Empire
I am setting out to make a vendor list for Inland Empire (plumbers, electricians, painters, etc.) and I am sort of starting from scratch.Anyone in the Inland Empire area already have any that they have relied on in th...
Nick Peraino
401K Loans and Refinancing
I am considering taking a loan from a 401k for my first REI. I will be joint venturing with an experienced partner if I do so.
My question right now is:
Should I keep my 401k with Edward Jones or move it to somewh...
Ian Stuart
Freddie Mac SBL & Fannie Mae Small Loan Financing - Multifamily Apartments
In light of the recent 50bps rate cut, we're starting to see an uptick in requests for Freddie Mac SBL and Fannie Small Loan multifamily loan quotes. Given the recent pickup in activity, I thought this would be a good...
Colton Bridges
How to refi out of hard money loan/multi unit
I recently bought a duplex that I plan to convert to a fourplex. I used a hard money loan to purchase this off market deal.I rehabbed the upper two units within two and a half weeks and have a renter already lined up ...
Tanner Morrill
Profit Margin Professional STR management
Hey BP community! If you're a professional manager of short term rentals, can you please tell me what your profit margin in and how many units you manage, and are you paying wages to yourself or others? I'm starting a...
Chris Hamm
Is a Tax Return necessary for a LLC holding property w/ no income
Hey folks. I created a LLC to own a vacation property in Virginia. The LLC has 4 members. Each own 25%. We own the land and the house in the name of the LLC. We have never rented it, and never plan to rent it. ...