Jaren Woeppel
Business Plan for New Investors
Hey BP Community!My wife and I are getting into the real estate investment world and would love some support and advice from the BP community. We are planning to acquire around 20 units in the next 5 years through sin...
Mitchel Simpson
First rental. New construction add sprinkler system.?
Currently finalizing details on a new construction home as my first rental. House is 148,000 with sod and sprinklers. 141,000 without. I’m planning on zeroscaping the front yard and for sure having grass in the backya...
Saj Moradi
Need some advice on small townhouse portfolio
I have a small portfolio of 3-4 BR townhouses in Baltimore (edge of Charles Village) all located on the same block. My dad has been managing them for awhile now, but as he is getting older I may be looking to exit. Th...
Kevin Boyd
Luxury STR in the Phoenix/ Scottsdale market
I am considering purchasing a 5,000 sq. ft. or bigger luxury home in Phoenix/Scottsdale. Does anyone have any experience with this. Any opinions of a luxury home in this market would be appreciated.
Nick Rutkowski
VA Changed Their Guidelines on Mobile Homes...for NY
Hello Vets!I have a client who was suppose to purchase a mobile home on a VA loan with Navy Fed. It had its own private land, a brand new septic tank installed, and minor work my client was prepared to do. We had to p...
Justin Reyes
Renting to residential daycare owners
I have a rental that I’m renting to someone with a at home daycare business. It’s super good cash flow. Has anyone else done this?
Chris Adams
Indiana - How many people in a 3 bedroom home
I have a tenant right now with his wife and 4 kids in a 1680sf 3 bedroom home. Recently one of his wives children moved back home, so now there are 5 kids and 2 adults.
I want to confirm I'm not in violation ...
Nima Malboubi
For MF: Change the front door main entry way lock/knob whenever a tenant moves out?
If you have a small multifamily (let’s say 4-family apartment) that has a main common entry door into the building, are you supposed to change the lock whenever any tenant moves and then give all the tenants the new k...
Gerald Marshall
Operating under an LLC which is under an S-Corp
I have read where other REI's have operated under an LLC which is umbrellaed under an S-Corp for tax purposes. I am in the process of pulling my RE properties under a "business" entity to separate my personal busin...
Tom Server
203K LOAN? or Personal loan
Hello, I'm purchasing a rehab property as a cash deal. Im looking to do about 25k worth of repairs towards it. I would like to finance the repairs. Would a 203k loan work in this situation or do I have to apply for a ...