Bill Coleman
Value of a good agent (newbie info)
I have listened to nearly all of the 70+ BP podcasts and some investors use agents while others do not. I have found that as a new investor, my agent has been absolutely critical to my success. He was able to identify...
Carol Donaldson
Out of State Property Management - what to look for.....
Hi All,I'm looking to hire a Property Management company that is located out of State. I'm sure there are a lot of you that have experience with doing this. Can anyone provide insight in what I should look for in a...
Account Closed
What's wrong with my plan? Newbie in Charlotte
I'm just starting out. So far one of my goals (as listed in my profile) is to find an investor and partner up . Get a foreclosure in need of some basic repairs and do the repairs with my uncle who is a handyman, in a ...
If a potential tenant approaches you about Airbnb rental arbitrage, you may wonder if there’s a catch. Are you responsible for damages? What if you encounter a noisy guest? As a landlord, there are all kinds of pros a...
Parker Fairfield
Sell 1 motel, 1031 reinvest into several other properties?
@Dave Foster wrote a good reply to a different thread... I'm looking for clarity AND more advice30,000 foot overview-I bought a small motel in summer of 2017 for $435,000 ($135k down, $300k mortgage).Invested addition...
Drew Steusloff
Market Resaerch - Data Gathering
Hi BP,I wanted to reach out to the community for input on how they analyze potential markets and what critical data points should be looked at before considering to invest in an area. So far I have used Census.Gov to ...
Kavjit Durairaj
Partnership with three people on title, one person on mortgage
Hello Everyone! My partners and I are just about to close on our first single-family rental property. We are using conventional financing, and we are taking the mortgage on only one person's name. We are doing this so...
Chris Haas
Looking for 2015 Information on Property Taxes for NOO in SC
Interested in Spartanburg, SC and Myrtle Beach Area.I found some threads on bp about taxes being triple owner occupied and others saying it's 6% instead of 4%. Can someone that actually knows set me straight ?Hard to...
Account Closed
Working Capital (WCAP) vs. Seed Capital
From your experience is it more important to have working capital to pay for renovations or more seed capital to buy better properties. My goal is to flip a house and maximize the profit. I was advised that WCAP finan...
Charles Pope
HUD 223f loan - Accessibility Requirements
I am considering using a HUD 223f loan to refinance a 100 unit conventional apartment complex. As part of the closing process, a PCNA (Property Condition and Needs Assessment) will be performed to determine what repa...