Jon S.
Separate LLC for each rental, if refinancing thru comm bank?
I have a couple concerns about single vs multiple LLCs: Is it normally better to put each rental in a separate LLC? This would cause extra bank accounts, filing costs and accounting fees each year; is it worth doing t...
Robert Carpenter
Hypothetical Subject To Deal
My seller has an FSBO house with an ARV of $530,000.He wants $520,000. He owes $290,000 with a payment of $2,400 PITI.He wants a Down Payment of $75,000 and a two year balloon.--------------------------------------...
Luke Anderson
Help getting out of a bad deal
I own three properties. One (the one I have had the longest), is a loser, and has been for a long time. It currently costs me around $1,000 just to own and operate while it is at full occupancy. I have thought about d...
Ricardo Cuza
New member introduction
Good evening! My name is Ricardo Cuza. My wife and I live in Englewood, FL between Tampa and Naples. We recently heard of real estate investing and have been steadily making the time to learn as much as we can on our ...
Luke Carl
So.... Is "Catfished" The Right Word?
[Short Term Rental]Scenario 1: Guest plants a DHH (dreaded human hair) in the refrigerator. Sends a pic of the hair. Wants money back.
Scenario 2: Guest says "The hot tub is dirty" "Ok no problem we're on the way to...
Brian Gibbons
Tips from Brian Gibbons re: Creative Financing
It is the spring and I thought I would give a primer on "creative financing" for the BP community.I will break it up into Beginner and Advanced.I will talk about well known and not so well known strategies.Beginner st...
Gayvonne Giwa
Occupant that does want to complete rental application or credit & background check
what is the rule of thumb when you have a primary applicant who completes the rental application and their significant other who will also occupy the property refuses to complete application and credit and backgrou...
Austin Negron
Single Family vs. Multi Family
House Hacking: Single Family vs. Multi Family
Goodmorning my sweet people. I hope you enjoyed your weekend. I wouldn't say Monday is my favorite day of the week, but it's certainly up there. Most of the days feel p...
Steven Wiltse
Multi family BRRRR in Michigan
Does anyone know of some good cities to invest in for multi family properties in Michigan?
Specifically looking for BRRRR properties.
Looked into Lansing, Jackson, and Westland/Ypsilanti but I fear the crime rate is...
William R.
How do you feel about flipping Condos? Who is the guru for Condos?
I have a lady that is interested in flipping condos, I've been taught to stay far away from condos.
How do you guys feel about flipping condos in this market?
Also who is the guru I can refer her to so that she can...