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Hi, I am looking at properties in Memphis, TN and/or Middletown OH (based on recommendations of reputable Turnkey operators: MidSouthHomeBuyers and Missy McCall.My first question: are both operators as reputable as I...
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Hello All,First time home buyer here. I ran a search and couldn't find anything in greater detail about earnest money refunds.My current situation:I am in cancelling a home purchase due to all items on the amendment p...
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I've flipped a dozen houses but no longer have my original go to roofer. I'm getting bids from GC's (example: $6400, $6500) and found another guy off of facebook for $5400 (supposedly insured). My question - do you th...
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Hi BP community!Are any of you contributing to a self-directed IRA? What company do you use as your provider/custodian? I currently have a 401k with a small match through my job but I do not think that will be suffici...
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Guys,I have a couple long term rentals and was interested in maybe diversifing into a vacation rental next. I don't have any interest in managing it myself. I currently work with an excellent property manager that...
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Hi Guys,I recently purchased a property. A tree fell on the roof in 2018 and it was replaced via an insurance claim. The seller used a public insurance adjuster who hired and oversaw the replacement. It came with a 10...
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I think this is a good deal and a good bank to work with. Just wanted some feedback. The terms are as follows: 20% down commercial 3.5% 5/1 ARM 20 year loan. Loan gets adjusted every 5 years and will not be raised ove...
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As posted in another thread, I had bad tenants that are being evicted. They stopped paying rent and, according to neighbors, moved out early. Among other things they left two mattresses strewn about the property and o...
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Aloha BP! I've heard the term OPM a number of times here on BP. How does an investor structure deals where the "other person" can gain from the deal as well as the investor? I'm nowhere near this portion of the proces...
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Hi there, this is Asif, currently residing in St. Louis, MO. I'm a psychiatry resident who hopes to become a REI in a year or so when I have excess cash to burn. Looking to learn from the community. Thanks for the opp...