Chris Seveney
Why jr. Liens can be problematic when in 1st position
This was a great question. Somebody asked me yesterday. They asked, “why do you care about junior lies when you are in first position?“There are several reasons why this is important:1. It typically takes away your ex...
Rea Cooper
Short term rental in an area going through gentrification
Question: Is a short term rental in an area historically riddle with crime but going through a gentrification/revitalization process a good idea?Context: Hey all! I am looking to get started in real estate via house h...
Shay Nolan
How to analyze and is this realistic?
Hello, I’m living out in the charlotte area. My roommate and I have our lease up in the middle of July. I’ve expressed interest in looking for a place to house hack. Not sure what resources I should use to make sure t...
Jocelyn Borg
Hello from a novice in Washington County, Maryland!
Hey there BP! My fiancé and I (@Tyler Lushbaugh - he should be along soon with his intro) decided to get into real estate investing this January after a strange but fortuitous string of events basically lit up a big n...
Ray Fleener
First purchase - an old house? 1925
First house I toured was built in 1925. It is a Craftsman Bungalow. I personally thought it would need a gut job (quite a bit of work overall). Hypothetically, if a first time home buyer were to purchase a gut job hou...
Adam Juodis
Property noted as 4 unit, but 5 different apartment units?
I am looking at a 4-plex, and got some additional information that wasn't on the MLS from the selling agent today. It's a 3BR and (3)2BR 4-plex. The current owners split the 3BR unit into a 2BR and 1BR with separate t...
Alexia McIntyre
Charting the course
New investor just moving into my first property. It's a single family house that I am adding a basement unit to so that I can house hack. I'm trying to determine what my next move should be and when. My goal is to rep...
Anja Brey
Turnkey companies for SDIRA
Hi BP, Has anyone used a turnkey company with financing in place to purchase RE in a SDIRA? If yes, which company have you used and would you recommend them?I recently heard about Ron Blum and Express Realty Company. ...
Jonathan Thomas
Starting advice?
Hey everybody!Im pretty new to real estate! A little about me, 19 years old, live in the Olympia area. I have wanted to be an entrepreneur my entire life! The end goal, of course, is commercial real estate. (apartment...
John Morgan
Rehab/contractor tax question
I got an estimate for a rehab from a contractor for 30k. Since he has a business, do I still need to obtain an unincorporated IC taxpayer ID number and file a 1099-MISC form with the IRS? Or since he has a business, a...