Joe Splitrock
CDC Eviction Moratorium is Misunderstood
There is some confusion around what the new eviction moratorium does and doesn't cover. First of all, the CDC eviction moratorium prevents eviction due to lack of payment until December 31, 2020. CDC derived authority...
Dallas Kidd
Let's talk mistakes, what is your biggest? I will tell you mine.
For me the bad mistakes cost the most money. And I am a contractor So I am going to go with a home we remodeled and the plumber rerouted one of the drains and never tied it into the main under the basement slab . So n...
Kelvin Lee
Drug activities in my property
I was recently informed that there was drug activities in one of the units. Also there have been vandalism and coin operated laundry got broken into that possibly related to the same tenant. However, the other tenants...
Terri-Leigh H.
Hurricane devastated our rehab!
Our 6 week full remodel was devastated by Ian today.We aren’t sure how much has survived. We lost comms with neighbors before the water was at our door.Lanai ripped off.Huge palm trees ripped out.That’s what we know s...
Ashanta Randolph
LLC Start up
Hi, I'm planning to buy my first rental property this year and was wondering the best way to obtain a LLC. I know there is legal zoom and companies like that but I'm not sure if this is what I should use to formula...
Chris Reynolds
The struggle is REAL!
I have been struggleing with writing this and asking for advise for some time now, mostly because I know the responces I am going to receive. Lets rewind 2 years ago when I was introduced to the BP family. I jumped al...
Joe Rodriguez
Federal Hill Providence
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Providence.
Purchase price: $320,000
Cash invested: $25,000
3 Family buy and hold deal in the Federal Hill area of Provide...
Christine Morrison
Replacement Cost Insurance
I could sure use some advise. A drunk drove into a pillar of my small strip center. Because the bricks are so old and unmatchable, my insurance company offered to rebuild the pillar then apply PAINT to all of the re...
Nicholas Fehr
Value-Add Fourplex in Atwater Village, Los Angeles
Investment Info:
Small multifamily (fourplex) value add.
Purchase price: $1,425,000Cash invested: $300,000 (inclusive of $20k rehab cost)
What made you interested in investing in this type of deal?
I'm starting ou...
Robin Simon
Question for Conventional/Non-QM Brokers/Lenders that do DSCR loa
For any conventional/non-QM brokers and lenders - if you do a full suite of products for investment properties, I'm curious to know how many deals start as conventional / or non-QM non-DSCR (such as Bank Statement, As...