Joy Chambers
Buying land versus unit dwelling properties
Hello I live in Ohio just starting out and was wondering is there any advantages of buying land over buying units already on the land either single-family or multi family units?
Rivy S.
Initial vacancy-- how to classify expenses?
When you first buy a property, and don't find a tenant until after the first couple mortgage payments are due, how do you pay for those expenses? Do you pay those out of your own cash, and consider those payments as p...
Brandon Mattingly
Single-Fam 3/1 in Valparaiso, IN
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $150,000
Cash invested: $39,000
This is my first real estate investment!
I caught the real estate bug 6 months pri...
Easton Hill
What I did to prepare before taking the leap!
I think an underrated aspect of success in Entrepreneurship is your personal financial position!Hear me out:Before I decided to chase my dream of full-time entrepreneurship I did a few things that made my journey as a...
Lauren Shelly
Private Money vs Hard Money
Good Morning! Happy to be here and join this group! I am "new-ish" and looking to use more private money as opposed to hard money. (Im in Mass if that makes any difference) Any advice on where to look to find investo...
Mike Lowery
What to do when you need money on your personal residence?
Hello BP world!
I have been rather quiet in the last couple of months and have actually been focusing my time and efforts on a potential job opportunity that would be best for my family. With this opportunity th...
Ryan Halford
How to use LLC money from personal account for conventional loan?
Hello all, The following situation is concerning proper accounting and tax code.My understanding is that I can lend via promissory note to my LLC at a reasonable rate (I plan on applying the 10% rate that is charged b...
Armand Sepulveda
Finding money for repairs. Turning personal home into long term rental.
I'd like to rent out my personal residence I bought in Dec 21' with an FHA loan but I'm having plumbing issues. The house value is about 265k and the mortgage is about 215k. I have about 7k in savings but I was wonder...
Tom Server
Bill slip for envelope for money orders or personal checks payment
My tenants were used to paying cash, since the property manger used to live near by and would go collect. Now I am the landlord and live 2 hours away and switching the payment to be mailed to me by money order or pers...
Sophia Berry
Should I go Conventional or Hard money to build personal home
Good Afternoon,I am currently building homes as an investor using HELOC's I have acquired. Because the market is great I plan to sell my personal home and wanted to build another home for myself. I don't want to use m...