Michael Masterson
Purchase Option w/ Renovation Included
Has anyone ever had this scenario. A property owner has some issues with their existing residence [i.e. roof in disrepair, taxes in arrears, etc] and they personally are unable to obtain any sort of financing to fix t...
Cory Melious
Can you help me analyze a refi?
Hey y'allI'd love some input on a refi I'm currently doing. Here's the skinny - Bought a fixer upper 1 yr ago for $60k. It was assessed at $85k. I know that's not a good gauge of value, but it's what I had at the time...
Oliver Sparks
Multifamily fire alarms
Question for anyone who owns large multi-family dwellings:I own an apartment building in Kansas that has a central fire alarm system. If one person has smoke in their unit and causes the alarm to go off, the alarm in...
Account Closed
Add Someone to Title without Obtaining a New Loan
Not sure if this is possible: I am looking for ideas on how to legally add someone (or an LLC) to the title of a property without necessarily having to obtain a new loan.
The background: My partner currently owns a p...
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when closing or found the property
what is needed to finalize and what to look for? put it under your LLC or your name? what aspects to loof for to see a ROI - what is the formula,
Total Rent - (expenses/month) = Cash Back
is that a correct formula?
Hal Fitzgerald
BRRRR Newb: Confused about cash-out refinance?
Hi BP members,I’ve been reading up on BRRRR, and for the most part, I understand the basics. However, I’m confused about the refinancing part. Specifically, the cash-out portion confuses me. I'm familiar with the term...
Cristian Correa
Owning property in Los Angeles
Hi guys, so I currently live in Los Angeles, an expensive city and well.... I grew up here and have wanted to own real estate for a while. My parents own real estate here, and for them it brings them approximately 5,0...
Rocky R.
Attorney Charges - Any Thumb rules?
Hi,
Today I spoke to one of the Attorney/portfolio company which offered a free consultation to talk to me about LLC strategy and ofcourse understandably also as a sales call to get me as their client.
Basic Struc...
Will Sifert
What is the going rate for purchasing wholesaling leads?
I see a lot of people here have websites named stuff like "SellYourHouseFast-YourCity.com" which I assume most of you just work in a specific area. I have a lot of experience internet marketing and was thinking of bu...
Lisa T.
Beneficial Ownership Information (BOI) Reporting
It seems like the government website for the BOI is pretty straightforward. We've followed the advice over the years to have many LLCs registered in the state where the property is located and then just have a couple...