David Taylor
Real Estate Agent Question
Good Day, fellow investors,I have been looking for real estate agents in my local market and had a meeting with an agent recently. The agent mentioned an exclusivity contract and I wanted to ask what everyone's take o...
David Taylor
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Looking at this property in MN. Do I take it down? Triplex with a Large garage - all four units rented at ...
Mason Aulsbrook
[Calc Review] Help me analyze this deal
View report
Thoughts on this property? This is a BRRRR property. Would you use the Total 80% from appraisal to minimize out of pockets which generates less cash flow or use less and more out of pocket for more cash f...
Account Closed
Incorporating in Canada
I currently own 2 income properties and closing in on a 3rd. Properties are not owned by a corporation and therefore rental income earned and taxed as personal income. It is my understanding that real estate revenue i...
Mark Nocny
Paid off rental duplex in LLC - how to use it to finance another?
Hi,Here's my situation:1) My mom inherited a fully paid off duplex with tenants in Florida - not the best property, not the best hood, not the best tenats... but never look a gift horse in the mouth!2) Mom does not li...
Cedric Jenkins
Is it impossible to overcome a minor mold issue?
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Amy Hu
Terrible PM and contractors-cautions out of state investors
A word to fellow investors from both coasts- too many liars and blood suckers waiting for opportunity to rip you off. If you're a working professional and haven't seen the ugly side of greed , traps, lying, betrayal e...
Michael S.
Bringing neighbors in for foundation repair on townhouse
Hi, I am evaluating a flip and wanted to get thoughts from the community regarding a negotiation strategy.
There is a foreclosed townhouse with significant foundation problems (40-60k based on 2 estimates). I...
Jem J.
THE Credit Report! ...for self management.
Hello BP! Anyone here who can give me the " how to" of credit report checks for prospective tenants? I am finally doing this on my own to avoid the high cost agent's fee. I have interested applicants for my June open...
Tyler Burk
Purchasing “Pre-Foreclosure” on Zillow
Looking for anyone to share their experiences with buying foreclosure homes on Zillow or in general. Any advantages/disadvantages to looking on Zillow? Is there a lot of maintenance? Other things to consider when look...