I'm a new investor and am working toward my first non-performing note deal, but of course it's not straight forward. The numbers work for me and I'm working through my due diligence, but I won't be speaking with my a...
Hello All, I have been viewing some of the topics online and listening to the podcast, but so far this is my first post! I was hoping that I could reach out to the BP community to get some feedback on the best way to...
Hi guys, I need some advice and I'm a little shaken up. Today I received a notice from my HOA that my assessments are past due with a balance of over $3K. The thing is, I've never received any kind of a bill from them...
I am trying to practice analyzing deals but I always get stuck when it comes to renovations. Is there a standard or rule of thumb to estimate renovation costs? I know every property is different - does anyone have any...
I am looking to offer on a multi family property. Currently the owner pays electric for each unit (10 total). Each unit is separately metered and I would like to get them to pay for electric themselves. Looking for ad...
So last week we closed on a single family that we plan to rehab and resell. I mentioned in an earlier post that I've begun working with an investor in my area who has agreed to take me under his wing. As a way of help...
I’m in the process of acquiring my 4th STR, and for the first time plan to furnish and manage the property. The first three properties were all setup by the PM and I felt sometimes there were unnecessary items at the...
Hi BP fam! I am an active development manager that focuses on the construction and design management for 150+ room hotels on the West coast. I have been in this field for nearly a decade and feel that it is time to pu...
Soooo.. this is a complicated topic.
Complication #1- The tenant is a family member. Don't worry, yes, I had them sign a lease, a mold addendum, rules & regulations, and an addendum for drug-free housing...
Hi EveryoneI am trying to maximize self employed tax deductions while only deducting expenses that can be later be rolled back into my income by lenders. I know it is a balancing act for self employed people. So far I...