Christopher B.
Roofing is hurting my BRRRR
We purchased our first Investment property, and it was a decent 4 unit deal. The seller, a realtor, was asking $99K, we offered $80K, and landed on $86K. Marker value was ~$108K. After our repairs and improvements,...
Gil Nahmias
Renters caused damages higher than security deposit - Use insurance?
My renters caused damages where fixing is about 10x the security deposit. How can I fund the fixes: Do I bill their insurance? Do I sue them and they bill their insurance? I've never had to deal with this situation so...
Dave Lamattina
Bed bugs anyone?
So one of my tenants decides to make a complaint at Board of Health on me without even contacting me first. So of course they go in and find a whole list of violations, most of them typical which I would repair anyhow...
Kim Frantum
Bidding on tax auction property
I’m thinking about bidding on a property at a state tax auction. It’s a solid investment, Northern Michigan cottage with lake frontage. It will be a great STR for all four seasons or a quick flip depending on how high...
Bryan T.
Why do people not just rent their rooms out to prevent foreclosur
Why do people not just rent their rooms out to prevent foreclosure? During the 2008-2009 housing crash, why did people not just rent out rooms to prevent foreclosure?Why do people now not just rent out rooms to preven...
David Corvin
Terms Defined
I've been running across a few terms that I get the gist of, but could use a little more clarification of if anyone is willing?
1) Holding costs - What ALL does or can this encompass?
2) Opportunity costs - I gather...
Lucero Sanchez
New partnership does his land need to transfer to new llc?
Hello BP,I hope someone can help me with a question I have.A friend of ours recently got his GC license and asked if we would like to open a business building spec homes together. We agreed and have now opened up an L...
Account Closed
Countless Fidelity Accts Showing Zero Balance - Where'd money go?
Just when you are at the top of the world - your money disappears.
So, do you still trust electronic transfers and accounts? Hmmmmm?
https://www.zerohedge.com/mark...
Countless Fidelity Accounts Showing Zero Balanc...
Michael Malloy
Question about multi-family lending restrictions
I'm looking for a wholesale (duplex) multi-family to purchase in Texas that I plan to owner-occ once the rehab is complete. I don't want to lock up all my cash and would like to refi out of the hard-money loan at 90% ...
Mike Schorah
If you’re doing a JV, do you apply for HML separate or together?
If you’re doing a joint venture, do you apply for the hard money loan separate or together? And why?