Chris M.
Focus Investing
I just read the quick article from @BenLeybovich titled Focus Investing on his website http://justaskbenwhy.com/ this afternoon and also listened to the BP Podcast with his interview (think it was Episode #6). Fo...
Jorge Ortega
Usefulness of a Real Estate License
Hey BP community, So i'm reading up on some of BP's material for newbs and I wanted to know the usefulness of a RE License for california. In my mind, a RE lic. would help by gaining access to the MLS, but doesn't one...
Jerry Hill
Renewing a HELOC Loan
Looking for some advice. I live in Northwest Arkansas, the home of Wal-mart where property values are seeing a steady appreciation. Last year, I bought a triplex and took out a HELOC on one of my other rental properti...
Kyle Jones
Foundation can't be perfectly fixed?
So I am looking into a flip that is listed at 75k, ARV is roughly 165k. (3/2 1650')
The foundation inspection/bid came in at $11,100, with the biggest spot being a 3" split from center to one corner. The issue with t...
Geoffrey Borgmann
Multi family properties
Hi everyone,New to real estate investing. Looking into buy and hold strategies for multi family properties in the GTA (and surrounding areas). In Canada, does 5 or more units qualify a property as commercial? I know t...
Jean-Thierry Aleman
Should I get a HELOC?
Hey gang, we just bought a condo (not our primary residence) for 50k with cash. We did this so that we could make a stronger offer than our multiple competitors who were offering more $$s but with financing. In any...
Janeen Bertolina
How would lender find out if property moved to LLC?
My mortgaged properties are not in an LLC because I've read that moving them into an LLC could trigger the due on sale clause. So my question is, how would the mortgage company ever find out? Should I only put paid ...
Brandon Abernathy
To Rent or Sell my current home?
I am in the process of purchasing a new home for my family, but I am debating if I should rent my current home or sell it. My current home is a 3 bed/2 bath (1350 sq ft) house. I have about $25k equity in the current ...
Tim Ivory
Flipping - As Is Value and Renovation Level Tiers
I was hoping for some insight on the as is value of a home. Say the house has a potential ARV of 450K, but needs 50k repairs. Is the As-Is value of the home 400K? What if the house has mold or something, could it be s...
Tom Pritchett
Ohio or Maine
I'm looking at investing in multi family residences in either Ohio or Maine. Having not invested in either, what are the pros or cons pertaining to each state?