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Hi my fellow BP members!Like many others, I lurked on the forums for almost a year and listened to almost all of the podcasts episodes (during my long work commute in bay area CA). I naturally felt this urge to intro...
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I am looking to do my first long distance deal and I am struggling with how to estimate rehab costs. I am decently confident with estimating cosmetic changes. Many of the homes Im looking at will need structural as we...
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Hello Fellow REI Enthusiasts,
I have a simple question for you. If I refi my current FHA residential town house into a conventional loan, how soon can I get into a new FHA for residence? My goal is to keep my 3bd - 2...
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I spent $16,444 renovating this 3-bedroom apartment at one of my properties.Here's the breakdown:- Kitchen faucet: $76- Thermostat: $30- Bathroom hardware: $34- Toilet: $94- SS stove: $250- SS microwave: $150- SS frid...
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Hey all,I am a new investor who has yet to close on my first deal. I found a 6 unit property that should generate enough cashflow to satisfy my goals. I am wondering if it is unwise to purchase a property from the p...
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How does a non-recourse loan work with an IRA or Solo 401K? I understand that the bank requires a larger down payment than for a normal mortgage because they can't recover money from the IRA in the event of a forec...
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Hello everyone and thank you for taking the time to read this. I hope your business is doing well? As a new REI, I have heard and read about several different ways to evaluate a property. I am interested in hearin...
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Good Afternoon Investors,When quick screening potential BRRRR deals, many variables can be found online such as after repair value, market rent and property taxes. The rehab cost is more elusive. Is there a way to q...
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Good morning everyone!
I am wondering if there is anyone out there who would be interested in mentoring me to help build upon my understanding of forming a Limited Liability Company.
A bit of background about mysel...
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I'm running through deals with the Rental Calculator and it recommends talking to an insurance agent. I get that I would need to do that if the numbers are close enough on a deal to get serious about it, but are there...