Alacia Mahnken
Buying a property with unpermitted work from an unlicensed GC...
Thoughts? Anyone have experience with this in Florida?
Details:
-Property currently under contract with a wholesaler at 76% of ARV.
-Rehab included new driveway, addition of bathroom and converting a room to bedr...
Daniel M.
Help Setting Up QuickBooks for Real Estate
Hey BP!
I'm diving into QuickBooks Online for the first time and could use some guidance. To give you a bit of background, I know very little about bookkeeping beyond managing my budget for the last three decades (ug...
David Robertson
Detailed Scope of Work vs "Turnkey" SOW Language
A recent forum discussion talked about how an investor's scope of work said to include "EVERYTHING" in their proposal to 'gut the property, buy materials and rehab per plan.' Long story short, the contractor did not ...
Julio Gonzalez
Cost Segregation Study on RV & Boat Storage building
If a Cost Segregation Study had not been performed on this $3,000,000 RV & Boat Storage Building located in Fort Pierce, Florida that was purchased in 2020, it would have had first year depreciation of appro...
Allison Meggison
How do I find out what type of foundation a house has
I’m 90% sure of the foundation of an abandoned house I recently found but how can I make sure without asking the owner or taking a tour ? I would like to make an offer
Adam Murray
All in One List for Rental Property
I wanted to start this off with asking everyone what list they use to plan for expenses on their rental investments. Basics like planning for taxes, insurance and destructive tenants are on every list but I am struggl...
Eric Northrup
Need Wisdom with starting out
Soo...Need Wisdom.
We have a property that we renovated completely with the hope of BRRR. However, we are having more and more opportunities to buy properties that are a little better in our buy box.
We are wrestli...
Natalie Kolodij
Tell me about a time when your LLC saved you...
We always hear about needing LLCs, Several LLCs, Heck- put every property in an LLC. I've never seen the flip side of that. I want to hear stories of when your LLC actually protected you and how?
Rodrigo Orellana
Getting out of a Hard Money Loan
I am new to this, I copied and pasted the template to help me write out my situation. I started listening to the podcast and the webinars before becoming a full member. After many hardships, losing my mother, my job f...
Ryan A Rodriguez-Wiggins
Rent to own experience?
Hi All,Does anyone have experience with structuring a rent to own deal? I am looking at purchasing a property for my cousin for her and her family to rent while they rebuild their credit. Goal would be for me to purch...