Ludmila M.
What are your startup and operating costs?
Hi everyone,First, thank you to everyone for making this forum such a useful resource. This is my first post, but I was using BP for a while and learned a lot from all of you. About myself. I am starting my business o...
James Wise
Best Practices when buying Out of State / Turnkey Rental Property
I find myself answering the following question(s) or at least a version(s) of the following question(s) multiple times a week.Q. What should I look for when buying out of state?Q. How do I get started investing out of...
Matthew Banks
How to manage expenses across multiple properties, LLCs, partnerships, etc.
Hi, we manage properties in a partnership and in a couple LLCs. We have Lowes and other accounts to purchase materials for repairs or renovations. Those expense accounts need to be paid with funds from the correspondi...
Mark F.
I'll never buy a Kwikset deadbolt!
Long story short, I got locked out of my apartment for over 2 hours last night. The 6 month old Kwikset deadbolt wouldn't turn all the way. While waiting outside I googled some stuff and came up with people saying the...
Alan Asriants
Taking on a major construction project in 2025 - What are some common hurdles?
As the title of the post mentions, I am taking on an extensive rehab this coming year and am really excited for it!
This is a twin home in Ardmore - which is an amazing area, and I am really enhancing the property.
...
Jeff Filali
Purchased 3 more properties this week to rehab...BUSINESS IS GOOD
Business is going well already in February. Purchased 3 more SFR's this week to rehab and put back on the market in March. Deal 1: ARV $70,000 Needed Repairs: $10,000 Purchase Price: $38,000Deal 2: ARV $60,000 N...
Anthony Ogletree
Assignment of Contract vs. Consulting Agreement
Can someone tell me what is the difference between an assignment of contract and a consulting agreement as it relates to wholesaling. I have a potential deal lined up and it was my understanding that I was to just ...
Jeff B.
AirBnb & STRs coming under regulation/restrictions
Malibu, CA joining the frey on STRs:A very typical response to STRs ( according to patch.com) is The Council is concerned that people would buy property in Malibu for the sole purpose of renting it out on services su...
Brook Alexander
Funding for ADU in backyard of Primary Residence
Hey everybody! This is my first posting in here. I’m hoping to get a couple different perspectives on a particular strategy, so I’m looking forward to any and all advice offered! My wife and I are looking into buil...
Nick Ferrari
3 Questions of a new Landlord
Hey Everyone!,I just recently bought my first rental and i've got some basic questions. Any help regarding below would be GREATLY appreciated. THANK YOU!1.) What do you suggest regarding a pay schedule for tenant. ...