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Hey Everyone!I'm a soon to be college grad in may. Have started a few businesses during college. All of which are growing well, however, I'm selling one (ecommerce store) to fund the down payment of a duplex. In this ...
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If you spend any amount of time around me, you will know that I’m a pretty positive kind of guy. I don’t like to dwell on the negative, and instead focus on whatever positives I can extract from a situation. I think t...
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Hi all,I'm new at this landlord gig and I have a bit of a dilemma. A tenant asked if they could adopt a pet; when I replied with the information regarding deposit and pet rent, I never heard back until I followed up t...
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For those who use a property management company, what criteria do you look for in a potential PM company?
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I was curious about this company who is offering me 80,000-100,000 from a line of credit. My fee would be $8-9k which would be taken from the backend. So basically,they would approve me based on my credit score. Then ...
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I am preparing to raise capital and I would like help understanding how to go about structuring and writing the terms of the funds.MY IDEA I want a $100,000 interest-only loan. I would invest this into a BRRRR. Then I...
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In 2019 I purchased a Duplex in New Orleans for $219,000, I was able to refinance during Covid to a 3% interest rate. After I left NOLA, I was able to rent each side for $1,295 through a property manager taking 10%. T...
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In the last year our little real estate company has submitted quite a few loan applications. We've received plenty of No's and just enough Yes's, but consistently the loan officers are impressed by our Finance Applica...
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Hi BP
We have bought an investment property update Ny. This is our firsts major rehab job and trying to follow some of the BP ethos when working with contractors is proving harder than expected. This is the current q...
Hello All,I recently bought and moved into a quadplex 4 months ago. After renovating and renting three of the units (while living in the 4th unit), I am wanting to refinance to pull out some equity and lower the inter...