Eric Williams
LLC Concepts Recently Learned
I thought I would share some new concepts I learned.
LLC as a Contractual Arrangement
So numerous cases have cited LLCs as "creatures of contract." One case described that contract as occurring between the members...
Lesley Resnick
Evicting attic apartment squatter - raccoon family
I have evicted for non payment, but never like this. The family of raccoons climbed into the attic through a hole in the soffit. Evicting them is going to cost me $1100. It seems high, but apparently they are known...
Zachary McDonough
Newbies: You Can Purchase 9 Homes in 3 years
Guys, getting started is rough!! I remember listening to every new BP pod, getting excited but sad thinking I am behind. Don't worry, you are not.I bought my first rental in March 2020. Now, I am under contract on #9....
Payal Z.
Orlando neighborhoods
Hello, I would like to purchase an investment property within 200K price range in Florida, and I am exploring Orlando area . I prefer newer homes in good neighborhoods that can generate good cash flow. I would appreci...
Mark Wood
203K FHA Loans - are they Unicorns?
I'm interested in doing a house hack with a 4-plex that needs some work. I'd like to the FHA 203K loan on this one, but I can't seem to find anyone who actually does them. Everyone knows about them and says that the...
Mauricio Ramos
Tax advantage on interest only?
Hello BP,I am working on a deal with a seller willing to owner finance a 6plex. As part of my terms, i am asking for 12 months interest only at first and then start paying off the loan to the seller with interest. The...
Anthony Sclafani
Shopping for the right HELOC.
What type of HELOC is best for the BRRRR method of investing? Should I be more concerned with a fixed, variable or interest only rate? What are the most important factors? Any advice would be greatly appreciated.
Michael Mortensen
Rental turned into Sale
Investment Info:
Single-family residence buy & hold investment in Sheffield Lake.
Purchase price: $60,000
Cash invested: $17,000
Sale price: $110,000
Bought a SFR from an online auction for u...
Matthew Taylor
Marketing to ugly A class properties
I am looking for recommendations/strategies for marketing to ugly properties in A class areas. I have found the properties from driving for dollars. According to deed research, the most recent transactions are typical...
Frances S.
outside pests
I have seen lots of discussions on pests inside the home but not on ones outside. At what point does nature become a landlords responsibility. I have SFR in Texas a rural setting. I think they wanted that rural life w...