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Hello Friends! As a brand new investor I own two portfolio's totaling 11 properties consisting of 19 & 16 Units. Both portfolios are owner financed and in two different LLC's. I am self managing for now as I want ...
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I understand that IRA loans need to be non-recourse. I talked to a commerical RE lender who does the Freddie Mac Commercial loans and his sample loan doc has the following language:Non-recourse to Borrower and Guarant...
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Did you know that you can bank with some of the newer systems for property management?
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I am looking into installing a fire alarm system in a 7 unit apartment building that I own. I would like to do the work myself. I do a lot of the work myself on 1-4 unit buildings. Does anyone here do their own work ...
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Hello, I wanted to know whether you guys would work with Lowe's for a kitchen remodel or not.The advantage is I can use my Lowe's card to pay for it and will have 24 months no interest, which is the only reason I am c...
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Hello, BP!!
I am Austin Luke, a business owner and entrepreneur. Based out of Green Cove Springs, Florida, working all of the Jacksonville and surrounding areas.
I got my business jump on starting a landscape desi...
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Hey everyone,I have recently been approved for a FHA 203k standard loan of 650k. I’ve found a property that I would like to rehab in the Old Town Manassas area of Northern Virginia. I am wondering a couple of things…...
I am moving out of state and renting out my house. There is this stipulation in the Virginia landlord tenant law for nonresident property owners. It's confusing. What does the following mean:
B. Every nonresident pro...
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Hey BPers... Is it just me? I work fulltime, but all I seem to think about is doing deals, properties thats recently sold as comps, potetial deals, how to grow my network, etc. Starting to think I need to take a chill...
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I see a lot of posts with questions about whether or not to obtain an LLC or S-corp before purchasing a first rental but I've not found the answer that I'm specifically looking for.I'm looking to purchase our first mu...