Marcello Pirrelli
LLC when starting out
Hi All,I'm starting off in the real estate investment realm and wanted to solicit some insights to LLC: best strategies, good tips, if there special considerations (i.e. currently overseas for work), and reliable onli...
John Ciallella
Can I buy in my name and transfer to LLC?
I have my first property under contract and my loan officer has been working with me for a couple weeks. She has the contract stating I will purchase under my LLC, however now she is saying underwriting considers it ...
Jamey Newman
Florida investing
I'm a new investor and I'm actually looking to relocate to the central Florida area soon, but I'm hearing a lot of negative things about super high insurances (flood insurance and sinkholes). I know that Florida insur...
Alfonso Aramburo Zepeda
Any advise before closing the deal?!
I plan on live on that property for at least a year, 2 years Max. doing the repairs in the meanwhile & taking advantage of FHA Loans.
My lender tells me I can refinance after a year and should first refinance to ...
Cale Delaney
Increasing your NOI with Creative Strategies
Hi Everyone, I wanted to share some creative strategies that have allowed me to increase the NOI on our first multi-family property by an amazing 105% in only 5 months of ownership using some creative strategies I lea...
Ismail Sogbaike
What, why would i need to call an agent?
Let’s say I’m calling an agent for the first time, what des the call consist of intially, am i giving them my property criteria so they can look for it? Am I just calling to make a relationship?. What does calling an ...
Lauryn Meadows
HOW I "LOST" $50K ON A BRRRR DEAL
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $150,000
Cash invested: $182,000
BRRRR SFH and fourplex, five total doors.
Purchase price: $150,000
Rehab/ ...
Desiny Smith
Calculating Expenses as a First Time Investor
I've recently been pre-approved for an FHA mortgage. Right now I am looking for a foreclosed or vacant multi to fix in the city of Albany, NY using the 203K product as well as city grants and then refinance (aka the B...
Marty Micek
Insurance for SFH House Hacking?
Hello BP,
Currently closing on my first SFH in Portland, OR! The house can fit up to 6 tenants (5 tenants + me for the house hack). While shopping for insurance through various brokers and agents, most are telling me...
Philip Aleman
Transfering property to an LLC
A friend of mine was instructed by his mortgage lender to close on a property in his name to get a better rate. After closing he transferred the property to an LLC owned by himself and 2 partners. Now he is having iss...