Brandon Allenczy
I really should be wearing gloves....
"I really should be wearing gloves.."
This was the thought that was going through my mind while I was scrubbing black mold out of a cabinet using a sponge and comet cleaner (worked surprisingly well BTW). It's defini...
Nicolas Redhead
Deal going South, advice needed
Hi,
I am working on my first deal, the idea was to get the property under contract and do a back to back close with an end buyer who could handle the repairs. We got the property under contract for 57.5k and we are t...
Jack Okada
Question about SDIRA Hard Money Loan
Been reading a lot about SDIRA and real estate investing, including several posts on BP, but this question I couldn't find an answer to..Say I form a project LLC with three friends to flip a house. The ownership is s...
Wade Stahle
Pull out all equity or leave some in
I have a scenario im deciding on right now. I am building a duplex out of pocket and I can either pull out all the equity whens its done ($190,000) on a conventional or pull out 96.5% of appraised value ($246,075) and...
Ephrem Bekere
House hack question and advice
I just bought a single family to house hack using fha in Lancaster City, PA area and I'm looking for roommates. What are your screening tips and any other advice you might have for me? How do I know how much to charge...
Drew Shirley
Taxable Event? Reinvesting Acquisition Fee as Equity
I'm working on my first apartment syndication and would like to re-invest part or all of my acquisition fee into the project as more "skin in the game." Is there a way to do this without paying taxes on the reinvested...
Russell Grevler
How to handle rental income from various properties?
We’ve been renting out my property in the Catskills for the past 6 months. I’ve subsequently purchased another property(hoping ready by March), but we will also be managing 2 other airbnb properties(we do not own them...
Graham Storey
Looking for Short Term Rental Lender
Hey guys,I am looking at a property in Western, NC to purchase and run as an Airbnb. I have heard Tony Robinson and Rob talk about the 10% down second home loan mortgage option numerous times.Does anyone have a lender...
Jordan Santiago
Money Needed For Fund/Syndication
Hey BP,In your opinion, how much should you have in the bank when starting a Multifamily syndication/fund?
Victor Oden
How do you save a deal under contract when your funding backs out?
Hello everyone, I have a home under contract in Portland, Oregon. It is a major fixer, but the property is on a double lot, attractive for a developer or fix and hold investor. My goal was to fix and flip, but my gap ...