Cody Evans
Flipper Agreed To Work With Newbie
Hi All!A flipper has decided to walk me through two of his new homes he just acquired through the end of the flip as a learning experience. This is really cool. He wants me to estimate rehab costs and then he will com...
Account Closed
I'm curious - what would you tell a potential buyer?
A realtor listed a property online. The building is a feature in my town and I've driven past it my whole life. So being curious (as a buy and hold investor), I emailed her to ask what kind of rents one could charge i...
Andrew Burrell
LLC Creation Advice
Hey BP community,I am an investor with two single family properties in Northwest Arkansas. I currently have these homes in my personal name, but have been debating whether or not to create an LLC for these rentals.I a...
Jordan Kaylor
Use HELOC to buy, then refinance into mortgage?
I'm new to real estate investing and have secured a HELOC on my existing home. I'd like to use this to make an "all-cash" offer on a SFR, and then convert that to a conventional mortgage to pay off the HELOC. Dumb q...
AJ Angel
Book Keeping Records for Rental Properties
Does anyone out there have a really solid book keeping spreadsheet/template they use on their rental properties? Something to keep track of all of your records, rents, cost, expenses, etc... thank you
Kadeem Howell
Bank did not serve Foreclosure I bought.
So I am in the process of doing a cashout refi on a duplex I own. Bought the REO property in cash.
While doing the title search my attorney (close friend) told me the bank (Bayview Loan Servicing) never served the p...
Alex Huang
Arrangement with Partner - Seeking Advice
Looking for some advice on the best ways to setup a partnership.I have an existing LLC which holds some properties that are mine. I've recently worked out an arrangement with some friends to partner on some properties...
Lane Babin
Estimating Storage Unit Monthly Operating Expenses
When developing a pro forma for a storage facility, what percentage of gross income should be estimated as operating expenses? I've see a feasibility study by an economist recently that mentioned using 45% of gross in...
Lynel Johnson
Lease renewal signed - Should I print another lease?
60 Days before a lease is to end my tenants have a lease renewal option form. They choose the option they'd like - 1 Year, 6 Months or Month to Month, Sign and date it and get it back to me. At this point, do I need...
Garratt Brannock
How do you analyze a real estate market
Hi everybody,
I'm interested in how you analyze a real estate market. Specifically how you pick a market, what you specifically look for in that market, and red flags that you look for. Would love to see the differen...