Hello BP,I am a newbie from Columbia, Md. I am in the process of creating a LLC to protect my personal assets from my investment assets. Question, once this is done will lenders check the credit score and finances o...
Hey fellow BPersMy name is Gary and I currently live in Durham and work in Raleigh, NC. I'm fairly new to RE. When I graduated high school, I took a real estate course at the local community college in my area with ...
I'm not sure if taxes will be owed on this amount of money or not. Here is some background. I work with 3 partners. Our LLC worked out an owner-financing deal with an out of state homeowner for a local property. W...
Hello,
I am in dire straights and need some advise/help from you veterans.
Here is the short version. I'm in contract on a mixed use building with 2 retail spaces & 7 res...
Thinking about something different for the coming weeks ads,
near 5% discount for early rent.
Not sure if it is a good idea or another fart of the brain.
Example: Rent for 2 bed unit : 525.00
(All dates for receiv...
Just received this from a mortgage broker I found on Zillow “Unfortunately since you already owned a 2 family. Buying another multi will not work. You will need to have a valid reason why you are moving from a 2-famil...
I am asking my fellow investors, how do you market directly to distressed property owners? I have heard that direct mail is successful and want to know if you agree. If you do agree, then what type of life events do y...
I am looking for some advice on purchasing my first multifamily. I'm looking for a 4-8 unit in the $1M price range around PDX. I've got experience with buy n' holds already, just looking to scale up. Any advice on ...
I have heard this is a no no, but I don't recall ever hearing why it's bad.I have confirmed hail damage on three roofs. Is there a down side if I file these as a claim? Am I guaranteed the policy will be cancelled? I ...
Neighbor to one of my rentals listed their property last week. The cutoff to submit offer was today, so didn't have time to secure financing prior. I have one partner that will cover 25%. We only gave ourselves a few ...