Shaun Caldwell
Rehabbers/House flippers: How can I help you achieve your goals and enhance my knowledge?
BP Community,I'm new to investing and would really like to find a mentor in the Charlotte, North Carolina area, if at all possible. I am slowing becoming an active member on BP and have plans on attending several loca...
Taylor Knott
COC Return (What if 6-9%?)
Good afternoon,The past couple of weeks have been great. Sought out and found a lender over a local one that was wayyyy too expensive. Interviewed realtors and found one to officially work with. This guy had plenty of...
Ken Alce
Property Manager AND Repair/Maintenance Budget?
Hi all. I'm planning on house hacking and I'm excited! I've been doing daily reps with the rental property calculator but I'm confused. Why am I setting aside money for repairs and maintenance (conservatively set at 7...
Kyle Kinkead
New investor starting out
Hello all! I am new to the real estate investing space, and intend to purchase property with a partner in the Atlanta area. My partner and I are both out of state (CA & WV), and we are currently in the process of ...
Teddy Johnson
MM LLC Conv. Financing through Members
Hello,I've been a long time lurker and finally have decided to join the forum.As we are doing conventional financing through members of the LLC I was thinking about financing and placing the property into a Trust and ...
Sean M.
Notes - What Cushion Do You Look for re: LTV Ratio
What cushion do you look for in your LTV ratio (against a fresh BPO) in the case of a 1st Priority Note? Also, how much faith do you put in BPOs?
Bruce D. Kowal
Be a Pal! Send someone a 1099 to keep them honest
If you paid anyone for services in 2021, more than $600, then you should send them a Form 1099-NEC. It's not a favor, it's actually required by IRS. If it's late, there is a penalty. Less than $300. You might get ...
Mike Ball
On-site Property Manager in MF
I would like to get everyone’s viewpoint on what is the approximate number of units where you need a full-time on-site manager versus just off-site manager?I am looking at a 48-unit property and am wondering if I need...
Billy Daniel
Opening a Property Mgmt Division?
Hey BP Real Estate Agents! I'm considering adding property mgmt to our business to supplement the buying and selling and to offset the swings in the market. What advice can you give for those who have started PM fro...
Peter Morgan
Can a prospective tenant fake his application with false docs?
Hello,I received an application from Zillow rental manager today. The applicant looks solid in terms of monthly income from job and credit score for my Class A rental. However his previous residence seem like Class C ...