April M. Kimble
Long Distance Landlord- Military
Hey!I hope everyone is well! I am active duty, currently stationed up in the PNW and I have a rental property in DC. I just recently learned (via my tenants reaching out to me as a last resort) that my property manag...
Dustin Willyerd
Buying Notes with OPM
Looking for some advice from anyone willing to help. I have a relative that is willing to loan me up to 100k on a fixed 30 yr mortgage rate of 5%. This comes out to $537 per month. I want to invest it in notes and col...
Lenna Groudan
Cash Purchases - Questions on refinancing (Pulling out Equity)
Hi, we are working on our "buy and hold" business plan and came up with a couple of questions related doing cash buys of residential properties followed by refinancing to pull equity out.We are planning to build a por...
Pat Dansdill
Foundation Cracks in Potential Live in Flip
BP,I'd love some feedback on how to best proceed with a potential live in flip that I'm considering. I walked the house yesterday with my realtor and a GC who gave us a quote. There were three different horizontal cr...
David Abbott
Order of Operations Converting Primary House Into Rental
My wife and I are about to move from SC to NC and have decided we want to try using our existing house as a rental property. I've spent plenty of time researching cashflow implications and tax changes to confirm we wi...
Andrew Clarke
Finish Basement or Not?
Hi we recently bought a property that we are planning to renovate and sell. However, the house is situated lower than the other houses in the neighborhood (see picture), so we were worried about the pooling of water a...
Tushar Shah
Recommendations on expenses estimates
Hello BP!!I am analyzing a three unit multifamily near the new west side/University Village area. I wanted to get opinion on what estimates do we need to make the following:1) Vacancy - I was thinking of estimating 5....
Chavdar Kehayov
Quitclaim deed to LLC and refinance question
Hi guys,
I have a couple of properties on my name and I am planning to quitclaim deed them to my LLC. What makes me confused is I’m planning to refinance them after couple of months. What it is going to happen when I ...
Drew Beard
Best Exit Strategies
Hello all,I am new in the real estate invested game, and I have been listening to BP podcast religiously sense getting into it. Having an exit plan or plans is said on the show to be very important. Which obviously ma...
Matthew Campbell
High Return Real Estate
About 2 years ago, a friend here in the Seattle area contacted me through a financial investment group. He told me about High Return Real Estate company. It was supposedly an all inclusive real estate sales of renta...