Andrew Kessler
Inherited Tenants Lease/Rent Raise
For properties with inherited tenants that are currently on month-to-month leases how do you personally go about the leases in place/rent increases?If the tenant is month-to-month do you have them sign/agree to your l...
Sandra Azevedo
ROOMMATE MOVED OUT
My name is Sandra, I have a huge problem with my roommate. The situation is this, I moved into this place about 2 months ago. When I moved in, I was never told to pay deposit or anything. Just my first months rent and...
Tyler Scranton
Getting a mortgage under LLC
My partner and I are looking to purchase a SFH in Philadelphia and have recently formed an LLC as an investment vehicle. This is our first purchase and are planning on making more purchases under the same LLC. We are ...
Devin Monroe
Estimating rehab costs?
How can I estimate rehab costs? I’ve never done a BRRR before I have no idea what anything would cost. I think it’d be best to walk the property with a general contractor but I’d miss out on the deal. Any advice here?...
Payman A.
Do LLCs each have new/separate insurance history/records?
Hi all,Looking at another possible claim at one of the rental SFRs and though it is basically a continuation of the previous issue, it would be the 2nd claim in about 7-8 months. Needless to say, I'm concerned about ...
Andrew Nesbitt
How are 2nd mortgages priced?
For example. Lets say you have a $100k house with a $90k first and a $10k 2nd mortgage. Borrower has an 800 FICO. The 2nd is at 10% interest only, balloon in 5 years. How much would a fresh note like that be wort...
Frederick Peregrino
Preparing Rental Property
Greetings BPSeeking advice on future planning towards turning my current House 3 BR/ 2.5 BA into rental property in Las Vegas Southwest area. What advice do you have to improve or add to attract renters? Can anyone re...
Christian Hernandez
Hard money , first time fix and flip
Hi I’m I’m looking into hard money lenders to fund my first fix and flip deal still adjusting number , do you guys by any chance have any advice on how I should go about the situation , for example would it be best to...
Michael Plaks
Lenders v. CPAs war: automobile depreciation
How you write off your auto expenses does matter for taxes. It also does matter for loan underwriting. Notoriously, lenders and CPAs do not understand each others' rules and are often locked in needless conflicts. Fre...
Ryan Randalls
Investing in Frazier Park/ Lebec, CA
Has anyone here on BP invested in Frazier park/ Lebec? what are your experiences with the market in the area?