Raman Bindlish
Fair practices for renting a unit
I am looking for some feedback on what are the fair practices / law for renting a unit when there are multiple applicants.(Background - Sacramento, California - duplex rental unit - for local law considerations)I have...
Ami Soni
Using 401k as down payment
Hi Everyone,My name is Ami Soni and I am from the suburbs of Chicago area. I am approaching my first deal and looking for more information on using 401k savings as down payment without the penalty? I believe I've hear...
Aiden Harris
Anyone ever used Sonders?
Hey everyone,I was mostly considering doing standard renting out of my duplex, but I just caught wind of a third party that leases out your house in a short term rental basis. My realtor buddy said his clients make ba...
John Villaruel
Evaluate Deal with 50% rule vs 2% rule
I'm looking at the 2 duplexes below:
Prop A
Price: $72.5 (accepted offer)
Monthly Rental Income: $1500
25% down 6% interest 30 year fixed: $326/month
Prop B
Price: $44.9 (listed price)
Monthly Rental Income: $1...
Donna Ragan
Contractor Partner vs Hiring Contractor
Hi everyone,I just purchased my first fix-n-flip and am looking for some advice on saving $$$ and hassle.Scenario 1: Partner with a contractor (consists of 2 people) to save on building and split profits (split would...
Account Closed
My process for Estimating Rehab costs!
Hey Everyone,I wanted to discuss rehab. It's a major part of RE investing and it is something every investor needs to be familiar with. You always want to know at least a general knowledge of each part of investing so...
Dustin Tolleson
Mobile homes as single family rentals
Do mobile home bought individually make good rental properties. In theory they make sense seeing that you can get them fairly cheap in good shape but do they actually cause mostly headaches with the type of tenants th...
Joseph Fenner
What software should I be taking advantage of when investing in real estate
What software should I take advantage of that will help me analyze deals, comps, market research, etc. A all in one tool that every real estate investor should have?
Doug Sheridan
New Member from Austin
Greetings BP'ers! - 'Full disclosure I have been listening to the pod casts and learning from the site for a few months, but wanted to officially say hello. I really want to thank @Joshua Dorkin for a terrific pro...
Mark M.
Insurance
I understand that if the deed lists an LLC then the insurance needs to list that LLC. What if the deed lists the LLC and the insurance lists the owners by name and the LLC as additional insured? Is this sufficient p...