Nikki Howard
From wholesaler to rehabber! Where to start????
Hi Everyone! For the past year I have been wholesaling in Virginia. I have a house under contract now in Sandston that I would like fix and flip. This would be my first fix and flip project that I am taking on by myse...
William Behm
'Flipping' 25+ per year. Best entity structure?
Current business snapshot:
-Currently buy/renovate/sell 25+ SFR per year.
-Avg hold time from purchase to sale is 3 months (no property ever held longer than 4 months)
-Hold approx 6 prope...
Tyler D.
Actual Rental Expenses
Hey BP,
I'm a newer investor looking to scale up, and something that seems to be throwing off my calculations are expenses that don't seem to match reality. Currently, I use the following numbers:
1) 10% Vacancy
2)...
Valerie Rogers
How are you changing your STR operations post Coronavirus?
Since I am receiving the error below from the BP website that won't allow my post to be published (even though there are no telephone numbers or email addresses in my post), if you are interested in reading the post p...
Steve S.
WARNING!!! Stop using Lawyers Title Right now! You've been warned
I have been in the middle of an epic ridiculous battle that you cannot believe. I have a client who is a fix and flipper and we were in the middle of refinancing his home before he sold it so he can buy another proper...
Account Closed
Insurance Amount Coverage? Replacement Cost
I'm a bit confused by the amount of insurance I should have on my buildings. Currently, I have a duplex with a value of 150,000. My insurance agent has me hooked up with 350K in coverage as replacement cost. This s...
Bryce T Attisani
setting up LLC for out of state investment property
Hello BP,
I recently purchased a duplex in Pennsylvania and am planning to put it under an LLC. (I am aware I should have set up the LLC before hand) I have received a lot of conflicting feed back from the research I...
Dawn Dewald
Seeking advice on structuring a seller-financing (I'm the seller)
I am looking for advice and strategies for how to structure the seller-financing deal. I have four lots of city land to sell, and a buyer who wants to arrange the sale via seller-financing so he doesn't have to tie-up...
Laura Johnson
PSA: Personalized CC
PSA: I recently found out that my credit union offers personalization of your debit and credit cards. It's a free service for the accounts you have at the bank/credit union. I have made each of my rental properties a ...
Logan Turner
Questions on Partnership with LLC and 401k
Ive reached out to a few real estate attorney, still awaiting a response. So I wanted to run it by some pro investors on BP.
I am purchasing a property through a JV. My LLC will be the active manager, my partner wi...