Brad James
Q on equity investors, raising capital, and LLC
We are venturing into real estate this year and potentially with a personal investor with 12 figures. If that deal falls through, I will have to find a way to finance my goals. We recently started an aerospace mfg bus...
Scott Luetgenau
Advice on Cash Out Refinance
Hello BG Community!I'm interested in a cash out mortgage refinance. Here's the current situation. We currently have a 15-year mortgage from Wells Fargo on this 3-bedroom, 2-bathroom SFR in downtown Raleigh. We owe ...
Chad Green
Vendor performed work I didn't authorize, what to do?
TL;DR is at the end of this post.My tenant was having issues with the AC. I told him to contact an HVAC company I had researched on a prior occasion. I had previously scheduled for this same company to check on an A...
Tim Jacob
Rental property expenses
After managing many properties in my state of Maryland over the years I have seen the law of averages even out over time when it comes to expenses in various asset classes so Im posting this to give people some genera...
Kevin L.
Do you make repairs without tenants presence?
Hi all,
We need to do some repair in our rental. Tenant said that she'd prefer to be home when someone enters the home. But technically we are allowed to enter and make repairs as long as we give a 24 hour notice. Do...
Matthew Paul
Tenant calls , they are out of heating oil. Will I get in trouble if I winterize ?
My tenant of 2 years calls ( fair tenant , not good not bad ) they tell me they are out of oil . And they cant afford another $ 400 for 100 gallons . He wants me to fill it and pay me back . I tell him thats not go...
Lynn McGeein
Never Ever Cosign a line of credit - Indebted for LIFE
Did you know you can be indebted for life to someone with no way to see the statement, close the account or even find out the current billing address for a loan you cosigned (or they say you cosigned, which is my prob...
Paul Klempner
Any tips for a beginner
Looking to do my first flip in the next couple months! Would like some tips.Where do I find deals?How do I structure the deals?Does cost of materials come from loan?I have been doing remodeling for years and plan on d...
Adrienne Harrison
Minneapolis Multifamily investing
I’m concerned about Minneapolis’s rent increase restrictions going into effect soon. I’m a new MF investor, trying to pick an area ( or areas) within 30-60 minutes from my St Louis Park home, to buy apartments 50 door...
Account Closed
Replace Front Door or Not?? Help me with a rational decision!
I have a single family house in a class C neighborhood. My tenant texted me that she was thinking about it and she would really appreciate it if we could replace the front door on the house. She said that because the ...