Fred Mejias
Self Property Management - Should I do it under LLC?
Hey BP community,Hi my name is Fred, I am in the process of finishing up my first investment deal. I bought this under my name. I want to self manage this property. I was thinking I should do this management as an LL...
Jason Maguire
1031 Exchange Qualified Intermediary Company Recommendations
Hi All,My partners & I are putting up our duplex up for sale in Albany, NY & are looking to transition a 1031 exchange into an out of state STR in Savannah, GA.Does anyone have any company recommendations or a...
Christopher Lucas
Closing Costs & Finding a Title Company
Hi Everyone,When putting the numbers together for a buyer, do I just put 5% of the purchase price in the closing costs as a "worst case scenario" kind of thing or is there a way to accurately calculate that?Also, as I...
Jean-jacques M.
very bad experience with a Turnkey in Detroit
Hi and thank you to anyone who could help me.I signed a contract in january to buy a single family house to a Turnkey based in Detroit. Typically the house had to be renovated before closing. The home inspection rev...
David Boley
My first deal - thoughts on the analysis?
I'm a classic "analysis paralysis" real estate investor, but am finally in a position to pull the trigger on my first deal. It is a turnkey property, which I know causes some heartburn with many of you, but it is the ...
Brandon Cao
Tenant Checks -- How to Seem More Professional than Payable to Me?
Hello All,
I know we all strive to look more professional as investors. Some of us are willing to go and get an LLC to do so. I was wondering if there was an easier way? Specifically, is there is a way for the ten...
Manolo D.
Do they relly loan 70% ARV?
I have contacted several lending companies in South California, I don't really opt to use the one's that requires credit, for some business reasons. Are there companies that loan you the 70% of ARV? Are they much more...
Riley F.
Working Capital
This probably isn't the sexiest question, but for those of you who are buy and hold investors, how do you determine working capital requirements. My initial thought was that I would take PITI x 12 as an initial wor...
Michael Almeida
Cash out Finance paid off remodeled condo
I just bought a condo for $72,000 (appraised for $90,000)I put $18k whole remodeling . I’m living it now , It worth $120-129k . I was wondering if the best option would cash out finance it and go to another deal and k...
Tidal Creek
lien cancellation document for lot and modular home purchase
I’m trying to buy a lot which has a modular home on it. I want to keep the modular to repair and rent it out. The owner paid off the note on the modular, but can’t find a signed lien cancellation document. For some ...