Jesse Maldonado
Out of State Investing using hard money
Hi everyone, I plan to start investing out of state at some point this year. I was thinking about using hard money to buy distressed properties that I could rehab and then refinance into a traditional loan to pay back...
Sean Buruschkin
First rental property! Any additional insurance needed?
I own a condominium in the Olde Kensington neighborhood of Philadelphia, PA. The insurance policy I have on it is the HO6 policy. This will be my first rental and want to make sure I've got all of my insurance in plac...
Michael Dunbar
Retired- Will I qualify as a real estate professional in 2022?
I retired from my current career at the end of 2021 and will be managing 2 of my rental properties 100% while having a company managing a third rental out of state. My wife still works full time. Between the two prope...
Panela Leung
Looking for FHA approved contractor in Kansas City
Hello BP!I am currently looking for an FHA approved contractor in Kansas City. Can you recommend someone?
Dan Noble
Multiple Properties - Multiple States
We have just purchased 33 properties in our first tape. There are SFR's, lots, a condo, & some multi units.
The properties are mainly in the mid-west and we have a signing-inspection process that generates a lot...
Kenneth Hadinoto
Possible first deal?
Hi BP community. I was looking at a property that is going for 200K. My agent looked into it and told me that it needed a lot of major work. (roof, septic) Rehab will be around 100K. He told me I wasn't able to ge...
Shaun R.
Reserves for rentals
From what I've read most people set aside a percentage of monthly rent for repairs, vacancies, capex, etc... Instead of taking a small percentage every month for these things, I'm leaning towards putting everything t...
Tara Griggs
Buying Condo in HOA Litigation
I am interested in a condo in a high-rise on the beach. There are three units for sale, one on the eighth floor, one on the fourth floor and one on the first floor. The one on the eighth floor and the one on the four...
Jimmy NA
Brokering REOs
I noticed that one local agency in my market gets all the homes that are taken back by the bank(s). How does this one agency get all the listings? How can I work my way into handling the sales (by listing) the propert...
Brandon Duff
When are you too over levaged?
Ground work:Purchases: 2015 SFH1 purchased 3/2 118k rents for 11002016 SFH2 purchased 3/2 122 rents for 11002017 (10/28/2017) closed on first multifamily (4plex) for 268k 12k in repairs expected rent per unit is 800 b...