David C.
Asset Protection using Multiple LLCs - thoughts?
There was a thread from 7 years ago regarding this question of owning separate LLCs (+/-) a holding company for asset protection, and wondered today’s opinions regarding this and had some additional questions. I apol...
Albert L.
Want to invest in Memphis, but have reservations
In doing my research, I'm so-so on the Memphis market, but like some of the turnkey providers there with a long track record of credibility, trustworthiness and not disappointing investors, which is #1 in my mind.Some...
Srinivasan Venkatesan
Hard Money Lenders (FIX and Flip)
Hello All, I would like to know if it is a common practice that the Hard money lenders charge a loan origination fee anywhere between 2.5 - 3.5 points on top of the interest rate 8-12% ? Also, is there a better option...
Erick Caffarello
Ratio Utility Billing (RUBS)
Greetings BP!I'm about to buy my first multi unit, and currently the owner pays gas, water, sewer, and trash. Also, the building is in need of significant repair and current rents are $375 for an efficiency up to $57...
Chris Weaver
Lender that will loan based on rental income
Has anyone recently used a lender that lends based on the rental income of a property? I'm looking for lender recommendations as well as how the rental income is used for qualification purposes and down payment requir...
Mike Weiner
Calculating CoC Post Income Tax
Hi All,I am currently having a debate with my partner regarding cash on cash targets. Currently we are targeting 20% cash on cash returns after mortgage. Our previous experience has been with SFH and we find 15%-20% a...
John Park
Is half of a duplex a worthwhile purchase?
Of course I would like to buy a whole duplex, but the more common listing I have been finding is 1/2 of a duplex. I want to buy and hold, and I was wondering if there was anyone that could share their experiences eith...
Brittany D.
Above Ground Basement Oil Tank
Hi BP Community!Looking into a property right now with a basement oil tank (above ground). I know nothing about oil tanks except for the fact that they're potentially risky. I've read some things but I am also no expe...
Kenneth Lim
Difference Between ROI & Cash On Cash Return
Hi guys, as I am doing my research and studies, I am quite confuse regarding the difference between "Cash Flow" & "Cash On Cash Return". Please correct me if I am wrong. Thank you and below is an example.
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Davinder Singh
What are my rights as a tenant in Washington State?
Hi, I live in Washington State. I started living in this home last year. And i signed my lease for 2 years, as i was new to US i was not aware of lease rules and systems. So when i signed the i never notarized it and ...