Dylan Jeluso
Is Getting a GC License Worth It for a New Flipper?
I’m a young, new house flipper, and I’m considering getting my General Contractor (GC) license. I enjoy doing the labor and working on flips myself, so being able to take on more responsibility during projects really ...
Graeme Ford
Asset protection and difficulty in loan acquisition
Hey BP, I have been constantly scouring the podcasts taking notes and educating myself as much as possible. One of the podcasts with Scott Smith #109 he recommends having your properties in an LLC or a trust for anony...
Jesse Glatz
BP Cash Flow Calculator
How do I ensure the mortgage payment and property insurance amount is correct in the monthly expenses section? Can someone let me know their thoughts on this analysis? Is there a simple formula you would use to determ...
Scott Bastarache
Need help on this deal
I found a commercial property for sale with 17 units. Currently it has 100% occupancy. The seller has not listed it with an asking price but has mentioned that there is an assumable loan of $560K @ 5.99% or ask...
Curt Smith
direct mail generates leads for agents and short sales, what to do?
Hi Folks, What do folks do with the many leads one gets from a yellow letter/postcard campaign that have pretty houses and want full price? IE I'm not an Agent and can't have a fee agreement with an agent I pass ...
Mak K.
Buying Lot first time
Planning to buy a lot in Houston Area. Its the first time so I do not know what I do not know :). Here are few things and see what you guys think. Would love some brainstorming
1> Plan: Buy and develop something i...
Brady Pevehouse
Need Funding for Multi-Family $1.5M to $2.5M
Currently vetting 2 sites, and not happy about current lending options my client is being presented with. Looking for a potential cash flow financing basis with 25% down on under-performing investment 40+ units in Flo...
Annie Dickerson
What to do about evictions while a property is under contract
We've currently got a 25-unit property under contract. We are just wrapping up the due diligence period, and everything looks great. Low vacancy, below-market rents, very little deferred maintenance, and in a desirabl...
Peter Slivkoff
Access to MLS for Non-Licensed Investors??
Dear Fellow BP Members,I have heard recently from David Green at the BP Conference that anyone can gain access the the MLS even if they're not a licensed agent or broker... and it has been my intention to gain access ...
Amy Konopka
Addbacks re: Lending for Self Employed/Investors/Biz Owners
I researched the forums and the last time this question was answered was two years ago and only by one person. I have a few other questions-1. I've heard interest, depreciation, even HOA dues are sometimes added back...