David Lamb
The FLAW with BRRRR -- The 3rd 'R' - Refinance
I'm sure there is a creative workaround but the trouble I am finding with BRRRR model is the Refinancing part!! More specifically, I can't seem to refinance due to my Debt to Income ratio due in large part to BRRRR!!...
Justin Frye
what should i do about a tenant who's previously had a eviction?
So I just recently purchased my first rental property a multi-family duplex and haven't closed on the property quite yet. The current landlord of the property has recently just put in a new tenant who's had a prior ev...
Kadia Lawrence
Do you write off Car purchase under your RE LLC?
Hi Everyone,I am about to purchase a car and will be using it for both personal use (e.g., grocery shopping, gym, etc) and definitely for RE business (scouting neighborhoods, seeing listings, visiting properties for m...
Corey Dutton
Why Hard Money Lenders May Need a Mortgage License
Private money, non-bank lenders, also called hard money lenders have always lent money without the need of a mortgage licensing. But the financial reform following the real estate meltdown, namely the Dodd Frank Act, ...
Holly Barrett
Self Managing from a Distance
Looking at a duplex 8 hour drive away. I want to self manage, BUT I'm getting tripped up on how to show prospective tenants the units at turnover.What options might we have?Realtor fees for showing are steep, at that ...
John Warren
Investing in "D" areas
Hi BP community,I have a confession... I am considering investing in a 'D" area! The other day I was helping someone from my church who's mission group purchased an 8 plex in a "D" area of the Chicago suburbs. They ar...
Christina R.
Basement drainage - installing drain, sump pump, etc
Hi!I live in Maryland and have family that may be installing a sump pump/interior drain system in their unfinished cinder block foundation basement. The house was built in 1968. I know nothing about this trade of co...
Account Closed
Buying from A Hedge Fund Company
Hello, BP. I'd spoken with a gentleman from a hedge fund company. The company has inventory that it's willing to sell, but in order to secure the properties, they'd have to be purchased via a quit claim deed. Has ...
Liam Goble
Starting my first flip on Monday
I'm going to start on my first flip on Monday. I want to post all of my pre-flip numbers here so they are etched in digital stone so I can refer back to them when all is said and done. I'll explain my methods to ...
Kyle Barger
Rookie uneasy about a tenant
Hello I am a relatively new Investor and am uneasy about a potential tenant. Would some of the more experienced landlords please give me some input? (Be gentle) I have an A+ SFH a week away from completion in an A+ ne...