Colin Newton
Delayed Financing W/ Rehab Cost in Closing Escorw still allowed?
Hey BP,I have read and heard mixed things on Delayed Financing. Initially I was told that when using delayed financing that you were only able to pull back out the original PP amount; obviously not the goal when using...
Bruce Archer
How two finance single-fam rental roof and windows?
Well, thanks to BP I have now learned what I should have been doing for Cap-ex fir the last 10 years. But, financially i had to use most of the cash flow for living. Now I need some advise on finance options for a new...
Chris Walters
Late Rent from Tenant
Hi everyone, So this is a case where ai started managing a property where some tenants were already months late on rent. One of the tenants finally found a way to start making payments after enough legal pressure was ...
Pete Storseth
Best way to get started
I want to pick one of three ways to get into buy and hold, seller finance, and fulfill my big picture goals.My niche will be BRRRR with the intent of finding tenants open to buying via owner finance at some point, in ...
Johnathan Norman
legally required to accept section 8 in cleveland now?
I was told a law passed that now requires this although i'm unable to find a reference to it. Anyone know if this is true?
Todd Mason
Buying with cash. Do you still expense vacancy?
Looking to purchase a long distance rental in a lower market and I will be looking to pay cash for the unit. One question when running the numbers is should I expense a vacancy percentage? Taxes and insurance will a...
Account Closed
Sewer cleanout installation cost (2023)
what’s the installation cost of sewer cleanout (in Kansas City but other low cost cities are fine too)? Someone else that I trust booked the contractor and I’m presented with a bill of $2450. I saw the pictures of t...
Lisa Wilson
Accepting Rent Payment from two Roommates - Question
Hi, I am renting a townhouse to two individuals (an unmarried couple). Both of their names are on the lease. One roommate has set up auto payment via our banks. She submits her half of the rent; I get a notification a...
Jose Ramery
RE commissions on your own deals
I currently invest through an LLC (four partners) and I am considering getting my RE license. At closings should I:Have the LLC pay me a full commision. It would be an expense for the co and a 1099 for me.ORHave the...
Navid A.
Need help on how to get paid
Hey BP,I got wrapped into an informal partnership on a real estate flip project that we are about to sell after 3 months of rehab. We split the costs 50/50 and we are about to close soon. Since the partnership/deal wa...