James Bird
To rent (to myself) or not to rent
I bought a 4 bed 2 bath split-entry foreclosure 2 years ago as my first home (and still live there). I'm currently closing on my second single family and looking for a 3rd, so I set up the LLC, bank accounts, etc.My c...
Kelly Williams
Home Equity for new down payment?
I have read a few posts about taking out home equity loans for a new down payment but I cant seem to wrap my head around it. I am moving out of my current home. Its value is about $300,000. I owe $200,000 o...
Jc Galang
Are you investing in a college town?
I've been reading news of universities/schools moving towards a new way of education wherein a portion of the year will be done through Zoom/telecommuting. 1. Is anyone invested in a college town where a portion of yo...
Michael Baradell
Lease Option - Tenant/Buyer responsibility
Hey BP,I have been researching Lease Options and have been getting mixed reviews on who is responsible for maintenance on the property. Prior to doing research on lease options, I would have said that the Owner/Seller...
Doug Wallace
Valuation for Vacation Rental Business, beyond value of homes?
Hello, I have been an investor in short term rentals for 7 years, but this is my first post. My wife and I have 5 vacation rental homes that I market on VRBO, and my wife and I manage exclusively. We have a great te...
Austin Works
Build or buy self-storage?
I am considering adding self-storage to my portfolio, but would actually like to treat this as a business and operate it myself. Does it ever make sense to build a new facility or is buying an existing facility genera...
Jason Halliburton
Cash out refi Seasoning
With Freddie and now Fannie updating seasoning requirements to 12 months, are there any other options apart from a non-qm/dscr loan? Im a newbie and have been building the start of my business to purchase my first BRR...
Rahnesha White
Does my LLC name have to be the address of the property?
Hello, I am a rookie and I'm looking into creating an LLC to purchase out of state properties. I'm considering a name and I read somewhere a while back that your LLC should be your property address? I'm curious if I m...
Jameson Sullivan
Servicing debt and portfolio lending.
Is a bank that does portfolio lending considered to service their own debt and one that sells their mortgages off to Fannie is not?I see the benefits of a local portfolio lender all the way so Ive been calling around ...
James Morgan
Taking over a Mom/Pop Property Management Company
Hey Everyone! First post. I'm super new to the real estate world so please forgive my ignorance.
So I just started working for my parent's property management firm and things seem to be done super mom and pop style ...