Luis Espinoza
Showings for Prospective Tenants from Out of State
Hello! We are closing on our first out-of-state investment. How do you handle showings for prospective tenants from out-of-state? We would prefer not to use a property manager, and our realtor is charging one month's ...
David Weintraub
Borrowing Through a Land Trust
I have a borrower who asked me if he could "borrow in the name of a 'land trust'..." He briefly explained some of the nuances, and when I asked him why he did this he said, "It protects us a little better than a LLC.....
Jay Ben
How to contact banks or reo brokers
Hello bigger pockets! Can you share tips on ways to contact banks and REO brokers that the banks assign deals to?
Lauren Alia Mlouhi
Major Life Decision: Build SFHs or Mixed-Use Development??
Hi my name is Lauren, my family owns a piece of property on one of the busiest streets in our city, near the airport and military base. This property use to be home to a well-known restaurant in town and is paid off f...
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...
Peter Aziz
Problem with the 50% Rule
Hello, BP! I hope everybody's doing well around here. In thinking through the 50% Rule, and modeling it out in my spreadsheets, I am finding myself very uncomfortable using it. Here is the hurdle that I'm mentally up ...
Account Closed
Pitfalls of investing in MHP
Hi everyone,I am new to MHP investing and I'm looking at MHP in Lakeland, FL to start investing in. I need your help as I am still in the learning phase.There is a list of my questions:1. What should I check buying MH...
Julie Marquez
How finished does a home have to be to qualify for conventional?
What level of finish does a home need to be to qualify for conventional financing?I'm looking at a home north of Seattle that is a two story home that is gutted on the first floor, and completely remodeled and finishe...
Emma Hustis
How do I analyze a Self Storage Deal?
I am talking to an off market seller of a 120(ish) storage unit facility in Bonner's Ferry, Idaho (near where I live). I have the numbers for the business, but don't know how to value something like this. Who has some...
John Williams
Biggest mistake you made when buying STR / vacation home?
I’m considering buying a second home which I’d rent out in Airbnb/VRBO for part of the year.What are the biggest mistakes you made when buying a vacation rental? What do you know now that you knew then?