Marlon Balogh
Materials Fraud and How it can occur!
As a forensic accountant and fraud examiner, I have dealt with numerous cases in which a land owner and general contractor face disputes with one another 1. Over the amounts of materials actually purchased and used fo...
Jon Martin
Anyone find a good Shuffleboard for <$1K?
Putting together a game room for a recent purchase. I'm generally of the "buy once cry once"/"buy nice or buy twice" philosophy. However if I apply that to every item in a proper game room it will get very expensive v...
Trina P.
To condo or not to condo
BackgroundMe and my husband are brand new to REI and are looking for some guidance. What better place than the amazing BP forums? So! We live in Orange County, I know, REI is tricky and pricey. It is very appealing to...
Dale Mathie
Tenant Screening Question
Hello,This is my first post here, usually I just lurk so I can learn, but I am renting my first house, and I have an applicant that I am unsure of.The applicants job checked out (pay stubs and contacted employer), onl...
Anastasia P.
Question about the 1% Rule
I was reading about the 1% rule today where a property should cashflow at least 1% of the purchase price each month. I wanted to know how does this apply to multi families? Should it be 1% for the entire property or p...
Jon Schwartz
HELOC: lower APR vs. interest-only payments
I'm going to apply for a HELOC on my primary residence to fund BRRRR properties. In shopping around, two options beat the rest, and I'm having trouble deciding between the two.Option 1 is a 4.05% APR with interest-onl...
Victor Verano
Basic security deposit question for a Midterm rental
It's our first time setting up a medium term rental and bought a house with 6 bedrooms that the previous owner had been renting out as an MTR for travelling nurses (by the bedroom). We intend to continue with the same...
Linda Govan
Dealing with Hard Money and Partnering with Experienced Flippers
Hello BP Community,I am in the Chicagoland Market and I am really trying to find a private lender to work with on some flip deals. I have been propositioned a few times with some new ways of getting started. I just ...
Jarrett Tarrant
Sheriff's Auction & 2nd Mortgage Foreclosure Auction on same day,
I recently was successful bidder on a 2nd mortgage foreclosure trustee's auction on undivided interest on 160 acres in Texas. This was for 1/2 interest of the property, I already owned the other 1/2 interest in the pr...
Account Closed
First Multifamily Investment - 9 Unit
Hello,I am currently under contract on a 9 unit apartment building in Green Lake, WI that includes a single family home that is a rental in addition to an 8 unit apartment complex.The tenant in the single family home ...