Roy Mitle
Investing in LLC when rates are rising.
Hi
Is there anyone on this forum who invests in real estate LLC firms. These firms pool in money from investors, buy big appartment complexes, renovate them and re-fi to return money and then sell them for a profit. ...
Molly Turner
Rental - 2 blocks from campus
I have an opportunity to buy a really nice SF home 2 blocks from a college campus. Occupancy is not an concern. My hesitation is that after repairs & my financing costs, I'm at 90% of the market value. Rents are ...
Account Closed
Security deposit? First & last months rent? Just first months ren
New landlord here. What do you charge market renters upfront? A security deposit with first & last months rent? Just first months rent with security deposit? No security deposit & just move in fee with first m...
Daniel Haggar
Just closed today renters report bed bugs same day non disclosure
New member here and need some advice. I just closed on a 5 unit apartment complex today. The property contains 4 units in the main building (where the problem is) and an out-building (no problem there). All units are ...
Jay Yoo
Do married couples need to be screened and each pay a fee?
Hi All. I’m sure this post could be redundant but Do I need to run credit report for married couples and each pay a fee? Only one is working and will pay the rent. I would not accept a tenant with criminal background....
John Chung
BRRRR - too risky for newbies with little cash flow?
HI all,New to this forum and been listening to a lot of BP podcasts. Hearing a lot about the BRRRR method. I am having trouble understanding how people are getting past the Rent & Refinance and Repeat part.If yo...
Leigh S.
Can a bank pull my credit report without notifying me?
My LLC has a small investment loan for a multi-family property through a local credit union. Last week, I was notified through a credit monitoring service that the lender pulled my personal credit report. I asked the ...
Tony Barwick
Needing Advice From An Experienced BRRRR Investor
Hi there, I am buying my fourth property and finally have something I can BRRRR. I have a few questions though, because this is my first time BRRRRing. My private lender is a close friend. He wants it to be a very sim...
Daniel Younger
Thoughts on properties in AE Flood zone
Anyone ever considered investing in a commercial property located in a FEMA designated AE Flood zone? I've got an opportunity to invest in one now and I'm not sure I want to take the risk. The seller said the Floor ...
Jason Tarabokija
Short Term Rental Restrictions
Hello BP!
I own a local short term rental property management company based out of the Jersey Shore. We mostly operate in Seaside Heights, NJ, which is a beach town that is tourism driven. We are rapidly growing and ...