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What's up BP! I've been thinking about what the best way would be to launch my startup in the greater Pittsburgh area so I thought why not just ask as I know there are a lot of very smart and creative people here.I la...
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Hi, this is Venky. I would like to connect to wholesalers who has RE licence. I would like to know how the wholesaling process works holding a licence. I got licence few months ago and would like to learn from other w...
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I have a group of friends that want to pool some of our money and start buying property. We would like to get incorporated first. I have a couple of questions.
Does it matter what state you incorporate? If so, a...
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I'm under contract to close on my first short term rental (vacation home..AirBnB)... I understand the LLC would be helpful if ever I sold the place so there is no need to re-permit. Any tax implications? Any other con...
What do I do if the owner asks me how much money Ill give him for his property on the cellphone but I haven’t ran the comps yet?
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Hi everyone,Why is the loan pay down not calculated into coc roi? Meaning, if I have tenants (short term or long term) where the cash flow covers my mortgage payment?I will use basic example to help clarify.Down payme...
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Hello! I was hoping to get some thoughts on the best way for an owner-agent to sell their live in flip. All the advice I read when searching for answers leaned towards using an agent to sell your home instead of For S...
Hello BP.I found someone looking to rent-to-own. They are looking for a condo, but banks are telling them that they aren't qualified for a mortgage. Honestly, I know nothing about these people, this is just what I'm b...
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Hello and thank you in advance for taking the time to share your thoughts.Wanted to get the thoughts of this great community on selling a duplex I own. I no longer live in the city where it is located and have moved f...
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Hi BP family,
I'm getting properties both on and off market, and many of them rentals. I know how to calculate for flips, but what ROI do buyers look for on buy and holds rentals? What cap rate, C.O.C., etc? When ca...