Ryan Rogala
Profit split in a SFR flip as only a money investor
I am considering investing with a friend who actively flips single family homes. He states that he would look for a minimum of $20,000 investment in order to take on a partner. As I am new to the industry and working ...
Adam Beckstetdt
Is a home inspection worth it
I have an accepted offer on a 10plex and am debating on if I need a home inspection. It will be a bit over $100/unit. It's not a ton of money however I have never gotten one on a rental and typically they don't stand ...
Patrick T.
Contractor/Investor Partnership
Hey BP Nation! I posted this in legal and got no response, so I'm re-posting here.
I'm a General Contractor who has worked with several investors where they buy the property first and hire me to rehab. I quo...
David C.
How to become a private money lender
Hi All,Would love to learn how to lend money privately, underwriting deals vs junk, ins and outs. Where to begin and best to learn? Your feedback is much appreciated.Regards,David
Desiny Smith
Calculating Expenses as a First Time Investor
I've recently been pre-approved for an FHA mortgage. Right now I am looking for a foreclosed or vacant multi to fix in the city of Albany, NY using the 203K product as well as city grants and then refinance (aka the B...
Greg Martin
No Power/No Water - Hurricane Irma
Hey everyone,I have 3 units right in the middle of where Irma went through. Most things were fine, except a giant oak tree fell over. When it fell, it took out the power lines and broke the water line below it. The...
Quandra Adams
Seeking CPA & Attorney Referrals for Tax & Legal Entity Advice
Purchased my first investment in June and I am getting ready to rent out the upstairs unit. In the hustle and bustle of trying to get the place and move myself, I completely forgot to inquire about tax and legal entit...
Missy H.
Should I accommodate an air conditioner
I just bought a duplex rental property in Albany, NY. It is an older house - early 1900's. The previous owners had a PM company managing the house, but nothing was ever updated and any repairs were just a band-aid. ...
Obie Gutierrez
Advice for Removing or Selling an Old Mobile Home
Hello!
My family has a mobile home that is in bad shape and has issues with mold and a caving floor (water leak) and roof (tree damage) in certain areas. The mold got to a point where anyone that was in there for any...
Paul C.
Financing Ideas for family property
Hi, kind of long story here, but I am looking for ideas on how to approach and structure purchasing a property from my Dad and his siblings as my grandmother recently passed away and they are talking about selling the...