Payman A.
Insurance - casual/occasional labor
Hi all, here is another one I'm hoping to get thoughts on. My properties are not local and in different states so despite contracts, addendums, & requirements there is no way for me to be 100% sure that either m...
Tony Castronovo
Why running your real estate as a business pays off
I'm still on a bit of a high. Had a great initial meeting with a bank this morning to discuss financing me for a significant purchase into the multi-family arena. I started in real estate about 3 years ago and have ...
Jessica Roberts
New Philly RE Investor In The House!
Hello BP Community!
My name is Jessica Roberts and that's right I'm a newbie to the world of real estate investing. Over the course of this month I have been learning everything it is I can about investing...
Ashley Riegle
Ideal % of profit for a flip
I'm interested in a home that sold at auction for 38K last week, the current appraisal is 76K. Known needed exterior repairs are approx. 5K, inside unknown as there were no viewings. It's a brick home built in 1977. I...
Louis Porter Jr.
If I own the property 100%, can I get a mortgage immediately?
So I am planning to buy a property in Northern Florida for cash ($70K) and after the purchase, I am planning to get a mortgage for this property ($83K). How long do I have to wait to get a mortgage on this property? I...
Rich Somers
Need lender for small balance commercial loan that can move fast!
The underwriting team of a local bank I was working with in Louisville just gave me a "No" for a small balance commercial loan for a 5 unit that I currently have under contract. Unfortunately it took them 4 weeks to ...
Greg K.
Negotiating a specialized deal with a major bank
I know it's quite common that when the owner of a property gives you full permission to negotiate on their behalf, you might find yourself in contact with some person, who is in turn, representing the interests of a m...
Taylor Norris
Self manage or let someone else handle it?
Hello BP Fam! Still fairly new to managing my own rentals. Currently I own one rental in Lynnwood, WA and I am about to be renting out my second home in Mesa, AZ. I do self manage the Lynnwood rental because it is eas...
Laura H.
Property Management Questions (Placement Fees, % of Rent)
Still in the early stages of this, but wanted to ask a few questions that have been nagging me...We have a property management company in Springfield, MO that charges 10% of rent plus $10 per door for a duplex. They o...
Chris C.
Dallas buy and hold 1st time investor need advice
Good afternoon,I'm new to investing in the Dallas area and have great credit and want to buy, hold and rent property to create an income stream. If someone could give me advice on where to start with the below 3 I'd b...