Jamie McKenna
Best type of banks to borrow from?
I'm new to REI and am wondering what's the best option for obtaining financing. I have a couple partners and we were thinking of talking with local banks in hopes of building a working relationship over the years wit...
Alec Newman
Route ideas for level 1 financial freedom while in the Army
Hello BP community, here we go ....So, I have a lot going on and I’m both slightly nervous and very excited to be getting my journey going.I had recently posted in the STR section about my property and the idea of tur...
Ian Newman
New to the site - Introduction
Hi BiggerPockets Members!My name is Ian and I am new to the site and wanted to introduce myself to everyone. Now I am not going to tell stories about anything I have done or chat myself up, because there is nothing to...
David Hughes
EV Charging Station for a STR
I'm considering putting a charging station in my STR. I don't have an EV so I'm a bit unfamiliar with exactly how these operate or liabilities that they create. My fear is that if my charging station somehow causes da...
Maxim K.
Lease agreement adjustments
Hello BP members.I’m in the process of gathering all the document for lease agreement.My applicant has a small service dog and I can’t charge any extra monthly fee for it . But I can collect security deposit of $500, ...
Deborah Fischer
Positive Experience as a First-time Flipper
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $38,000
Cash invested: $43,000
Sale price: $143,000
1900 build; largest expense was drywall retexture. Me and ...
Kyle Curtin
“Ready, Fire, Aim” Millionaire advice :)
Goooooood morning everybody!
Recently I was on one of the Zoom calls in a mastermind group that I am a part of where a member of the highest tier of the group was presenting his story to a bunch of the members of...
Brian Tome
Rent or Flip hypothetical?
An colleague closed on a single family house for $68K. He anticipates $40K in repairs and a rental income of $1400/month. The ARV will be $160K.Based on that limited information, Rent or Flip and why?Go!
Robert Bacher
Screening Tenants
Do you qualify a prospective tenants application first; job, income, references then have them pay for a credit report, background check, etc.? For example, have my potential tenant pay application fee, I do my due...
Alex G.
No property sale record on MLS?
I am doing the due diligence on a duplex in Central Maine (https://www.realtor.com/realestateandhomes-detail/46-E-School-St_Oakland_ME_04963_M42271-18089?view=qv) trying to determine how much the seller paid for the p...