David Lowe
ARV / 70% Rule
If the ARV of a property in San Diego is $500k, the rehab cost is $40k and you use the 70% rule, that means you have to buy the place for $310,000. My questions:- is that possible in the SD market? The purchase price ...
Wyatt Degaine
Mega Hotel corporation getting into Vacation Home rentals...
Well looks Marriott is getting into The Vacation Home rental business... what do you investors think about this?
Sherman Foster
How to get first mobile home park using creative financing?
I'm trying to get my first commercial property with no money down.I've heard about creative financing,but i don't even have money for proof of funds letter.Is there another way?The owner is willing to hold a private s...
Bruce H.
Can I mow the lawn on my self-directed IRA property?
I own a couple of empty lake lots in my self-directed Roth IRA. Am I allowed to mow the lawn on them? Or maybe doing a little removing of brush by hand? Thank you, Bruce
Tiffani T.
Setting up an LLC for rental properties
I am fairly new with REI and could use some suggestions and/or advice from those who have had exposure to setting an LLC for your rental properties. I am undergoing the process of purchasing my 3rd home and the thoug...
Scott Vaeth
First Time Homebuyer Funding Fear
Found an investment property where the location is great and comps are strong. However, the home itself is priced on the higher end of my price range and will require $80K in rehab costs according to the seller who is...
Stacy Weng
Need Advice on Philadelphia Rental Property
Hi BP,I have an interesting situation going on at a Philadelphia rental property. Long story short, my father in law purchased several rental properties in Philly years ago under my husband's name. But apparently he n...
Arnie Guida
Furnace Out Plans
Years ago another landlord told me he kept one of those stand up infrared room heaters around to keep a tenant happy until his furnace guy could get there to fix the problem if a furnace went out.Last night, while all...
Brian H.
Your thoughts on two potential renters...
I have had my first rental ad out for almost a month. Wanted to get the rental filled by 5/1, but if I need to wait for better candidates I will. Much rather wait for better renters than jump the gun into a nightmare ...
Mike Smith
Off the bench and into the game
A buddy and I have been discussing for awhile finding an investment property together. I have been a wall flower on bigger pockets, it's podcasts, and I am an avid reader of all things real estate. The plan was I w...