Nathan Waters
I've found the house, found the private money, Now What?
I found a 3 unit that I think will be a good investment. I can purchase and renovate for less than 75% of the ARV and the rental numbers look pretty good. I'm going to do a more thorough walkthrough with my contractor...
Jordan Hamm
New member calculations... Looking to learn
Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...
Brandon Leong
Insurance questions - deductible? liability? umbrella?
Hello, Everyone!I am currently in the process of setting up insurance for a property I bought in Kansas City. I was wondering, the typical insurance you need is: Landlord insurance (for fires, hail, explosions etc..) ...
Justin Foster
Wholesaling legal prep
1) Am I at risk if I try to wholesale without an LLC?
I read a post from @Ned Carey in this thread that mentioned an LLC is less important if you have less assets to protect. What about as protection from a...
James Rohrbach
Determining cap expenses percentage
Hello BP community.
I have been analyzing some 5 unit multi-family properties lately and was wondering when factoring in cap expenses at 5%, should that percentage be per door for 25%, or should it just remain at 5%...
Peace Lily
Bathroom Heater Fan Costs Too Much for Rental Apt?
Dear BP Members,We installed a ceiling heater and exhaust fans for a small bathroom for our rental property. There is no heat source in the bathroom. That is why we took the suggestion from our contractor. However, we...
Account Closed
Looking to build with Young Atlanta Real Estate Investors
If you are under the age of 30 and looking to build real-world connections with your peers, let's make it happen. Being a young real estate investor, I know how hard it is to find other young people with a similar min...
Joel A.
CrowdFunding - Realty mogul
So I just now am learning about crowdfunding and looking at this Realty Mogul company. The idea of it sounds appealing however looking at the website, it appears you can only invest if you are an accredited investor....
Ray S.
Spouse failed Background Check
I have a Renter living in one of my properties in Houston, TX. Dad, Kids and Pets are on the lease. Dad has been a very difficult tenant due to having new pets without informing, not maintain yard etc... and other i...
Vicki Gleitz
tax question
we own a brake and alignment shop. paying double on social security, as you all know, is rough. we have also been renting out our house in Bennett. we had a little plumbing problem that caused some damage last year....