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Hi, We're working on a fix and flip and are deciding between two GE kitchen appliance sets (Café vs. Profile). Please chime in on your opinion between the two sets. (If some experienced Realtors, flippers used/listed/...
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Hi All!Recently closed on my first investment property (3br SFH) in Baltimore County and I am hoping to have it ready for the rental market by Nov 1. I have yet to get it inspected and have a few questions regarding t...
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Hello Everyone,First time posting: My friend is a US resident that purchases and flips houses through a single member LLC (taxed as an S-Corp). In order to do a certain flip, he needs me to go in as an investor for 15...
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Hey BP,I am ready to accept my first tenants in my first SFR! I would like to remain the 'Property Manager' and not the 'Owner' in the eyes of my tenants. I have not yet set up an LLC and I would like them to put a de...
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Hello, Myself and my three daughters are wanting to start investing in multi-family. Looking for direction on how we should set up the business or IF we should set it up as a business before we start or wait until af...
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I have a quick question maybe someone could help me with. I am typically a Wholesaler and haven't ever had a situation like this so looking for advice.I just acquired a mult-unit building with extra detached building ...
I have a colleague that owns multiple properties and is trying to be a more efficient with tenant communications. She currently mainly texts, but wants to transition to email. In setting up her email, she's curious wh...
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It is my understanding that in Pennsylvania an escrow account is required for tenant security deposits. Does anyone have experience with banks that offer these without fees? I had hoped to set this up with PNC since I...
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Hello! Finally got our cabin up and listed and have had a handful of bookings so far (thanks to the 20% off to first guests and being on the front page for that). Anyway, some guy booked Monday through Friday with a c...
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Good Morning BP,
I have a question about reserve amounts. When analyzing deals, what do you budget for reserves? do you withhold a flat rate amount, or do you withhold a percentage of the gross rent? Currently I am ...