Jonathan Ruths
LLC structure advice...
My wife and I bought our first investment earlier this year - an STR. We have a money partner who helped finance some rehab costs for that property in return for some equity. We created an LLC, set up the bank accoun...
Chanelle Lavigne
Rehab calculations
Hello BP family!Hope everyone is enjoying their weekend. I am new at wholesaling and I understand how calculating the rehab cost is one of the primary number to figure out if a deal has potential or not. I need your...
Johnny Coleman
Found a property what should I do next
Found a property on craigslist, private owner, the guy wants 149k ARV is 230k, It needs abt 30k in repairs. I emailed him to see if he was interested in selling and hes yes. What do I do next?
Jill F.
The police just called... my 25 year old tenant died (overdosed)
I can't imagine calling his poor parents... he was found by a friend that told police he was staying with tenant (without my knowledge). The police/coroner had taken his body out before they called me.I feel just terr...
Sami Gren
Audio cameras in common areas
hi, I want to install security cameras with audio in a building in Essex County nj.Someone claimed that if I put on audio, by law I need to post that in building. Is anybody familiar with laws of cameras?
Michael Limjoco
Paying down Rental Unit Mortgage?
Hi all,
I'm new to these forums and heard of it through Jaime Tardy's interview with Josh Dorkin. It was like the heavens have opened for me and here was this wonderful resource I had been missing all along!
...
Michael Nahm
Need advice on how to charge tenant for damage
Hi to all,I encountered an interesting issue and would appreciate your wisdom in handling it.A longtime tenant, who had previously not notified us of an issue in a reasonably timely manner, has done it again.This time...
Joe Smith
cash out restrictions on refinance
Since I as of yet do not have any commercial property, this is nothing more than morbid curiosity...
...I've heard that cashout on refi's in the commercial world cannot exceed 20% of loan amount regardless of LTV. I...
Raquel D.
Capital gains tax exemption for residence if recently married
My primary residence is worth almost 3x as much as what I paid for it in 2013. I'm planning on selling in 2018 for a number of reasons, but the increase is going to leave me with a gain of around $300k. I'm not mar...
Randal McLeaird
Buying Notes
I've been buying properties to rehab for a while now and I'm hearing a lot about buying notes and how I can get great deals buying notes at a discount.
Can anyone point me to an information source (inexpensive if pos...