Amy Konopka
Addbacks re: Lending for Self Employed/Investors/Biz Owners
I researched the forums and the last time this question was answered was two years ago and only by one person. I have a few other questions-1. I've heard interest, depreciation, even HOA dues are sometimes added back...
Tommy C.
FHA 3.5% Down Requirements
Hi all,Does anyone know if you are allowed to finance the construction of a 4 Plex using an FHA loan and then use your own funds to build out the basement into an additional unit or two?? This would mean that the FHA ...
Jeremy Mangen
Fights and drama at my property
I'm just curious what other landlords have done to handle this odd scenario.I'm a new landlord and I just got my first duplex completely rented out. I was told last night that there was shouting and doors slamming and...
Christine Swaidan
Paying for Cleaning Done by Onsite Manager
Our onsite manager likes to earn extra money by cleaning vacant units and I'm fine with that. I was wondering if most cleaning jobs are paid for by the hour or the job. I am already paying him for 40 hours of manageme...
Michael Plaks
Now, about those "proactive tax strategies"
This post was prompted by a discussion with an investor who approached my firm for tax strategizing. The investor was particularly concerned about receiving proactive tax advice. As opposed to, you know, retroactive t...
Account Closed
Hard Money Lending License Requirements
Hello,Is there a definitive way to determine a states licensing requirements on hard money lending? Specifically, if I want to lend private funds on non-owner occupied residential properties, how do I determine if a l...
Jorge Abreu
🪙Overview and Comparison Commercial Loans
Here is a brief look at what is on offer out there:
➡️ Agency loans as mentioned, such as by Freddie Mac and Fannie Mae. They usually last for 5 to 10 years and allow you to borrow up to 65% of the property's value. ...
Tyler Frost
Text Blasting as the New Direct Mail
So based on the podcasts from a couple of weeks ago with the gentleman from Mississippi and some other things I've been hearing, text blasting kind of seems to be the new wave of direct mail. I like the idea because y...
Karl Kauper
Are there no actual property owners on BP?
Several weeks ago I posted on BP asking for advice from actual property owners in the Cleveland area (Euclid, specifically) about their experiences with local property managers. I never received a single response from...
Danny Benavides
Best way to attract sellers on Craigslist?
What would be the best way to attract sellers when placing a ad on craigslist?