Hi all, I was just wondering how you guys vet hard money/private money lenders? Hopefully this does not offend anybody here, but alot of private/hard money lenders I've come across really give off a scammy vibe! How c...
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Does anybody else have a Costco Executive membership and get all conventional loans using their mortgage program? Best rates and closing prices around! Maximum origination fee with an executive membership is $250 I be...
Hi Everyone. I'm looking at a 4-plex in Houston area. When I run the numbers I seem to get expenses (including vacancy) that is usually 55-60% of gross rents. I think this is partly due to property taxes that are...
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Hello BP,Thank you all in advance for taking the time to read my question.I own a rental condo in a development and have recently asked to join the HOA board, as I was running into issues renting my own unit. I am a l...
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What all can I deduct as business expenses? I closed on my first rental (a duplex) yesterday and want to make sure I maximize all my deductions. Can i deduct internet, cell phone, office supplies, car insurance (if ...
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Just got a call from one of my yellow letters. Guy owns a 1/1 condo in the north ("nice") section of town, has a renter in place who's been there for a few years & pays $1100/mo., says he has no issues w/ the HO...
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Hi BP. I'm looking at duplex property in Oakland county, Michigan which has tenants in it. The tenant has been there for 3 years and they have been consistently late at paying the rent. I would say at least 75% of pay...
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Hey BP,
I am currently analyzing multiple deals in my area every week, including single family and duplexes. Each time I get more and more insight on my local market as well as continually get more sound in quickly ...
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Never done this before! Looking for an area I should focus my researching on: I want to invest in a turnkey rental property in Park City Utah. My friend is a real estate worker there and Im wondering if anyone has adv...
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My question is: What are reasonable terms for an LP in a commercial / multifamily investment that I can draft up and have my CPA and lawyer review? I don't want to come to the table empty handed. In order to fund both...