Jennie Jones
Operating expenses for good deals
My husband and I want to purchase a 2nd rental property. We have been listening to the podcast and reading the books. It seems like the advice when running the calculators is to budget $100 per unit each for cap ex, m...
Amir B.
Buying a Quadplex without a real estate brokerage? Pros vs Cons
Hello,I found a quadplex fully rented for $2,400 monthly. The ask is $175,000. The seller is selling himself. I rather not pay the 3% commission either. I have never done this before. Any advice for or against doing t...
Bud Leiser
Cash Out Advice
I'm still reading the other threads about refinance/cashout/eloc. That said I own a small retail building, we'll say it's worth ~500k right now at 75% occupancy. In case that matters. Tomorrow I'm going to make a list...
Anthony Brancato
Why would general contractors decline??
I’m writing multiple contractors in my area. Ones with good portfolios, before and afters, etc. I’ve had two reply with “not interested”, “I don’t do this type of work”. Then I go back and they clearly do this type of...
Steven May
Putting Properties form personal name to LLC
As I move into 2021, I plan to put my properties in LLCs - they are currently in my personal name. Yes, I know to get in touch with a local attorney based in real estate law - I plan to do so to help set up the LLCs b...
Sara Hook
Would you pay for Mentorship?
Greetings all.
My spouse and I are interested in getting into real estate investing. We've been learning as much as we can and have gotten as far as deciding what strategy we want to use (buy and hold) as well as a b...
Steven Holiday
Refi with a Big Bank
Hello BP!
I have an issue I could use some advice on.
Smart money about a year ago was that the rates were going anywhere but down. So about September of last year, my wife and I refi'ed our Single Family Ren...
Julius F.
Feedback on a property I analyzied
Thinking of living in the house first (house hack) with roommates and then fully rent out the 3 bedrooms later.House: 3 bed/2 bath Asking price: $337kOffer price: $292-310kARV: $330kRent: $2600 (2 bedrooms: $800 x2; b...
Michael Cox
Self Managing OOS Rental
Hello All, We are coming close to closing on our first long term rental and are faced with the choice of utilizing a property manger vs managing the property ourself. Currently, the property is being leased and we pla...
Catina Yates
Business to lease SFH with 1 year lease
Hello, does anyone have any experience renting a SFH to a business? The company advised they would lease for a year and prepay rent for the year (requested a discount). They will have the same 4 individuals in the hou...