Carlton Chestnut
Getting Started - 50/50 Ownership - Partnership
My brother and I are looking to purchase a multifamily property together 50/50. We look to use a FHA loan (one of us will live in one on the units) and split all work, profits, expenses, and equity down the middle. We...
Keia Huntley
Unnecessary service calls
I am a new landlord trying to learn quickly how to deal with an incompetent tent. My tenant keeps calling me for unnecessary things. First it was because the stove wouldn't work. I sent someone out to look at the gas ...
Mo Escobedo
1st offer on a wholesale deal
My partner and I have come across our first motivated seller. Should our initial offer be verbal or in a P&S form? We have contingencies that eliminate risk. Just wondering if everyone else is putting out a lot of...
Mike Stahlman
Looking for an Investor friendly Lawyer
We are looking for a realistate investor friendly lawyer we can work with in this virtual world we live in. We are located in Missouri so someone licensed in the state would be best. We are starting our journey Ian ha...
Daniel Ferster
Deed restriction OR leach field lines
Hey all,
So I have this property that's a 2 bedroom I'm converting to 3 bedroom. In doing so, the city I live in requires one of two things... I can put a deed restriction on the property to four occupants OR I can a...
Frank Vent
Looking for Financing on 1.2m Property
Greetings,
My partner and I have come across a property that is 1.2m listing price . It would be or first investment property together. We are seeking an investment for down payment around 200k. Roi is 14% annually. ...
Ryan Davis
Info Needed on Renovations
Hello Everyone,
I recently purchased my house last June and have been renovating myself since the day I moved in. My question is, how can I better manage the renovations financially to complete my goal of 2 years f...
Michael Watterson
First Investment deal
Investment Info:
Single-family residence other investment.
Purchase price: $35,000
Cash invested: $7,000
I found this deal via a wholesaler. Negotiated the price from $60k to $35k and completed $44k ...
Huiping S.
Can we put tranditional IRA and HSA into one LLC
Originally planned to use tranditional IRA and HSA together to buy SFR and work under one LLC. Legal person said can't put those two under one LLC and the tax will be very complicated. Lawyer suggested to have two LLC...
Victor Kyi
Lexington SC for my first REI
Hello BP folks, I’m looking to pull the trigger on a new construction property in Lexington SC for my very first REI, my initial investment is about 65K which would have a COC of 6%, would like to get some feedback/gu...