Lucien Perreault
Private money lending company
Good Morning BP,I am starting to get into the private lending side of real estate after expending all of my resources. I have started an investment LLC and a contrarian idea I came across is a strategy where I could l...
Atul Mathur
Do you need to use a licensed electrician/plumber etc.?
Is a landlord required to use a licensed tradesman when doing work in your unit. I'm thinking of smaller handyman type jobs like changing a switch, replacing hoses on a washing machine etc.Is there any potential for...
Chris Johnson
contractors contract agreement
hi flippers,
I would like to know if you do any paperwork with your contractors. Or you just hire them assign work and monitor. I am reading some books which suggest to maintain contract agreements. I think it is ...
Chase Caudill
Owner not providing proof of month to month leases
Hello everyone, I have my first 4 plex under contract and I’m planning on house hacking it. Two of the units are supposedly on month to month leases. Tomorrow is my last day before I lose my earnest money and the owne...
John Underwood
STR replacement cost insurance with increased building costs
I just received my Foremost insurance policy for our STR Lake house.We have replacement cost insurance, but the amount seems low in today's costs to rebuild. Our Lake lot is a good chunk of the value but still I wonde...
Ty Mould
Agent wont allow me to assign the contract
Every time i put an offer on a house, i get told that the agent or the seller will not allow assignment, which kills the deal immediately. Is there a way around this besides double closing or off market?
Are Hvalbye
SPV Valuation, Equity Sale Structuring & ROI Calculation?
Some questions for those with a few development projects under the belt and a good grasp of the "financial engineering".
Let's assume the following numbers for a multi-unit suburban residential project:
Newbuild sal...
Dar Baruchim
Requesting Advice: Purchasing an apartment in building that failed inspection
Hi All,
This would be my first investment property. The unit, in North Miami, would be paid for all in cash since the building didn't pass the fire inspection (ie. proper exit signs, etc) and wont be approved for a m...
Andre Minott
Incorporating to receive checks vs Incorporating the property
I have two properties, one in Maryland and one in NY. Both are section 8 tenets, and I want to form an LLC just so they can pay rent to the LLC.
Here is my question: for tax purposes, does that matter? Do I need ...
Justin Gomberg
Financing A Capital Expenditure (Bookkeeping Question)
Hello everyone, What is the proper way to log this transaction? I am using TenantCloud to log income and expenses for my properties. TenantCloud does not link directly to my bank account like QuickBooks. I had excava...