Jennifer Soelberg
Contractor Payment Schedule
About to close on a house in about a week and was curious how and if people paid their GC’s on a “schedule.” For example if their bid was $30k, pay them $10k at the beginning to get materials, $10k when they’re about ...
Corey Dutton
Be Sure to Count ALL Costs on a Real Estate Rehab Project
For real estate investors who are building up to do their first rehab projects, don’t forget to add up all of the costs before you calculate your profits. Too often, the classes that teach you how to make money “flipp...
Ally H.
Effective Start Date of Insurance Policies
Is it typical for a mortgage lender to require that the insurance policies start way before date of recordation? Our home and hurricane policies start 17 days before the actual date of recordation, so it seems odd to ...
James Morrissey
Agent Negotiation Tactics: Personal Check Payment
Is it usual to see an agent write a personal check to cover a monetary dispute among the buyer and the seller? An example, that did not happen in our case, may be paying to cover tv wall mounts. Thanks!
Kyle Beauchamp
Need a review of single member LLC operating agreement
I recently registered a single member LLC in Kansas. I got an EIN from the IRS. I opened a business checking account. I have the first property under contract. The title company is asking for an operating agreement. I...
Kevin Barba
Getting started with a HELOC
Hey everyone 👋I am new to investing & looking for guidance or even examples of how to make a heloc work for buying additional real estate. To keep it brief (I know more detail is probably needed), if I use a heloc...
Steven Barr
Single Family Home Portfolio Valuation
In the eyes of the lender (specifically for cash-out refinance), are single family home portfolios based on the income they produce? or strictly comparable properties?Example: You buy 20 duplexes for $75k each on the ...
Sloane Kraftsow
5 Takeaways from the STR Summit
Hi! I am currently attending the STR Summit in Austin, Texas, and I just listened to guest speaker Nancy Rodriguez from Love is Blind. Nancy gave an exciting and informational session on the difference between short-t...
Sean Dezoysa
Okay to apply for many HML loans at once?
Deals can move quick, is it okay or even standard to apply at many HMLs at once? And if you get multiple approvals take the best option and decline the others? I understand many HMLs have an application fee so I think...
Michael Williams
Online Property Management Courses
What are some good online property management courses? I'd like to add 7-12 units to my portfolio in the next 5-12 months and I'd like to continue to self manage. Need more property management knowledge about creating...