Mike Roy
What is your Retirement Cash Flow Number?
Hello BP - I've been thinking quite a bit about the amount of monthly cash flow I'll need to quit the rat race and provide a comfortable life for my family. Here's very broadly what I'm thinking:Gross Monthly Cash Fl...
Peggy Joselin-Davidson
What to do with vandalized owner occupied property
What to do with a property that’s been vandalized by a family member. I can’t afford to repair it. Two family home in Massachusetts. Running a Mid term rental on first floor, which is furnished. Midterm rental guests ...
Devin Newton
Cash flow question on Brandon Turner’s example
Hello everyone,My name is Devin and I’m pretty new to the spectrum of Real Estate. I’m currently reading The Book on Rental Property investing. I’m on chapter
Lafi S.
Repair Estimate Form
Does anyone have a contractor's form that I can use to itemize repairs needed on a property? I will be using it to send to the bank on one of my short sales. If anyone can provide me with this it would be greatly appr...
Victor Mammarella
Seller finance information sheet
Hey, BP friends many sellers and agents don't understand seller finance and have a lot of questions. I made a Q&A to attach to all my offers to help explain the process and make it less confusing. Let me know wh...
Kevin Coleman
Quitclaim deed to warranty deed
I bought 13 home lots in a neighborhood from Liberty county TX and received a quitclaim deed. The county held these lots for 5 years unable to sell for the full amount of back taxes. They accepted a highly reduced bid...
Kevin Boyd
Commercial Loan Question
I posted this in another form. I purchased a 17 unit, 3 building retail/warehouse space for $2.15 mil. about 16 months ago. At the time it was about 65% occupied. It appraised for $2.3 million. I've done some remodeli...
Diem Tran
I got another stupid question about the 50% rule.
Hi Everyone,I understand that the 50% rule is basically, in MF, is the general rule for expenses which includes vacancy, management, trash, etc. But is it taken from the actually income or potential income or potenti...
Arjun S.
Rent rooms in my owner occupied home
Hello,I recently bought a 4B home and moved-in a month ago. I am wondering if I can rent rooms in my house since I have 4 rooms and I am the only one living. This home was not classified as an investment home for mort...
Aytaj Vily
Should I set up an LLC for Real Estate commissions?
Hello everyone! I recently passed the MD real estate exam and received my inactive license. I am in the process of connecting with a broker but before I finalize my paperwork with them, I was wondering if I should cre...