Jennifer L.
Thinking about becoming a Mortgage Loan Officer (MLO)
Hello everyone.I recently joined BP and found inspiration with the BP podcast guests, especially with the older crowd who started real estate investing later in their lives.I am thinking about transitioning my career ...
Andrew Baumann
MTR vs LTR?
I just purchased my first home in Charleston, SC. It is a 3 bed 2.5 bath and it came furnished. I plan to live in it for a year while renting out the rooms and then rent the entire place after I leave. I am considerin...
Will Sifert
Need some advice contacting home owners who are in pre pre foreclosure
Hi,
Through the local clerk of court's website I am able to go online and find all of the properties where the bank has just started the foreclosure process in the last week or so. I am exctracting the information an...
Dewayne Perry
What ratios to look at for loaning private money? LTV, LTC?
I'm wanting to get into PML. I understand the after repair LTV should be no more than 65-70%. But I'm more confused on the LTV prior to rehab. Let's say a property cost $300K and needs $150K for rehab so total cost $4...
Brian Greenway
GC terminates contract early and leaves unfinished jobs
GC is about to walk out on me. We are in the middle of a remodel. We have a contract. I haven't payed anything upfront so it is not a money issue, more the fact that there are half done jobs left behind and another gc...
Ryder Meehan
A Review of HouseCanary.com Property Reports - Not bad!
A friend sent me a link to this new beta site for property analysis reports call HouseCanary.com. I was a little skeptical since the market I'm currently investing in is a smaller town (Sherman, TX) and has less comp...
Harrison Sharp
CRM Help - Worth it?
Hello All - had my license for a little over a year now and have done like 14m in sales. A majority of my clients have been through word of mouth, referrals, networking on IG and FB, and bigger pockets.
I have only ...
Albert Velasquez
I have money, how do I get started?
Hi BP, I have a good amount of money from an inheritance. I want to get started in REI, but I have zero experience. I have learned a lot in the last month. I was thinking of finding someone to partner on a BRRRR with....
Jonathan Taylor Smith
Mortgages in Personal Name versus Business Entity
My first 3 properties were financed with 30-Year Mortgages (@ ~4.5% Fixed) in my personal name (Yes, I know... Bad, Bad, Horrible - Worst thing I could possibly do); and my $300K Liability per property + $3M Umbrella ...
Eric Coats
Fees for managing the property manager
I'm about to close on our first out of state multi family property. My brother and I have an LLC setup. I'm the one who found the deal, worked with the lenders, found the property manager and will manage the propert...