Chad Lockman
Escrow Account Question
I am not sure if there is another type of account out there for the situation I am about to present... escrow is the closest term I can think of.Is there some type of escrow account in which a private lender can depos...
Troy Forney
vacancies and reserves
So I have heard of the 50% rule and also 40%. I am currently working on my 3rd SF in less than a year and am closing on a 4th in a couple weeks. I have so far completely rehabbed all properties. I don't want a pro...
Rachel Van Huyssteen
New House Hacker: How do I create a lease?
New House hacker here: How do I create a lease? What must be included and what is un necessary? Do I need an attorney to draft one? Please advise. I appreciate your help and comments.
Gerax Sotelo
Aspiring Investor in Dallas, Texas
Hellooo!!!I'm Gerax from Dallas, TX. I'm a newbie trying to get into real estate investing. I don't have any prior experience. I currently work full-time as a technician. So far, my goals in the next decade are to hav...
Quianay Laing
Where to put flipping income?
Hi there!! We are doing our first flip and are debating where to put the income going forward in terms of managing our business.. We know we are going to immediately use some to purchase more property. Those of you wh...
Jordan Potter
The Wholesaler Key Performance Indicators (KPI's)
Recently inspired by the book & Podcast "The ONE Thing" - A question that is constantly asked is - "What is the ONE thing I can do that will make everything else easier or unnecessary?"I would like to start the co...
Justin Taffera
Please help me BP I need advice!
Hello all I once again for my 2nd time am turning to BP for some much Needed help. I recently past few months/year have a pretty nice chunk of money saved up. I live in Northeast PA and recently put a bid that was acc...
Andrew B.
Newbie from North Jersey - First Purchase
Hello everyone. Beginner from North Jersey checkin in. Im 24 and made my first home purchase last year, and have been obsessed with real estate investing ever since. Main interests are flips and buy and holds. Ive bee...
Johnny Situ
Forming an LLC for rental property portfolio
Hi BP folks,
I have a situation like this:
1. I have 3 rental properties in SC
2. I am considering hiring my retired parent to help with my business so that I could properly deduct those expenses
Shall I form an LLC...
Emilio Pereira
Buying home to put on Section 8 and for relative.
Good Afternoon BP members,I have a few quick questions and wondering If I could get the feedback of some of the more experienced in the purchasing for section 8 method. 1. I want to buy a house to put on section 8 i...