Jimmy OKane
Blanket loans for possible refi
Does anyone have any experience with blanket real estate loans? I was looking to refi property and someone mentioned that it may be beneficial to move all five of them into one blanket loan. I’ve never heard of this a...
Julio Gonzalez
Cost Segregation Asset Classifications
Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...
Lucio Palanca
Business expense for an LLC
I purchased a single family home under my LLC as my first foray into rental properties. There are repairs that need to be done to the crawlspace drainage which would cost about 10K. Can I expense that out as a busin...
Matt Wells
Will a commercial loan affect my abilty to get a Fannie Mae loan?
If I purchase a rental with a commercial loan from a bank in an LLC, will that loan affect my debt/income ratio and my ability to get a Fannie Mae personal loan in my own name? I'm trying to maximize my borrowing abil...
Cristina Filipe
Managing other people's STR
For those who manage multiple (other people's) STR properties: What is the best way to set up multiple listings as a co-host - do you list on your own personal profile? Do i create a business profile for hosting on ai...
JR Paulemon
Housekeeping needed for AirBnB Rental in East Orlando, FL
Hello BP Family!I am looking for a person that specializes in housekeeping for AirBnB/Short-Term Rentals in the East Orlando, FL area. References would be greatly appreciated. For right now it is one property they wou...
Eric Weireter
Commercial Lending - 80% LTV/20yr AM/4-4.5% - Any better options?
I'm on the prowl for a commercial lender in the PGH market. I've called about 20 community banks in the market and the best terms I have received are: 80% LTV for 20yr AM @ 4-4.5% - many banks offered something along ...
Eric Nunez
Deficiency judgement from property bought in LLC - help!
Hi guys - I’m a new investor and purchased a property in my LLC with a promissory note. It was a short term loan and I ended up defaulting and the lender foreclosed.
Now they’re pursuing me for a deficiency judgement...
Jim Henry
Investor / Manager Profit Split on Flips
What is the usual percentage split of profit on a flip where the investor brings all the money and the other person does all the work?
Are other financing arrangements common such as percent on the loan plus a cut of...
Kevin Tang
LA-OC Tax Professionals?
Hoping to chat with tax professionals who have experience with RE investors and small business owners. Any recs?