Melissa Mendoza
Need help analyzing this deal on multi-family home!
I found what I think is a GREAT deal in Queens, NY. It is an old, abandoned synagogue with a 4-car garage, small backyard, and rooftop deck. It is about 4500 sq ft. There are also 2/3 balconies attached to each floor/...
Moises Acosta III
Problem tenant in my first home that I turned in to a rental.
Hello all, I have been renting my first property for about 5 months now to a section 8 tenant.
This property was my personal home for about 5 years and I decided to rent out and test the landlord setting out.
The h...
Bernadeau C.
getting a loan as an LLC entity
Hey all, I need some creative ideas as it pertains to obtaining a loan as an LLC.I currently started an LLC and I am looking to obtain a loan for financing deals. None of the members in the LLC would like to put their...
Drew Slew
Jersey rooming house eviction standoff
Interesting situation: have 3 rooms rented on the 2nd floor of a jersey city 2 family house, tenants started attacking me the landlord after 1-2 months of living in apt, claiming its a rooming house etc, withholding r...
Nick Leamon
How Does DTI work within an LLC
Hey there BP Nation,I have scoured the forums for an answer to this question, and I have left more confused than when I started.How does DTI ratio work when you own some homes under your name and some in an LLC?My sit...
Alex D.
Renting out of state without PM
Hey BP!I did a little research but it was a little difficult to come up with consise steps or others experience so I wanted to ask!Let me provide background! I purchased my first primary exactly a year ago. I had the ...
Kulin Dakwala
Asset protection and umbrella policy
Hello BP Community,I am at New Jersey and kind of a beginner to RE investment world. So far I do have one SFR that's located at Michigan. I am exploring various asset protection options to protect my personal assets a...
Liam ONeill
Propert management renovation fee
Is it industry standard for a property manager to charge 10% of renovation cost over 10,000 because typically there will be attention needed from them. I should mention the pm hired a general contractor who gave us a ...
Mark Forest
Houses on slab
I have been wary of houses on a slab becuse I worry about having to drill up the floor in case there is a plumbing issue (and there always seems to be a plumbing issue). What are your experiences with houses on a sla...
Cody Cavenaugh
Investment Property Loan
Hello, i'm looking to get a loan for an investment property in dallas but can't go the traditional route due to too high of a DTI and being a business owner. Any recommendations on how to get funds for property? Curre...