Hannah Forman
LLC for 9 plex, will it affect DTI
Hello, I am a real estate rookie. I am hoping to seller finance a 9-plex from a family member, but I am trying to figure out the logistics. I want to keep it very professional, and set myself up for success as a busin...
Eliott Elias
Traits to have as an Investor
I see too many newbie investors get caught up with the numbers, when they should be perfecting soft skills. Ex: negotiation, relationship building, team management etc... Deals are created, not found. This is where yo...
Tom Murphy
LLC Ownership Transfer
Hey guys,Just looking for some knowledge from someone with experience in this arena. I have an llc in which I have been purchasing properties through already, however the banks usually charge 20-25% down payment when ...
Ron Brady
Insurance Adjuster Challenge
Appreciate BP assistance on a problem. New investor/first property. House was REO and winterized. We had plumber come out to turn on furnace for first time. He shared that the flame was orange, indicating furnace not ...
Patrick Hubbard
Lease Agreement Help
I need some advice. This is my first rental property, and I need some advice on filling out the lease agreement. What advice would you recommend? I live in Texas
1. They have three small children. Do I list them unde...
Asare Nkansah
Should we acquire an LLC while House Hacking?
My wife and I are moving into our house that's south of Denver (Castle Rock) with the intention of househacking it. There's a mother-in-law's suite in the basement that can be accessed through a separate external entr...
Joel Owens
German Cockroaches
Okay met the bug guy today at my complex.He said the problem I have is German cockroaches.
Stated tenants have to stay clean or bug problem won't go away and that all tenants have to be clean or bugs will spread to o...
Ram Kakulavaram
Rental cap of 10% increase - 4S ranch san diego
Hello,I have a rental property ( Condominium ) in 4S Ranch, Sandiego, I am currently 30% lower than the current market rate. i wanted to confirm if the rental cap of 10% per year Maximum will apply for me? I found ...
Andrew Ralston
Interest only loans?
Does anyone have any experience with interest only loans for home purchase?
Anthony Butcher
Buying a mobile home.
Hi,I am looking at buying land, and I came across a lot with 5 acres that has a mobile home on it. The mobile home was built in the 80s and looks like it just needs some love. I am thinking of buying to do a Brrrr. Th...