Jason Lewis
Actually Getting Started
Hello all,I would like to get some thoughts on whether it is worthwhile to meet with an attorney to set up an LLC and the actually contracts/assignment contracts to make deals work.I tend to be a DIY’er but an skeptic...
Nicholas Z.
Getting started with private money lending
Hi everyone,
After several false starts in my real estate investing journey, I feel like I’m finally educated enough to give it another try.Due to my current situation (dealing with health issues and primary source o...
Shawn C.
Want to start investing in San Antonio TX
Hi BP! I’m in my mid 40s. I am an FTE working in technology management for a large financial services company. I’m also a real estate broker on the side but willing to give that up. Ultimate goal is to work for mys...
David A.
Tenant just text me to collect cash for this month
I used to collect rent through either chase quickpay or money order but I just received a text from my tenant saying he will pay me in cash. I am set to pick it up in 30 min. Do you guys ever collect cash, I don't lik...
Jason Mak
do you ever pit lenders against each other?
Just curious if anyone has any thoughts on pitting lenders against each other. I have a lender who keeps on asking me to give them the other lender's term sheet so they can "beat it". And I keep on telling him th...
Antonio C.
Appraisal of a not yet rehabbed property
Hi,
I have been offered a deal in Philadelphia. This property stil needs to be rehabbed by the person who is offering me the deal. I would like to know if I can get an independent appraisal for the ARV from ...
Maggie H.
Divorcing and have half of retirement & stocks coming
My husband has always been very secretive about the two items above, but I believe he has a self directed IRA and most of his retirement is in stocks. He use to talk about changing his stocks to cash when he had an...
Olivia Story
determining offer price
I am looking at my first rehab flip property and am having a hard time finding a good offer price. When researching how to get my offer price, I see several methods to get there. The MPP (Max Purchase Price) suggest...
Craig Rismiller
Tenant Screening Tip...
Just wanted to share with the BP community a couple of tips that came into great use while screening a perspective tenant:
1. If available online, check with the county assessor who actually owns the property...
Ace A.
Removing Oil Stains on Driveway
Hi,
Does anyone on BP have any experience with removing oil stain on a concrete driveway? I have a tenant in place, and I went over to the property and noticed a huge 3 foot radius oil stain on my driveway.
...