Lisa Asselin
New purchase - Knob and tube
Hi All,
I am in the process of purchasing my first investment property and found one with great numbers but inspection found knob and tube in attic and some in basement. According to the listing/owner the electrical...
Linda Weygant
Scammed!!! Help?
I had a tenant who asked me to set up an online payment service for her or her father to make rent payments to. Her father is from California.I set it up through my QuickBooks software using the Intuit Payment Networ...
Jaron Smith
My next deal? 9 units for $80000!
Hey all,I need some guidance, I’ve recently discovered a house FSBO. I met with the owner and looked at it and was intrigued by the opportunity. It is an old 9 unit hotel that he has gutted down to the studs. No plumb...
Chanté Owens
Advice Needed on Possible Investor Full Build Project
Ok, I know my limitations and as a first venture into RE investing, this isn't anything that I could do; however, I know of at least 3-4 investors that could potentially be interested in this; however, there is a trem...
Paul K.
Military TDY - Staying in a property owned by your LLC
Hi everyone,I was wondering if anyone had any experience or could provide some insight with the below:I will be TDY regularly to the same location for extended periods of time (60-120 days a year) and will be authoriz...
Account Closed
Buying property without RE agent
Hey everyone, i'm still fairly new to this but in the process of reading and educating myself, i was confused about using real estate agents or not. Let's say i found a good multifamily property listed on loopnet or z...
Jonathan Johnson
What's an attractive offering to help with the downpayment?
Hello BP,If I find a good deal on a large apartment complex, but don't have the money for the downpayment ($500-700k), what kind of product or offer can I structure to talk about with friends and family who might want...
Matt Gooding
Looking for input from fellow investors on how they do taxes
New investor here who recently closed on my first 4 units. The 4 units are owned under a LLC that is set up as a partnership between me and my wife. I recently met with a CPA to discuss my tax filings for next year an...
Justin Dao
What comes first, the chicken (HML) or the egg (the deal)?
Hey all,Newbie investor here. What comes first, the hard money, or the deal? Is there such a thing as getting “pre-approved” with hard money lenders, or is it more typical to bring a deal to a hard money lender? Or...
Will Holmes
Young guy looking to invest in first property
Hey there, my name is Will. I'm originally from New Hampshire but currently live just north of Boston. I am 24 years old and work in tech.I found BP a few years ago through another business forum but was only a colleg...