David Dorsey
Florida or somewhere else?
I live in New Jersey , specifically the shore area, where real estate is too high for a beginner like me to really profit. Just check the number if you don’t believe me. I’m currently running a business here but my fa...
Jason Merchey
6-7% Return Wanted on a Rock-Solid Investment Vehicle
What do folks suggest for a profit-making idea that is in the "very, very safe" category, but returns as high as 6-5%, no fees. I have a broker who can get me into REITs, but that tends to be 6.5% minus 1.0% in manage...
Steven Mitchell
GC contract/draws/fairness questions
Hello,A little background. This past year we have run the gamut of GC's. A fellow rehabber was taken for 23k. The GC just took the money and never showed up. I had a few bad experiences culminating with this last ...
Hans Restuccia
Would anyone care to share the contents of their BUSINESS PURPOSE AFFIDAVIT??
Here is some language from the one we are using:
2. The entire proceeds of this loan are to be used for a business purpose and not for personal use and the property will be rented for a period in excess of 12 months....
Bradford Myatt
LLC Question
Hey All,I will be closing on my first SFH next week and purchased it with a residential mortgage. At the advice of my attorney I formed an LLC to protect my personal assets as I continue to grow. After speaking with...
Leonard Fuaau
Working with contractors
Good morning BP family,I am new to the real estate investing world and I have a few questions. I am meeting a realtor at a property in the Puyallup, Wa to take a look at a potential deal. My questions are as follows...
Stephen Brown
Rod Khleif's Multifamily Bootcamp
Hey gang. Has anyone been to a Rod Khleif Bootcamp? My partner and I attended the Cicago one, and I have to say that there was a lot of content given out. One thing that we were surprised about was the fact that OUR P...
Adam Craig
Out of state investors please help
For those experience out of state investors....
I am a relatively new investor in Cleveland. I own 4 properties in the suburbs that I have managed by a PM because I run an internet business that takes up mo...
Danilo Grullon
architectural plans for new construction
Hello fellow investors. I'm looking to build a single-family house in Miami and interviewing architects. The plan is to build a modern two-story 3200 sq ft house, 4 BD, 4.5 BH house with a garage. The architectural...
Rafael Ro
What are some realistic tenancy terms and maintenance costs (turnkey)?
Hello all,I'm trying to analyze deals by plugging in the numbers into a spreadsheet, but I'm struggling to figure out what numbers to use for vacancy and maintenance?Specifically, some of the deals I'm considering com...