Deirdre Callan
Buyer has done a lot of unauthorized work before closing.
The buyer if my duplex had asked torepair the overhang on the roof, and fix the outside staircase so the bank would approve his loan. I went to the property yesterday, and no less than 10 men were working on the insi...
Rhett Z Begley
New LLC/S-Corp establishment advice
Good afternoon everyone!
My wife and I are moving to Virginia in three months and will start flipping houses when we get there.
We’re getting an LLC and S-Corp set up now so we can hit the ground running when we ge...
Blake Lowderman
Small College Town Portfolio Seller Finance
Looking for some advice on a large investment opportunity from the BiggerPockets community. It would be greatly appreciated. A little background about the town/community/and my self. I’ve been investing in real estate...
Ramon Owens
Is renting to HUD (section 8) a good idea?
I have 15 newly remodled homes and I got a call from a rep with HUD asking me if I could lease them to thier clents.Is this a smart thing to do?I have herd the rumors on how they tear your property up and just add mor...
Jj Horst
Newbie steps in it. And it's messy...
Ok so the short story is my wife and I bought a duplex we were currently renting when the owner sold and were introduced into the magical world of house hacking and how great it was. WOW this is the way to go, how cou...
Abad Marroquin
How would you structure this deal?
Hello BP community. I need a little help structuring a deal with an investor. I found a deal. It's a multifamily property that has potential to increase rent of $150/unit with minimal improvement. 13 Units. I am buyin...
Norman Berman
Good holding options besides an LLC?
Hi folks,
Wowwww I am so pissed at my home state of California right now:
I am planning out of state investments in buy-and-hold multi-family properties. (Insert standard California refrain: "It's too expensive her...
Kathryn Schauer
At what point do Negotiations end?
I'm under contract on a SFH that I plan to buy and hold long term. Close is set for April 15th. The inspection is done and the repairs identified in the inspection have been addressed. Appraisal is done. Now with ...
Gurjotbajwa Singh
newbie investor facing a analysis paralysis
Hi BP community!Iam a student just completed my studies in construction project management from fanshawe college in London, Ontario ( Canada) migrated from India in 2018. I am very firm to became a real estate inve...
Dana Brown
Reasonable profits
Relatively new to flipping/rehabing. The rule of thumb we always hear is 70% of the AVR and rehab deducted from there. In our market the median sales price is close to 300,000. I understand in a <100,000 market how...