Hi All,Pretty excited here, as after about a week, I may be able to lock down a property to wholesale. HOWEVER, I need some help figuring out the cost to repair it.It is a lot that has a construction on it right now,...
I am looking to do a cash-out refinance for a rental property which is located in the Cincinnati area. The quote I'm getting from a local mortgage broker is as follows: 30 year fixed conventional financing, 75% LTV, 7...
Hello BP, I am currently in contract to purchase my first property, and I'm super excited/nervous at the same time. It is a 4-plex in Austin, TX and I plan to occupy one of the units. The back yard is great- each unit...
I'd like to say hello to everyone and would like to extend my appreciation to all the posters. I have learned a great deal by reading this forum for the past few weeks. I actually came upon it while browsing other rea...
I've been doing this for a few years now and feel like I know what I am doing, but I also know it's good to get feedback from other investors to keep myself in check. I guess I'm looking for validation that I am on th...
I am moving in Fort Myers for work and the project forecast is 5 years.I am not sure if buying would be the best option if, after the project will be completed, I will need to move in another location.Is the rent a v...
Hey guys,My dad and I were wondering what we should do when it comes to LLC's and Utility payments. Should we have a one LLC to one property ratio or would it be better to have multiple properties under a few LLC's? A...
Meth Lab Concerns
My biggest concern these days is discovering a meth lab in an investment property.
The last time I checked, there is no insurance coverage to protect an investor from the costs and loss. It is my u...
Hey BP! Hope this is helpful for some and happy to dive in more re: the right capital structure for different types of business plans and investors. Thank you!What is Capital Structure?The way an investment or entity ...
This is from the MLS 2 ranch style 5 plex buildings on separate lots. Excellent potential. Newer metal roofs in past 10 years, 9 year old boilers and water heaters. 7 units remain vacant, 3 units rented on month to mo...