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Results (10000)
Brennen McConnell Is it normal for hard money lenders to charge points up front?
18 February 2020 | 12 replies

I am talking to a few different hard money lenders to close on some properties that we will be doing a BRRRR on, and one of them is offering very attractive terms with 100% financing of both the purchase price and reh...

Jonathan Farber Is it possible to make referral commission recommending a lender?
28 March 2023 | 11 replies

Hello BP world.  I know you can receive a commission as a real estate agent / broker if you have a license and refer business to someone, but does the same rule apply to mortgage lenders/brokers.  Example - you have a...

Mitchell Maginnis Down payment %?
21 January 2023 | 15 replies

I am curious as to what fellow investors are putting down as a down-payment on STR's. What is everyone's opinion on this subject? I am attempting to scale my portfolio of STR's and have cash that is burning a hole in ...

Sheltocks M. How can I perform a background check on a senior
21 August 2019 | 20 replies

Help please:How can I do a background check on a senior who want to rent my 1 bedroom apartment in Mercer County NJ? He's 90 and doesn't have an email address so I can't process the usual background check via Transiti...

Matt Willis Income Tax on New York State LLC?
11 November 2018 | 10 replies

I'm looking at purchasing some sfr or small multi families in the western New York area. Does anyone know the income tax rate an LLC would pay in New York State? Besides being able to write off expenses, and deprecia...

Sam Ganden What should we do? Opportunity for 1st rental invesment.
26 September 2023 | 9 replies

Hi!My fiancee and I are new to real estate investing but want to get started. For broad picture to weigh decision... We're 30, make a combined $241K/year, have a combined net worth of about 400K (222K in retirement fu...

Jonathan Newman Evaluating deal on 4-plex
23 February 2008 | 11 replies

What are your thoughts on this deal?

It's got 4 1br/1ba units. Comparable rents in the area are $350-390, some including partial utilities.

Asking price is $29k and it needs "about" $25k in repairs, which can be ...

Kirk B The Reserve Expense Prinicple of Property Analysis
12 August 2009 | 6 replies

I was looking at a property that had extremely high taxes in relation to Gross Rents:

2 apts $500 ea, $1,000 Gross
Taxes: $4,250/yr $355/month
...

Frank S. Information on Chicago and Cook County Research Websites
18 February 2017 | 11 replies

Hi all, I hope this helps neophytes like me to facilitate the (required) research when buying properties in Chicago.It helps you know who you are dealing with.  I found this info through pure elbow grease. Find the De...

Tiara Murray What exactly is a quit claim deed?
3 April 2009 | 12 replies

I've seen it thrown around a few times but, I am not sure I fully understand what it is. Please enlighten me.