Mikielle Elum
Buy and hold in Kensington Philadelphia
I am afraid! Under contract for my first investment property in Kensington Philadelphia. It’s a war zone down there but tons of new construction. Seems like the city has pushed the junkies further down into upper Kens...
Soniel Estime
What would you do - Tenant broke AC
Hello, I have a tenant who stated that their AC was not working. This was strange because I had the AC assessed last year and refilled with Freon. It’s an older unit and I was planing on replacing in 2 to 3 years but ...
Luke M.
Foreclosure, trying to get my numbers right! Advice please
Would really like to know what your guys/girls thoughts are on this deal. Am I close to getting the numbers right? What are your thoughts on these numbers if I do for some miracle have them right? Thank you
S...
Muhammad Akhtar Shiekh
Looking to buy my first rental property! please help me think clearly.
Some background:- I bought my primary residence in Frisco, TX in 2019 and then I moved to CA last year and rented out this property. So now I live in CA and manage my rental remotely.My goal:- I have 120K cash that I ...
Katherine O.
Philadelphia Kingsessing Neighborhood
Hello Everyone,I have a question which I realize now I should have asked much earlier. I live in San Jose and I'm considering buying a SFH in Philadelphia in the Kingsessing Neighborhood. It's south of University Ci...
Marshall Secord
Flipping and saving on taxes with a Solo 401k
Hi BP, I've been flipping houses in Philly for nearly two years and I am coming up on my first year that I need to pay taxes on my gains. I recently met with my CPA to go through some of the best strategies to minimiz...
Lucia Lilac
Help Septic Tank!…..
Hello BP! I was looking to purchase a property but I don’t have to much knowledge or experience on septic tanks. is that something to avoid? What are your thoughts?
Matthew Morrow
PM Company Startup- Software
Were beginning the process to create a property management company- with 150-200 doors out of the gate. We also will be considering acquisition of an existing company with systems in place.
Curious as to the software...
Brennen McConnell
Is it normal for hard money lenders to charge points up front?
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?
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...