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Hello fellow BP Members,I wanted to share me and my business partners financing for many of our deals. We currently have built our investment business to 20 unit in 2 years. Our first few deal were with our own mone...
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I’m using the brrrr strategy do I need 6 months in reserves to refinance I used hard money to purchase & rehab
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We just got a great deal under contract, with the one caveat being that it's in the 100 year flood zone. At a high level, this will be a buy-and-hold rental for us. The property is newer house (2001) and has never f...
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Hi, any thoughts on where to create an LLC? I've heard Florida is is one of the states that is landlord friendly and that it would be a good place. I've also heard that Utah and Montana are good for anonymity.
I curr...
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As an investor, I am trying figure out how wholesale listings work in South Florida.I stumbled upon a property, as a cash buyer, and before I could present the offer, a wholesaler got it under contract.Now the propert...
so... 2 properties come up (in the path of progress) with the following history: would any investor ever consider getting involved?
From NYS Supreme Court
In February 2010, applications were filed wit...
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We currently use Zillow rental manager for listing our rental homes. We seem to get a lot of inquiries to view the properties prior to filling out an application/ confirming qualified. Trying to avoid countless hours ...
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Normally calculating annualized returns is very simple: sum all of the profits and divide by principal and by holding period. However, when there is a refinance event in the model, the cash flows are much lower becaus...
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Hello friends, I'm planning to build and rent out a 500sft in-law suite, It is attached to the main building and I have existing duct to the rooms. But we usually turn off the AC/heater at night, not sure if it will b...
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Is a malfunctioning bathtub drain stopper switch normal wear and tear or property damage under broken fixture?It's a shared bath so harder to point fingure at one tenant. It's also an old house I purchased a year ago ...