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Hey BP,I got wrapped into an informal partnership on a real estate flip project that we are about to sell after 3 months of rehab. We split the costs 50/50 and we are about to close soon. Since the partnership/deal wa...
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Hi all -Do you have any tips on the best legal structure on partnering for a fix and flip?I met with another rehabber yesterday, and we'd like to pool funds together. We'll be using hard money on most flips. Our plan ...
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I want to rent a single room in a rowhome I own and live in to a single long term unrelated person in Philadelphia. Is this legal and do i need a rental permit in Philadelphia? I have done this before through Airbnb f...
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Hi everyone. I’ve got a question and would love if anyone might be able to help me out with a question I’ve stumbled upon in the middle of potentially working with another wholesaler. They’ve got the property under co...
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Can anyone recommend a good and reasonably priced place to get an insurance quote for my first condo rental. We are in escrow on our first investment property, which is a condo. I got a quote from an agent who went w...
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I am currently studying to obtain my Real Estate Brokers license. I am also looking for my first fix and flip. I was wondering if those of you who hold a Broker or Agent license keep your business separate or integ...
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Hi all!
Soon enough I will probably pull the trigger and buy a MF property so Im trying to get the fine details ironed out before I hit the ground running. Who would you guys think are the necessary people when asse...
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Hey team!I bought 3 properties last year giving me a total of 4 investment properties, plus my personal home. When the bank opened my loan on my 4th investment property, my credit score dropped 90 points. This has NEV...
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Hello again,So as I get ready to make some money moves this year, I am looking to add a Money Man or Woman to my team. Now one of my problems is that I do not understand the difference between a Tax accountant, CPA, T...
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I'm in the process of acquiring my first STR and am hoping to using 2nd home financing for the deal. What I am running into is, the lenders that I have been working with are stating that I need to purchase the proper...