Ayano Itoh
LLC with long distance investment properties
Hi,
This might be a very basic question. I live in Los Angeles, California and have an investment property in Texas. If I were to start an LLC, do I have to have an address in Texas? Or can I use an address in Calif...
Brian H.
Dan Reedy of Moore KC1
Has anyone had any experience with Dan Reedy of Moore KC1. He is located in the Kansas City area. The numbers on the turnkey single family properties he has listed on his website look good enough to start digging deep...
Cory Lader
Would you settle?
Hey BP! I'm wondering what you all think about this question.Would you settle for 5-10% CoC ROI in this high interest rate environment if the asset was located in an appreciating market?
Brian Scott
Refi question FHA to Conventional
Hello everyone,
My wife and I own a mutli-family home and purchased it in February 2022 for 495,000. We put 5% down using an FHA loan and currently have an outstanding balance of 450,063. We opted for the FHA so we c...
Phillip Austin
Should I fire one of my owners?
As PMs, 20% of our portfolios take up 80% of our time. A few clients or properties can suck up all of our time and attention and ultimately, prevent us from taking on more business. Our end goal is to be in a position...
Michael Challenger
First Time Home Flipper Looking to Connect w Lenders
Hey y'all, I have approached a point where I have built up more confidence in performing my first house flip in the Charlotte metro region. I currently am a resident here (so distance is non-factor) and I possess some...
Michael Baradell
Should I be paid a realtor commission if purchasing in partnership?
Hey Guys,
Myself and two equal partners just recently purchased a property in which I was the buyers agent. My question is, since this is a partnership, should I keep all of the commissions ( buying and selli...
Michelle Burgstaler
Refinance to pay off credit card debt - what's the best option?
I’m hoping someone can give me some sound advice. I have $24m in credit card debt, my husband has $0. I am trying to figure out the best option for eliminating the CC debt, plus having a little left over to help our s...
Justin B.
What's the worst advice you've ever received?
So in taking a break from the seriousness of real estate, what's the worst advice you've ever received (or seen if it wasn't directly to you) and where did you get it? No need to name names unless you are referrin...
Chuck E.
Tenant Complains AC Not Cooling to 68 degrees, Outside Is 114 degrees
This issue has occurred several times at different properties: tenants complaining that the AC isn't cooling to a ridiculously low temperature when the ambient temp is about 40 degrees warmer. My response has been tha...