Kelly Cole
How does wholesaling work?
Hello, I've been studying how wholesaling works for awhile, but I don't have a clear sense of how you get the property to closing and how you get your "wholesaling fee". For example- if I found a property for $80k and...
Jeffery Suddeth
Question about creating an LLC
A friend of mine is an insurance broker. He said most of his real estate clients create a separate LLC for each property. That way a tenant can’t sue for other properties you own. Is that what most people do? If you a...
Matt Vaughn
MLS Virtual Tour Anyone?
So, I've always heard that real estate agents have MLS access, which is clearly superior than the online tools available to the public, but it's always been unclear to me what exactly an investor is gaining from that ...
Joshua Brandon Mendez
Buying Squatters Question's 2021
Hello!
I'm a fairly new investor with my portfolio only being a duplex. I recently got a lead on a house off market and have been waiting for the family to go through probate to get the rights to sell the house. The ...
Stephen Pursey
Question about getting a second mortgage for another property
Hey guys. First post here! I have a quick question. I just purchased a house in a great rental area. I purchased it for $100,000 with 25% down. Mortgage, Taxes, Insurance total $600 / mo. I can get $1000/mo in rent + ...
Marcus Daniels
Stockpile cash/cashflow rentals
Hello BP,Newbie here..So I noticed that quite a bit of folks hold a stockpile of cash for each rental property that they have to be safe. Say you buy a reasonable priced home that's in fairly good condition low maint...
Chris Feltus
Property Overview Forms Example
I am new and still in the process of educating myself, and have yet to place a property under contract. With that being said I am coming up with templates to present a property once its under contract, and I would app...
Chris Hull
Bookkeeper and Accountant
Hi, Can anyone refer me to a good bookkeeper knowledgeable with using Quickbooks for real estate in the north west suburbs of Chicago. I don't mind doing it myself but I'd really like to have someone I could go to w...
Mike Curadossi
Residential Investment Rate and Term refinance
Hello,So I am in the process of refinancing an investment property with a 30yr fixed rate residential investment loan. It has been about 5 months so I started the process so the property would be seasoned for 6 month...
Russell Frye
Insurance on a flip?
I just bought my first flip house and was wondering what type of insurance if any I should buy. I am a newley minted general contractor in eastern Washington and I'm insured and bonded but I'm not sure if property own...