Jerry Maggiore
Wholesaling Checklist to Get First Deal!
I know the basics on wholesaling and how to evaluate properties and where/how to find them. The trouble that I’m having is once I find the property, now what?Like how do I actually go about purchasing the property and...
Joel DeLuca
401k loan for Down payment and contingency fund.
I have a 401k with a previous employer that will allow me to take a loan against. The company is a large multinational that is unlikely to change plans suddenly or be bought out.
I would be looking for conventional ...
George Smith
Quality of contractors estimate
I realize that there are many more important aspects of completing due dilligence(referrals, background check, etc.) but how much weight does the appearance of the actual estimate they hand you carry in choosing a con...
Petra M.
Replacing kitchen appliances - easy?
I'm looking to freshen up my A class property kitchen with some new appliances (stove/oven, dishwasher, and range vent), sink, and a granite counter top. How difficult is this to do? Is it just a matter of ordering ...
Victor Sprague
Tenant Issue: Need Advice
I'm looking for some advice regarding a tenant issue. I have a 4 plex in Hamilton Ohio that my wife and I have owned since July 2021. Everything had previously been smooth sailing until I received a message Sunday nig...
Jason Edwards
Property Management Fees
What are the typical costs to have a property manager assume existing tenants? Since there is no tenant placement, what fee is normal to have them takeover?
Patrick K.
For investors with multiple doors. How do you set up bank accts?
Do you have everything flow in and out of a single account and let accountant does his thing? or you set up one new account for each property you own. or is there an even better method? I want to keep a more accurate ...
Michael Lerch
Contract Question: Paying backtaxes for seller
I have a motivated seller that owes around $10,000 in property taxes. I offered to pay the taxes + $13,000 for the home. I called the title agency and they said they can take care of this at closing.
Do I make the p...
Cel Arrington
Average Cost of Cash Out Refianance
hey BP!
I had a quick question about what my expectation should be around a cash out refi for my investment property. A lender I've worked with in the past for primary residence is quoting me for something like 6.5...
Tyler Fischer
Newbie Investor: What I learned from first reno project
I bought my first house in June 2019 as a fixer upper and wanted to write about some of the things I have learned over the last year. The house is a 4 bedroom 2 bath, built in 1957. I was able to get it for a good pri...