David Braun
Non Refundable EMD (in Multifamily)
Hi all! I recently lost a deal I was trying hard to get. We were one of the top two offers but we lost it when the other party offered non refundable EMD. I know this is very common, just wondering how to deal with th...
Jake Silverman
Will new water heater boost ARV
My Wife and I bought a rental property with the intent to use the BRRRR method. We have completed the buy, rehab, and rent portion. We are in the seasoning period to do a cash out refi. The property has an electric wa...
Taylor Burns
How to set up my public facing Syndication Company
Hello!I am going to be setting up a company for my syndication business. Is it best to just create this as an LLC, an s-corp or something else? I am not putting a deal together yet. I just need to create the initial c...
Chris May
Exterior wall very close to neighbor's garage
I'm looking into buying a duplex, but one of the units has a 10 foot stretch of wall that is very close to a garage on the neighboring property (less than a foot of clearance). I'm concerned about how to maintain the ...
Carlos Martinez
Seller postponed closing till Jan 1st for his tax purposes
Hello everyone. I posted a few weeks ago about a 4 plex I was planning to put an offer in. Refresh, 4plex in NM with very low rents ($375 for 2bd 1bth) and asking price of 174k. I am going to use my VA and I will oc...
Logan Turner
Design advice needed please
So I think the part that is the hardest for me is picking out all the finishing materials, the paint scheme etc.
Does this get easier? Do you all hire interior decorators?
On a side note, im in the middle of a BRRR...
Derrick Nygaard
New to REI and B.P. from Olympia, Washington.
Hello everyone, Im Derrick Nygaard, a blue collar guy on his path to financial enlightenment. Im new to the world of REI and investing in general. I work a factory job and raise a family on a modest income. As a ...
Matthew Shay
Opening up LLC for Real Estate Agent
I am interested to open up an LLC as a real estate agent in NY for tax purposes (thinking to elect the LLC as an S-corp for tax purposes.) Is anybody else doing this and is it worth it? Do you need to put your LLC nam...
John McKinnon
Estimating ehab costs and checking contractors
Closing on my first property tomorrow in Concord NH and I just received my first quote for finishing the rehab on the studio unit on the second floor. The 3 room unit (kitchen, bath, living room) is partially rehabed....
Bill Dengler
Cost Plus Pricing by GC? Anyone hear of this?
Im looking into working out of state renovation with a GC. I really like his work, ethics and how fast he gets back to me. I am looking into a foreclosure that needs alot of work and he said that he can do Cost Plus w...