Gary Maynard
Aspiring investor in Denver, CO
My name is Gary, I'm 20 years old, and I live in Denver CO. I've been in construction for about 4 years now on and off and for the past couple years I've gained an interest in the real estate business. Just recently I...
Cameron Schmahl
Include water bill in rent?
Hello everybody!I’m in the process of buying my first duplex (which will be my first rental ever) and have a quick questions about utilities.I will be living in the upper unit while I am inheriting and trying to keep ...
Keith Ravenel
Brand New Florida Panhandle Investor
Hey BP! I'm a new investor out of Navarre, FL. Last month, I retired from 24 years of active duty service in the Air Force and now I'm looking to start purchasing some rental properties between Destin and Pensacola....
Bob Ross
When will a bank let you leverage past what your salary covers?
I’ve heard of hair dressers with hundreds of units in their portfolio. Obviously their business income will not cover The cost of all these mortgages.When will banks start approving you for more than what your job sal...
Clayton Hepler
FHA 203K Loan. Help! Pros needed.
I purchased a triplex AS IS with a FHA 203K loan in July with the intention of house hacking it, then disaster hit.My numbers are the following:202,000 Purchase price.107,000 Construction budget (left).340,000 ARVLast...
Joe Kamenar
Profit/Loss Allocation for Multi-Member LLC that Holds Property
Suppose you have an LLC that has as it purpose to own a vacation property, where one member is the main investor and one member is the main user and partial investor? The "user" member will both rent out the property ...
Kendall Seals
Finding investors through subscription
I'm getting ready to do a few deals and wondered what peoples thoughts were on private hard money funding. I'm in the process of developing what I like to call "Call to Investors." The plan would be to send out an ana...
Brian Claar
Portland Multifamily Fix and Flip
Investment Info:
Large multi-family (5+ units) fix & flip investment.
Purchase price: $750,000
Cash invested: $400,000
Sale price: $1,705,000
Purchased 8 unit townhouse style apartment comple...
Robin White
Cost to Reroute powerline in Los Angeles?
I am in the process of building a house in Los Angeles, hillside. There is a very high likelihood we need to reroute a powerline that hangs between the two parcels of land I own and planning to build a house on. Has a...
Mark Updegraff
Management Company, your input requested on accounting practices
Hi All, I recently formed my Management company to separate the liability from the properties themselves. I just want to throw this by you to make sure I'm doing it right. After all, I don't want to end up having t...