Patrick F.
Type of banking accounts & credit cards for managing first property and beyond
Hi All,I am looking to buy my first property as a short term rental townhome in South Bend. I am an out of state investor from Northern VA so I plan on using a property management company that pays me monthly after de...
Mike Weiner
Criteria for Family Office Funding
Hello All;I work with the intake officer of a Family Office management company, who has given me specific guidance on how they work. These criteria are for information any Principal might need to know if this is a tar...
Jeremy Bridges
Fire damage...
Good evening, I'm new to real estate investing so hopefully you guys can help me out. I've come across a home that has some extensive fire damage. I'm wondering about strategies to aquire the property and any advice ...
Nicholas Mann
Commercial Rent Application
Just wondering if any owners of mixed use properties or commercial real estate have a sample Application. Some applications for residential tenants don’t seem to apply to commercial. Any thoughts or comments would be ...
Justin Salgot
Single Family Homeowner Purchasing 1st Multi-Family
I'm looking for some advice or ideas on some creative financing or experience with similar situations:
Property is currently listed as a 2 unit, but I have learned it has 3 units including the finished basement (zone...
Christina Wrightsman
First Rental Property
Hello, I am in the process of closing on my first rental property. I've read/been given differing opinions on whether I should transfer title into an LLC right away, thereby making the lease between the tenant and the...
Jarrod Deshields
First Time Home Buyers Programs
Hi BP community!
I've seen a few older post about the subject but I figured I'd kind of reintroduce(?) the many home buying assistance programs offered in your state. Every state follows the same basic criteria. But ...
Justin Reagan
Expected Expenses as First Year Agent
Hi everyone,As the title says, I am curious how much in savings I should have to pursue becoming an agent. I have a W-2 making around 55k per year, but work the hours of 3-11. Ideally, I would start my real estate car...
Rob Gribben
Average rental expenses per year per property
I have two rental properties in Baltimore, both are rowhomes, one in the city, and one in the county. I was looking at rental expenses (excluding taxes and insurance) for the past 4 years (2011-2014) on both houses t...
Mike Wallace
How does this deal look? SFH
seller wants $25k. 2 bed 1 bath. Currently has a tenant at $650.
Insurance: $1200
Taxes: $1700
Maintenance : $1200
Brings me to a cap of about 15%