Alex Todd
Sell now off market or wait 10 months?
Hey BP - we have a SFH that has been a LT rental (only 2yrs) but with same tenants, who are asking if we’d be willing to sell off market, in the next 90 days. Their current lease extends to April 2025, which at that ...
Ronaldo Carvalho
What to look for when buying a multifamily?
I am interested in buying a 5 units multifamily property. What should I look for before I make an offer besides doing an inspection? How to verify that the tenants that are living there now have always paid on time? S...
Deborah R.
Is it OK to deny this rental application?
Hi, I'm newer at this. I have written minimum requirements for renting our houses that I share with prospective tenants which includes ">600 credit score. Pattern of financial responsibility".This couple sent me ...
Steve Dora
1st Purchase utilizing HELOC...what are my options?
I have a few questions and I will definitely be seeking professional guidance as well, but wanted to throw this out in the forums.Background: I have just opened a single member LLC. I have a personal HELOC on my pri...
Joshua Meyers
Need FHA Loan. Where to begin?
Hello BP I'm in the beginning stages of preparing to buy my first property. My wife and I want to purchase a MFH here in Colorado.
I just figured before I start shopping around for lenders I could check on here to s...
Alick Patrick
Want to start investing but can't get approved
Hi! I'm a newbie. I had two properties that went into foreclosure or short sale 6 years ago during the housing market crash. Up until last weekend I didn't think I can get another property again but due to an unexpect...
Bailey Kramer
NET REVENUE (NOT GROSS) from 1 of my properties
Yesterday I shared how much a property I Co-Host GROSSES ($100k-$115k/year) and people wanted the NET number. Since I'm the Co-Host for that one, I don't know the net and I'm paid off of the GROSS revenue (20%).So I ...
Michael Sockwell
How does a leveraged property return a higher return???
Interested in real estate investing looking to do by and holds and some flips and been doing lots of research and listening to lots of bigger pockets podcasts. One thing I can't understand is how much I hear about lev...
Mat Lewczenko
Sole Proprietor -> Llc. -> ?
We are currently operating as a sole proprietorship and are now ready to create an LLC.
What are some of my main concerns, what questions do I need to be asking our accountant, and should I be considering for the fu...
Tim G.
Evaluating - Goals / Plan of attack
First official thread on BP besides an intro, I can't wait to look back on this in a few years and laugh at myself. :D
I am researching what will fit best for my needs as an entry into this business. As a single...