Abdul Azeez
Umbrella Policy Input needed
Folks - I have a primary home and two vehicles. In addition I own a rental property in Memphis, TN. I am now in need of an umbrella policy. I live in NJ. I am getting the feedback that both home and auto needs to be w...
Dwayne Buckner
Flip That House--Ummmm?
Did anyone happen to catch Flip That House tonight? It featured a Houston home being flipped by a guy named Chris Mastrangelo. He did a very high end flip including a swimming pool complete with fiberoptic lighting...
Jason Malabute
the hardest part of BRRRR
Last November, I did my first rehab deal (BRRRR). I got it for $40k I put $30k in rehab and we thought it would appraised for $80k based on surrounding properties. The appraisal came back at $56k. I tried to challenge...
Doris Logan
Find an agent vs. Become an agent
Hello BP,
I've been researching what it takes to get a Realtor's license but would any of you advise getting a license versus finding an agent? Is it best in the long term to obtain a license? What are the pr...
Lloyd Stein
How do you estimate utilities?
So I've built this excel document that does rough calculations of 2% test, Cap Rate and CoCROI and while I'm pulling most of the numbers from sources I can find (realizing they are not exact, but in the ballpark), the...
Caleb Webster
Converting downtown office space for short-term rental
Does anyone here have any experience converting commercial zoned office buildings to short term rentals in Spokane? I've begun looking into the process with the city and it sounds like it will require a change of use ...
Matthew Harper
Purchase Money Mortgage for Construction Loan
Hi all,I have been speaking with the inheritor of a home in a high end neighborhood in Birmingham, Alabama (more specifically, Mountain Brook). The home is in a prime location, but is beyond the scope of repair for w...
Jonathan Orr
How to do a construction draw
Hello all. I am in need of some help. I have a few properties that I am rehabbing and one property that I would like to build on.I have been talking with banks about construction loans with fund controls. However I...
Kathryn S.
Tenant wants to install a washer/dryer themselves
Hi my new tenant asked if she could install her washer and dryer with her own $. As much as I want a happy paying tenant (she is so far a good tenant), my concern is the installation part. What if her contractor accid...
Joshua McGinnis
Looking for California Broker to Hang License
I'm looking for a low-cost broker to hang my real estate license in California. I was previously with Keller Williams in Beverly Hills, but they require all members to be part of the Beverly Hills Realtors Associat...