Claudio Golia
Personal finances and moving forward
Good morning. As a potential REI, I have been going over my finances very carefully to determine if I'm in a good position to move forward. I have some cash reserves, put away for a rainy day in addition to lines of ...
Derek Curtis
First Call from Motivated Seller....Botched
A week ago I finally began marketing in my area. Today I saw the first fruits of that labor with 3 potential leads, the last of which was my first phone call from a sign that I had posted! The gentlemen asked if I bou...
Craig Newborn
Seller unable to locate lease agreements
I am in the midst of purchasing rental properties from a lady who's husband recently passed away. He was an investor and since his passing the wife wants nothing to do with these rentals. The units are currently being...
George Knetzger
Price point for rehabbing single family
hello. My confusion has to do with purchase price and after repair value eg price is 100,000 and arv 125000
would that spread put the property in an unsellable position? Should the purchase offer be discounted by t...
Eli Bellevue
Issues/Concerns With Wholesalers As Cash Buyers ?
Good Morning , Fellow BP'ers. As you know I am an wholesaler with a little bit of experience under his belt. I want to service my current cash buyers and future cash buyers better. I just want to pick your minds for a...
Daniel Rivadeneira
Create an LLC First or Buy Multifamily rental first?
Hello everyone Ive been in analyzation paralyzation for the past 2 years, I finally figured out what I want to start in which is multi family rental investing. Only thing is Im not sure where to take my first step. I ...
Angela W.
Series Limited Liability Company (LLC)
Here's an article I wrote: Series Limited Liability Company (LLC)
Angela Walter, Texas Attorney - If free to message me if you have any legal questions!What is a series LLC?
Historically, members had to file, manage...
Edward Kuk
Pre-screening criteria - are mine realistic? (Chicago, IL)
Hi,
It's been ~4 months since my wife and I started our real estate journey. After scouring the MLS every day, checking out properties every weekend and 2 accepted offers that fell apart during inspection, we finally...
Andre Davis
My Son's baby sitter has a multi million dollar property for sale!!!
I know they were trying to sell this property over 10 years ago (my son is 13 now). I think a MLO is the way to go but I'm not sure. The area is a A-B neighborhood, based on a 10 cap the price seems reasonable (comes ...
Daniel Pena
Very high light bill!
Hello BP,I just got word from my tenant that her gas/light bill was $500 this month! I know it has been cold this past month but I think that is way too high. I did go by to look at a few things last month and notice...