Eric McCarty
Getting a loan for BRRRR Method
Hello All
I have a pretty good grasp on the BRRRR method and how it works (I think). The only thing I don't fully understand is the financing to purchase and rehab the property. I've called several banks and in gen...
Eli M.
Appraisal is too low
Dear BP family,My appraisal came in lower than I expected.What is the best course of action now?For the future, can I ask the appraiser to send me the draft before he submits it to the bank?In case the new appraisal i...
Rob C.
Is 70-80% ARV (minus repairs) unrealistic in a HOT market?
I have a property under contract in a hot area of Atlanta. I was comfortable with the $125k asking price given the impression that it was move-in ready (my plan being rent it out and ride the wave of potential appreci...
Evan Spicer
Help with House flipping model, please :)
Hello, I'm Evan and I'm starting a house flipping/real estate business along with two other guys. We each bring a specific skill set to the table. I am a 27 year old general contractor, I can do anything in a hou...
Michael Rossi
What do you Carry?
Let's face it, we live in a violent society. The average middle-class American doesn't see it, but those of us that invest in lower income neighborhoods see it every day. For an average, honest, middle-class or uppe...
Brian Louderback
Bank said NO to putting house in LLC name
My wife and I formed an LLC to use for our new rental business. We just purchased our first rental a couple months ago and are just about done with all the renovations. So I called up the bank to see about doing a qui...
Tony Nguyen
Buying my first Apartment Complex
Hey guys,
I'm a currently a rehabber that wants to buy and hold (and reposition) my first apartment complex. I've read about it ever since I was just in my teens and fell in love with the idea of economies of scale. ...
Leonard L.
Legal Update - California Outlaws Tenant Eviction Tracking
Landlords in California beware. The current CA law is that unlawful detainer actions are publicly searchable unless they are resolved within 60 days of the first filing. If the tenant fights, this easily takes it pa...
Keith N.
What are your best "hacks" as a landlord?
I've owned rental property for over a decade, and have learned some tips and tricks from experience, forums, books, and friends. I no longer manage my own properties. I've hired a property management company, and ju...
Rex Pena
Williston, North Dakota
I need your thoughts on this one........
Its come to my notice that curently there is a black gold rush in Williston, North Dakota and that the Bakken Formation Project is all over the US news...
Companies are rushin...