Nathan Justus
LLC and banking and EIN and UBI questions
I'm hoping to get clear guidance here on what I need and don't need to do. I'm working backwards here as I already bought two properties under the LLC name. Very much shoot, ready, aim. I haven't got any guidance on t...
Vlad Vdov
**Minimum Down** Deal Analysis
Here is the Deal!Owner going into foreclosure pay off amount is $43,146.75 on the property (including escrow taxes, back payments, insurance, fees, etc.). This is the pay off amount according to the lender. Her goal i...
Nancy Frazier
15 unit student- housing apartment building
Hi BP family, I'm a residential lender in Atlanta, GA and looking to grow my personal portfolio and expand my creative financing knowledge. Presently, I own my primary and a rental I use for AirBnB in the mountains. ...
Daria B.
Old bathroom fixtures
Short of cutting the drywall to remove the fixtures, can anything be done to change the color while still attached to the wall? I want to do white from the tan current color.These are the toilet paper holder, towel ra...
Eric Chase
Why is net worth important for buy and hold investors? Or is it?
I keep hearing that net worth is very important. My particular strategy is to acquire buy and hold cash-flowing properties with at least some appreciation potential. As such, I'm not clear why the specific number of m...
Ralph Corgain
Buying land
How can I calculate exactly what I should purchase a piece of land for?
Adam Kersten
Structuring a Partnership for Flips
I'm wondering how to go about structuring a partnership. I don't need a partner to invest, but I have someone who would like to invest with me and he can do a lot of the small rehab things himself. I am more the fina...
Trey Mattox
Pet Deposit/Pet Rent
I am in the process of renting out a unit and will allow pets. I have been back and forth about how much of a non-refundable pet fee to charge. I have also been trying to decide whether and how much to charge for pe...
Michael Vaughan
Rookie Mistake. PLEASE HELP
Hi,
Not sure where I should post this question. I have a property in La Marque, TX that I purchased for $65K with a $55K rehab draw. I met a general contractor working on a home close to my house. I asked him to chec...
Evan Hauler
Pay or Vacate Notice
Hello Everyone! My first tenant has her first full month starting in February, she has let me know that she won't pay until the 2nd, the lease has it is due the 1st with a grace period until the 5th. I said that that...