Kelby Schimming
Bank Loan for a Down Payment?!
BP,I have a deal in the works and the seller is willing to finance. However, due to my inexperience, he is requesting a down payment around 300k. I will also need another 200k for closing costs. It is an off market $8...
Jonathan Greene
4 Tips for Landlords - Which of these are you using and which are you going to use?
A lot of landlords out there are missing the fact that the tenants are the caretakers of their investment. And to make them more invested as caretakers and not just feel like renters; these are five tips that can help...
Gaurav Vedi
How to create LLC/Scorp structure for Rental properties
Hello all,I have multiple rental properties but haven't created any LLC structure. Now that I have read multiple posts and received recommendations from others and read BiggerPockets threads, I am inclined to create E...
NaTarrio Jones
Umbrella Policy vs LLC
Hello BP. I have 3 units (Texas) in my personal name and I have a four unit (Louisiana) under contract also in my personal name. I do have an LLC but my intent is to max out my conventional loans before I begin to p...
Michael Hoover
Yes or NO?... Small Portfolio Buyout from tired Landlord- Rural area of MS.
Hello all,
A local landlord in my area has offered me an owner-financed portfolio and I am attempting to decide on moving forward with or running and would love your thoughts. I currently own 18 single-family ...
Account Closed
Sell or Rent - How to Decide? Any help very much appreciated! :)
Hi everyone, I'm new around here and I would love to get some good advice on this.I own a home in South Tabor (Portland) that I bought in 2010 for 240k, PITI is $1650. I haven't put any money into the property to spea...
Marilyn A.
Do you make your offer right away?
I was wondering how you go about making your offers. What I mean is, when you first go out to see a home, do you make an offer on the spot? Or do you go home and think about it and call them back with an offer?
Do y...
Marcus Auerbach
Why getting into real estate primarily for cash flow is wrong - and even dangerous
Hear me out.Over the last years, more and more of the BP discussions circle around cash flow. As LTR was getting harder 2018-2020 STR became the new thing everyone started chasing. Until that started getting difficult...
Robert Granara
4 unit deal, should i lift my offer?
this deal im working on is a single family and a 3 family on same lot...right now im at $285K and it needs $25K in work, bank will be getting back to me nxt wk...realtor already said im probably going to have to go to...
Account Closed
Ever Charge Less than Market Rent?
When I started with my first rental, the person who counseled me suggested asking less than market rent to find the best tenants possible, even seeking a few competing applications. Does anybody think this is a good i...