Jared McCool
The Offer - Understanding the Numbers
Hey all, Looking for some help. This is my first property, and i am having a hard time understanding the numbers. Reo for 218kI want to offer 170k, this is a 203k with estimated 50k in repairs. i am asking seller (ba...
Robert Hastings
rental properties messing with my DTI
i purchased my primary home with my wife about 5 years ago. since i purchased my primary, i have also purchased close to 5 pieces of rental properties. three are in my name personally and my llc owns 2 of them. my ...
Gentry B.
Older or newer properties
Is it better to buy older properties that are cheaper, with a higher return, and higher maintenance, or more expensive properties with lower returns and less maintenance?
John Haveman
Bank account for LLC with foreign member
Hi everyoneI need a reference for a business bank account for my LLC.As a non-U.S. citizen (South African/Netherlands), I am the sole member of a GA LLC, which owns a property in Atlanta.I am looking to open a bank ac...
Michael Willis
Office Building Management Costs
Hi all, I am looking into buying a 16,500 sq ft occupied office building. This would be my first office building holding. The listing doesn't provide a management fee. What is the typical/expected management fee for ...
Ida Powers
Window installation advice needed on live in flip
I am doing my first live-in flip and all the windows in the house need replaced. I've received 5 quotes now but there all from the bigger name brands and the price is high. I need advice. What do people here on BP do?...
Michael Campione
Security Deposit
Hi All,
I recently had a tenant move and did not clean or vacuum very well. Had to get carpet service and cleaning done. They left some grease and urine stains that was able to remove but cost me money. Also they lef...
Jason Munck
Washington State Contractors License
Happy New Year!
Many of you know that in Washington State there is a law is that says if you want resell a property within a year at least one of the property owners has to be a licensed and bonded contractor...
Diana T.
Homepath Mortgage -5% Down
I have been watching the homepath properties for a while as the downpayment requirements are a little less that traditional. A few months ago, I know a SFH was 10% or a multi was 20% for an investor. It looks lik...
Christopher Kuznetsov
House Hack, no income
I want to house hack a duplex or triplex. Only problem is I dont have any proof of income and cant get any financing. What should I do?!? Hard money lender?