Mike Carr
triplex underwriting and JV questions
I need some help overlooking the #'s before I present this to a potential JV partner. I have been marketing to small multi-family properties in my market (Delaware) and have wholesaled two so far. Id rather be buying ...
Tony Wooldridge
Success Path: Tarek & Christine of HGTV Flip or Flop
Success Path: Tarek & Christine of HGTV Flip or Flop. Has anyone heard of or has any one gone to one of these seminars? They happen to be coming to some communities around my area for investing. Well, let me b...
Connor McColl
Financing new rental property
Hi everyone,I am looking to start a real estate co and have some questions! If you could help me out that would mean a lot. How many properties do you manage?As a business do you value property appreciation or monthl...
Joseph R.
Do tax foreclosures trump any other liens?
Hey guys - I've been checking out a number of foreclosures in my area and had a question regarding tax foreclosures....say the city is foreclosing on a property for backed taxes - say on this property there's also...
Jim M.
Self directed IRA/Solo 401k providers
Here is my situation: I currently have a decent chunk of money in a few accounts from a former employer's retirement program. They are 401a and 403b's. The current custodian is TIAA. I have not worked for this empl...
Brandon Schlichter
The best pet policy?
Wanting to brainstorm or at least get feedback on an appropriate pet policy.My rentals are mostly in rougher neighborhoods, but far from the inner city warzones that some landlords are used to, as all my properties ar...
Shamsul Chowdhury
Should I buy my first rental property under an LLC or Personal?
Hi Everyone,This will be my first rental property, investing 35k for a 1k/month rental income. Please help guide me on the following questions1. I will buy cash, and plan to refinance as early as possible. Should I b...
Roemeo Barnette
The 1% Rule for Multifamilies
What’s going on BP! I have a question for my fellow investors.Do you live by the 1% rule when investing in Multifamilies? I’m asking this question because we know the 1% rule is for a GREAT DEAL! But what makes a GOOD...
Jack Forester
What percentage of tenants are horror stories?
Okay, so my wife is reading about the horror stories of bad tenants and tells me that "We've been lucky". My thoughts are that a horror story is more entertaining than a story about boring perfect tenants that take ...
Alfred Litton
Discount in Rent for Paying 3 Months in Advance?
Just wondering if any of you all have encountered this. I have an SFH listed for $1100/mo, and I had a would-be renter (via our PM) inquire whether we would be willing to lower the rate to $1000/mo if he were to pay 3...