Alexandra L.
Renovated 1950's Bungalow
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $140,000
Cash invested: $60,000
Sale price: $226,000
1950's bungalow with an attention-to-detail contemporary r...
Lisa Wright
Buying with a home equity loan
Hiya,I'm waiting for approval for an equity loan to purchase a house. It's pretty beat up so I need the gap before moving in. My plan is to sell this in Spring when the market kicks back in. Am I going to get tagged...
Sammie Baker
Put Investment Home Under Our LLC?
My wife and I are closing on our first investment property in 2 weeks. We used a bank statement loan given that we are both self employed. We plan to use this property as a STR but it's currently under our personal na...
Bob Lett
Time and material, pros/cons
Working on a whole house remodel that we are going to use as a second home and STR/AirBnB. With our contract purchase price + contractor quotes we have little to no wiggle room for intangibles based upon ARV. This is ...
Michael Mackney
Preapproval with a per diem income?
Hey BP community. I am a dentist (first year in the real world) and am on a production-based salary. I went to get preapproved by a lender for my first investment property and she stated that I need at least one year ...
Daniel T Stockman
College Town Rental Investing - During COVID?
First-time investor here... My wife and I are looking at investment properties in a couple of college towns, in Texas. This will be our first investment property and we believe we have found a couple of homes/townhom...
Jared Mackert
Deciding on Strategy
Hey everyone, I'm new here but have been actively listening to the podcasts for the past couple years and I'm finally deciding to take the plunge into investing. I'm trying to decide on an investment strategy to begin...
Michael Monello
First Triplex Property W/ Tenant already in place
Hello everyone, I finally made the move on a Triplex in Florida. I was curious to know what the first step to do when there is already a tenant in place. (House has not been closed on, but offer accepted).This tenant ...
Tripp Warren
Property Manager Search
Hi All,
My brother in law had to move from Kenner Louisiana to Phoenix. He still owns his home in Kenner and is considering renting it out. He needs to find a good property manager in Kenner/ New Orleans to manage t...
Danny Mak
Sued for Negligence
I saw discussions about tenants suing for negligence and the potential of an investor to lose everything.This may be the purpose for someone setting up an LLC, but for someone just getting started, it may not be reaso...