Dennis Gallof
LLC for condo unit using as a vacation & investment property?
I purchased a condo in Miami that allows me to do "short term rentals" since it's in a building that's half hotel, half condo; which works out great because I could rent it out for extra income whenever my family isn'...
Kerry O'Kelly
Rent or sell in Colorado
Hi everyone! I have been reading and learning about rentals for a while now, but never acted on anything. However, my husband will probably take a job in Houston, TX soon so I am trying to figure out if it is worth re...
Miko Yeo
Deal Analysis Funnel
Good Day BP Fam! When an Agent sends you a lead and based on the photos there seems to be a tad bit or zero property distress evident in the photos. Would you still look into the deal or end the analysis ther...
Dustin Bang
Newbie Real Estate Investor
Hello everyone! I have been wanting to get into the real estate business for years and I am finally making that leap! I bought my first house on a FHA loan back in October 2020 and I currently have about 50-60k in equ...
Gary Dezoysa
Is this list a decent criteria for a starter MHP?
I'm drafting some purchase criteria to send to a few MHP specialist brokers for a good first deal. Here is what I have:
Targeting 1 to 6 units with lot rents averaging less than $400 per spaceVacancy rate between 65%...
Renee Adkins
What are the pros and cons to leasing to a Section 8 tenant?
I have several rentals, but just listed one that I am managing myself and I am overwhelmed by the number of people who are calling about Section 8 housing. My pre-conception is that Section 8 is not profitable, but I ...
Jason Hatfield
Upfront Fees for a Hard Money Lender
Hello all!I wanted to ask if the following fees seem in line for a Hard Money Loan: $700 at time of application submission for SOW Review, Renovation Cost Validation and an Appraisal.$175 Draw Schedule Review$235 Doc...
Kurt Williams
ONTARIO: NEW EVICTION RULES (..SIGH)
Just looking to get a conversation going on the amendments to S.48 of the Ontario Residential Tenancies Act.Landlords are now required to pay one month worth of rent when evicting for the purpose of taking over the un...
Scott Wagoner
Hello from Central Florida!
Hello Everyone!I'm Scott Wagoner from Orlando Florida. I got started in the industry by going to work for a local seasoned investor who put me on the phones calling FSBO's. That went well until I realized that he had ...
Laura Winka
Newbie from Augusta, MI
Hello BP community. Joined a while back but just managed to get my profile on line. I am a single mom, working full time at a fairly demanding corporate job and looking to get started and diversify my investments. Sti...