Andrew Herrig
LLC for Property Management?
I know the issue of LLC's has been beaten to death around here, but I am having trouble finding the answers to some of my concerns. I am about to purchase my first rental property in my own name which I plan to manage...
Jon Klaus
New Austin Duplex
We are approaching the half way mark on this project. It's a 4000 SF duplex, one mile east of the state capital. We plan to sell the units to 2 different owner occupants. Planning to finish by the end of Mar...
Account Closed
Withdrawing Application
This is a new one to me. I've had 3 different groups put in applications, pay the application fee, and then call me within hours and withdraw their application because they've decided the can't afford to move.
Seriou...
Ivan Burley
Advice greatly appreciated
Recently I leased my first rental unit. The tenant moved in in the middle of the month of February. Right out of the gate she was unable to pay rent for March until half way through the month. I was understandi...
Wesley W.
Buyers of rent-ready small multis: advice needed
Hello all,I'm looking to get some feedback from people who have made a practice of buying occupied rent-ready small multi-family properties.This is my niche of choice, and despite what I consider to be my best efforts...
Account Closed
Buying property from motivated sellers..sellers nervous about affecting income taxes, medicaid, etc???
Hey guys and gals, anyone know the laws/rules on medicaid qualifications? I have a property that a few sisters inherited, that we're close to agreeing on a price. They're nervous about receiving money that will nega...
Jeff Something
Any advice on building websites?
Just doing a quick search through the internet for places to build a website, I've come up with a few dozen sites with a wide range of prices and services. I would like to start building a site to capture info from po...
David Stone
Utility charges stay with the property
Hi BP! We just acquired a house we are fixing up and may use as a rental.I found out that the city water/sewer bill AND electricity both stay with the propery. I am used to water/sewer being attached only. Has anyone...
Ivan Jouikov
Jason Loucks 7 day Sale
So this guy advertises his "7 day sale" system; you can listen to 1.5 hour audio here:
http://7daysaleguy.com/replay.html
The idea is simple:
1) Get a quality property under contract. Explain your intentions to the...
Jason Smith
Confused on BRRRR if I use Hard Money
Sorry if this question has been asked before, but I’m s little confused. Hopefully you all can help. If I use Hard money to purchase and rehab the property, considering the HML gave me 70% ARV, how will I get any cash...