Rebecca Malicoat
LOC against portfolio
I am looking to get a LOC against my portfolio of 12 rental properties that are owned free and clear. I am struggling to find any lenders that will do a line not a term loan. Anyone out there have any contacts they ...
Tyrone L. Robinson
General contractor vs Project manager
As a kid I was obsessed with shows like This Old House (before HGTV) and I love all the flipping shows on tv right now.I'm wondering what are the differences between a General Contractor and a Project Manager on a hou...
Joe Ebanks
Estimating ARV
I found a house that is in terrible shape. I think I can get it for very cheap. The property alone is probably worth what I will pay for the house. It needs just about everything to be done that a house could possibly...
Salman V.
Sheriff Refused To Do Eviction - Social Services Called
I have a property in Cook County, IL. The Sheriff came out to do the eviction. Because the tenant is disabled and bed ridden they refused to do the eviction and called social services. Now they are working on relocati...
Matthew Edmond
New Member checking in from the Carolinas.
New member from the Research Triangle Park region of North Carolina checking in! I'm a mechanical engineer working in RTP and came across BP quite recently. My real estate goals are quite modest, which is to soak u...
Greg W.
Quad Cities Property Manager recommendations?
Does anyone have any recommendations for property managers in the Quad Cities?
John Boutros
Seller Finance Note Words of Wisdom
Hi BP'ers,My partner and I are potentially buying a property that is being fully seller financed. 3% interest rate, 8% down, 900K purchase price, 5 year balloon. Numbers, cash flow, and upside work out well. What are...
Sierra Crisp
Las Vegas Handyman runs with $9THOUSAND DOLLARS, threatens more..
This one is a doozy. My boyfriend owns a property in Vegas that when the tenant moved out we decided to renovate. Due to living in California, we didn't want to do this ourselves, so we used a handyman that was recomm...
Zach Knoll
Multifamily Is A Team Sport
🌟 The Power of Team in Multifamily Investing 🌟🤝 Diverse Expertise: Each member brings unique skills and knowledge to the table, covering everything from property management to finance and marketing. This diversity ens...
Jens Nielsen
Rehab of 2 out of 4 units -add to basis or deduct as repairs
I purchased a 4-plex in 2016. Two of the 4 units were empty, so we did some repairs on those units (new carpet, tile and paint), plus we installed a new roof, repaired an exterior wall and fixed potholes in the parkin...