Kyle Davis
Church Rehab Yes or No?
Hey BP members! I'm looking at a deal and need to know if anybody has done something similar to it, and if so, if it was a bust or a financial windfall.I'm currently looking at purchasing a church building with a nic...
Andrew Richardson
Looking for best legal structure for real estate investing
Hello,I am trying to find out/verify the best legal structure for real estate investing. From my research and listening to BP podcasts it appears that a series LLC with a operating company and holding company/s seems...
Casanova Brooks
BRRR or turnkey when starting out.
Good morning BP! I wanted to see if I could get some insight from you all! I'm under contract for my second property. On my first property I bought for 18k and put 6k in for rehab, I got the internal evaluation back a...
Alex Smith
Should I use a General Contractor for my first Rental?
Hi Folks! I have a two unit duplex opportunity, and have painstakingly put together the numbers and contractor bids for everything that needs to be rehabbed. I have all of the subs that I would need do the project. ...
Cory Gardner
Chicago Action Investors 7/2/16
Today the group met at a 2 unit, with an unfinished basement. Each unit had 3 bedrooms and 1 bathroom. We found the property on the MLS but didn't find out it had tenants until we showed up!@Edward Richardson @Sean ...
Nigel Delaney
Is Well's Fargo Obligated to Give Preference to Owner Occupants f
Wells Fargo seems to pretend they give preference to owner-occupants, but this seems to be smoke and mirrors. In particular, there is an REO home for sale in my neighborhood that my wife and I would like to live in, ...
Kelly Kormos
Duplex Analysis- Help- How does this look and what else needed?
Email I received:"Deal fell through do to financing and we are looking for a quick close.3 beds 1.5 baths each side with a living room and den or potential 4th bedroom downstairs.Both have a single car garage and an a...
Rashad Ellis
Late rent notice, already evicting for occupancy?
I have a tenant who ive already served a notice to quit and I am waiting a hearing since October/November. She's month to month, lease expired before I purchased. Im evicting on the grounds of i want to occupy the uni...
Justin Smith
How To Find Partners and Investors To Fund Costa Rican Deal?
Hello everyone,
Recently a partner of this Costa Rican deal has to liquidate his share of the development and the buy in is around 1 million (the buyer will rec. 175k+ in additional equity automatically.) His loss is...
Yan Kang
Risk in private note leading for rehab
Dear experts, I would like to invest in a rehab for 10% APR for 6 months. The house purchase price is 85k, rehab cost I'd about 20k. The loan will be secured by a mortgage on the house in closing.My questions for pros...