Kole Kingslien
Looking for some advice
Hello there,
I am a beginner at this, and thought someone might be able to help me with a few things. To give you a perspective on where I'm at: I'm 22, my wife is 20, we live, and work, right outside of Madison Wis...
Kyle Smith
Private money for fix and flip
Hi, I am looking for private money for fix and flip and I’ve been getting emails from “private lenders” from being active in Facebook groups. How can I tell if these are legit private lenders? I have one saying I can ...
Billy Zhao
What Are The Things I Need to Know Before Signing an PM?
I am about to sign a full-service PM to handle my short-term vacation rental house. I interviewed several PMs from mom & pop types (managing just a few properties but charging less) to big behemoth national PM com...
John Retka
1031 into LLC for a syndication
I have a relative who is looking to 1031 out of their first rental. I have been thinking of creating a new LLC that would they could “contribute” to as part of their 1031 and combine that with my investment $$ and in...
Bryan Escudero
First deal done as a long distance real estate investor!
Hello BP!
We were able to close on our first deal this week! These are my notes from the deal for anyone who is interested:
Searching through the MLS, I came across a property in Milan, TN. I ran the analysis on the...
Shmuel Gertel
More guests showing up Than Listed on AirBNB Booking
Hi all,
I was curious if people could advise on the following:
I am finding that when guests list the number of people that will be staying at my STR, that they very frequently undercount the number of people that a...
Joshua Pavao
Seller refuses to provide estoppel letters
Hello BP,I have my first property under contract, it's a triplex that I will be securing through FHA financing. I am currently in the inspection period, and just had a showing and home inspector at the property yester...
Jake Jaenicke
Local Material Supplier Request!
Hello BP Community!My girlfriend and I are in escrow on our first property! It is a SFR with a 700 SF guest house and a detached two-car garage. The guest house needs new flooring, entire kitchen, and a fresh coat of ...
Jason Ngo
HELOC or Traditional Loan for first property?
I am looking to buy another property for $350k and rent out my current house for $2400/mo. The bank has approved me for a HELOC of $100k with 4.5% variable interest and the origInal plan was to use the heloc to put th...
Anton Orlik
Worcester Section 8 tenant (raising rent & evicting)
Hi All,I'm looking at a multi in Worcester currently occupied with section 8 tenants. From what I've gathered speaking to the housing authority my options in raising rent or removing tenants, even if month to month, a...