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17 January 2025 | 24 replies
These specialized companies, easily found online or here, will create your company’s SD 401(k) plan.
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31 January 2025 | 9 replies
We are looking to move from that, to a rental property, or a self storage property.Hey @Steve Wortman, welcome to the BP Forum!
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13 February 2025 | 7 replies
If there is a mortgage on your primary residence and you are trying to deed your primary residence property to an LLC, you will need to check with your mortgage company if they allow it.
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22 February 2025 | 9 replies
Transfer Fees or Property Tax Reassessment Some states impose a transfer tax or reset the property tax basis when property ownership is moved into an LLC.
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8 February 2025 | 34 replies
Like law office, day spa, or some other small company space?
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19 January 2025 | 42 replies
Maintain good business practices an carry a decent insurance company.
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21 February 2025 | 12 replies
Are you willing to move and rent out the house you are in now?
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10 February 2025 | 16 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
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3 February 2025 | 15 replies
Insurance companies are always looking for MTR that are furnished like ours never stays vacant more than a week.
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13 February 2025 | 13 replies
@Joseph Alfie Investing in Greater Grand Crossing can be a solid move.