Shawn Westbrook
Beginner Investor from East Texas
20 November 2019 | 7 replies
My new W2 job requires an hour long commute and I was fortunate enough to choose the BP podcast to pass the time ( I listen at 2x speed and have consumed 130 episodes since Oct. 1st...
Lisa Green
Tenant background & credit screening
11 June 2020 | 21 replies
The criminal history gets right down to speeding tickets, which is a little annoying actually.
Jackie Wong
how much security deposit should I collect
15 October 2021 | 9 replies
I also like to try for the following day to speed things up if scheduling allows.
Stacey Bochenski
Our First Property is Now Official
30 September 2021 | 9 replies
Those look like great numbers and your speed was incredible.
Osazee Edebiri
California Vs Out of State (really, but why?)
21 November 2022 | 210 replies
This is precisely why a state like Idaho is one of the fastest growing.
Juan S.
Refinancing BRRRR Deals.
4 December 2018 | 36 replies
@Juan S.I have done plenty of these and learned to putbtjem under my name to get 1) better financing 2) lower cost insurance3) speed and ease of transaction4) better on fInabcIsl statements (because you cam put value based on today‘s appreciated amount)etc The only reason someone tries to use an llc and not put the deals under his/her name is they are trying to reduce liability The best way to do that is to do the asset protection that is called “kiss my assets good bye” all in one word or kmagb dot com and watch the animation video they haveFor $5k only I stripped the equity on all my properties legally I have only one llc even though I have 10 homes in Dayton Ohio producing income under my wife’s name - another 10 under my own nameI deal with only one llc in Wyoming and I have liens recorded against all our properties that are in our names to capitalize it There is nothing for any litigant to go after Best set up for flips and hold in your name to get government loans at a substantial reduction in fees and terms Btw if I get sued the litigants collects nothing and ends up with a tax bill for phantom income Of course we got the all risk insurance as well Many attorneys suggested we set up LLCs and transfer ownership etc at the cost of $20k etc I do syndication for multifamily apartment buildings now and these I place under an LLC but I also strip the equity same way as above to protect my investors - this is a huge way to attract high net worth people to my deals You can send me a message privately if you need clarification on who can set you up
Mark Rabkin
Section 8 tenants in NJ
13 November 2022 | 11 replies
Let me breakdown my experience with each.Federal - The fastest moving of the three.
Xing Wei
Looking for STR real estate agent in Pensacola/Navarre/Destin
30 January 2023 | 22 replies
Personally, when I look for property outside of the markets I serve as an agent I will only look with agents that have experience as investors and can help me get up to speed in that particular market.
Brendon Bourne
Closing Day Best Practices - Inheriting Tenants
11 May 2023 | 7 replies
If you have not already, you need to quickly get up to speed on local LL/Tenant laws, especially handling of SD and process for rent increases/evictions/non-renewals.