Wohoo! I bought my first property! Now I am working on getting a cash-out refinancing to secure a fixed 30 year mortgage. I know most banks only offer 75% LTV. I am wondering if anyone can offer me ideas of how I can ...
Hello all,In trying to streamline processes, I'm yet again looking for some feedback. We just recently purchased a small multi-family with some serious deferred maintenance (one step up from "distressed"). As part o...
Press Release
SEC Charges Cash Flow King Podcast Host with Perpetrating $11 Million Ponzi Scheme
FOR IMMEDIATE RELEASE2023-196
Washington D.C., Sept. 25, 2023 —
The Securities and Exchange Commission today charg...
So I was watching YouTube and a "guru" mentioned you can take a loan out on your indexes/stocks as it is a secured loan at a fraction of what you would get on a regular loan (1.5% instead of the 3-4% on a regular conv...
Hello BP! I finally closed on my first rental property in Michigan and have what I think is a fairly basic question.
Does a separate bank account need to be setup for each security deposit? Or, can this be deposited...
We originally had 3 people sign a year lease. We've only taken payment from tenant A the entire year, including the original security deposit. Tenant A is now leaving but Tenants B and C want to renew with a Tenant D ...
Hey BP fam, i currently have a self loan through my own personal bank to help establish some credit now should i wait till its paid off to get a secured credit or should i get one already and also should i get another...
Hello Everyone!I'm about a 13 days from closing on the 7 unit in San Diego and I'm starting to look for an insurance company for the building. I wanted to know if any of you have suggestions on what to look for and t...
My tenant moved out but left a lot of damage to the property. After they moved out, they texted me saying that they filed for Chapter 13 bankruptcy and that I should contact their lawyer. They gave me the lawyer's pho...
What are the requirements for holding tenant security deposits in NC? Do I have to open a separate account for holding security deposits?Do you recommend small community banks for managing monies from rental propertie...