Kevin Madaras
Changing my personal house into rental.
Let me start off with I am a self employed electrical Residential contractor. Been in business for about 10 years. We Have a LLC. I purchased some lake front property about a year and a half ago. Originally it was jus...
Ryan Keenan
Personal line of credit and reserves
Hello BP, was just wondering if a unsecured line of credit would count as reserves in the banks eyes when applying for alone.? I know banks want atleast 6 months to cover expenses. Just checking
Thanks!
Leland S.
Obtaining Title Transfer from incapacitated person
Anyone know how to transfer title when there's dual ownership and one person wants to sell the property? The other person is apparently in a bad mental state in the penitentiary. How do you transfer title when the per...
Brian Leigh
Personal Loan or HML for BRRRRR
Hi BP! I am looking at a few BRRRRR properties that would cost $65-75k to acquire and rehab. If I only have $40k cash available, would you recommend a personal loan or line of credit from a local credit union? Or secu...
Melissa N.
LLC on title, with personal mortgage
Hello, We are buying our first rental property, a small townhome, and I am confused about how to best protect ourselves from tenant suits. My understanding is it’s best to set up an LLC but we would not qualify for a ...
Gary Barella
Opening trading account. Business? Or personal?
I have my LLC for flipping homes but I’m going to start trading stocks… Should I keep that in my personal name or should I have a LLC for that and then create a holding company that holds my real estate LLC and tradin...
Alex Garfio
Owners personal info given to Tenants
Hello,Does anyone know if it is legal for a property management company to provide the tenants with the home owner's personal contact info (cell phone and email) without the home owner's consent? My contact info was i...
Roscoe Parsley
Competitive financing without being personally backed
Good evening,I'm 23 year old, a recent college graduate, with a wealthy network of people around me and about 100k in cash to invest. I am particularly interested in acquiring self storage facilities in the state of ...
Tomer Ravid
Non US person investing in Crowdfunding
I have been looking around a few crowdfunding sites. Saw some very interesting opportunities. However I have a hard time finding sites that are able to work with non US residents. Do any of you have some leads about i...
Hal Thompson
Personal Property left in Foreclosed Condo
This is in Washington State. Some personal property was left in a foreclosure condo I just purchased. Items include a desk, a treadmill, and some other random crap. None of it is worth very much money, but I want to m...