Javonn Musgrove
The Realtor/New Investor Relationship
Hi BP,I’m a new investor who started my journey January of this year. My dad/mentor/private lender has walked me thru my first rental property purchase. Each time I asked the right question he offered further guidanc...
Luke Carl
Separate Bank Accounts?
Right now I have 2 vacation rentals and one long term rental. Each has a separate bank account. After some research I've decided to consolidate. Should I put all 3 houses in one checking account (mortgages maintenance...
Igor Komerzan
Do i need a contractor for my fix and flip (Massachusetts)
Quick question:Does anyone know what the laws in MA are regarding doing your own work on fix and flips, and when its mandated to have a licensed contractor? My father has been on the carpentry trade for almost 20 year...
Account Closed
Rental Applicant Refuses to Provide Credit Bureau with his SS#
seriously now.. i thought i was being mutually discreet by NOT requiring the SS# directly on the application, nor even charging an application fee, for my own properties (as opposed to properties i PM for).but one of ...
Lamontis Gardner
Single Member LLC vs Multi Member
Me and my wife have set up an LLC, and while applying for the EIN I was prompted to switch to a multi member LLC. Being that it's just me and my wife, should this be an option for us or should we run it as a single me...
Brandon Combs
1st rental purchase- seeking mentorship
Looking for a little guidance on my 1st purchase in Orlando fl. Looking for a STR but have some hurdles to get over first. Best way to get rid of some personal debt and use my current home equity for new purchase. ...
Ariel Goldenberg
Hold cash or buy a rental
So here's the dilemma:We are selling our rental property and expect to profit about 250k.Should we roll the profit to another rental and buying in a market that is maxed out but - deferring tax payment-Or - absorbing ...
Travis Nebeker
Hard Money for Auction Purchases
I am looking to purchase rental properties at foreclosure auctions. I have no problem obtaining conventional financing, but cannot close fast enough to utilize that as a funding source. I have done a conventional live...
Account Closed
Potential tenant with late payment history
Would you rent to a prospective tenant who has a history of late payments? From the landlord reference, I discovered that he made 3 late payments in the past year. Each late payment was collected within 1-3 days (af...
N/A N/A
Finding tenants who disappear
I need to know the best way to track tenants who take off and leave no address or contact information. I think this is called skiptracing, but I'm not sure how it all works. Please let me know what I need to do to t...