Rami Sobhani
Buying cashflow properties
What would the reason be to buy a negative cash flowing property (lets say negative 400 a month) ? Does it make sense to do that as a first time investor and home buyer?
Maria G.
Rented to someone in the medical marihuana business?
I have an applicant who would move in with his 13-year-old son and whose other son (a UC Davis graduate) is going to move to a different region (two hours away). He mentioned that if things don't go well for his adult...
Matt Devincenzo
Do you deny applicants.....?
I just responded to a post with regards to "income source" as being excluded as a reason for a rental denial, but it is rooted in a fear of "perceived" illegal discrimination.I noticed that immediately the advice is t...
Dawn M.
1/2 percent realtor for you Grand Rapids flippers...
If you have a realtor that you work with regularly on your flips you probably have a decent discount already-this won’t be for you. For the rest of you-We’ve done a handful of flips in Grand Rapids Mi. Our last two ho...
Scott Savard
Land Purchase - Contingencies
Hi BP community. I am interested in making an offer on a lot of land. The land is currently zoned for Residential usage though the lot currently has tennis and basketball courts on the land that are set aside as Recre...
Svend W.
local, REI-friendly Chicago banks
I'm in the Chicagoland area and currently banking with a big national bank, but I'm thinking that from a REI perspective that it might be wise to use a smaller local bank that might appreciate my business more and be ...
Kyle Pierrehumbert
First Rental property- when to lower rent?
Hey! So I just closed on my first rental property and have it posted on Zillow, it is in a desirable area and I priced it competitively when directly comparing it to other listings. It has been listed on Zillow for 4 ...
Clifford Merritt
Newbie investor ready to invest in Louisville, KY
Hi BP family, thank you for taking a few minutes to read this post. I cant express enough my gratitude and appreciation of the openness and transparency and value these forums offer from folks like you who’ve been the...
Jeremy Chaudet
Owning property in personal name and having tenants pay LLC
Hello,I have one property in an LLC and the rest in my personal name. The property in the LLC happens to be managed by a property manager so they pay the LLC. The rent for the rest of my properties in my personal name...
Craig Curelop
Land Trusts
Hi,I recently went to a real estate meetup where a gentleman came in and gave a 90-minute presentation on why we should protect our properties with a land trust. Essentially he advised that each property should have i...