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I listed to many BP podcast and over and over again, I hear them saying that they buy property under a different and NEW LLC and they have another service LLC to rent the unit to "protect" themselves.All the local inv...
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I recently came across the above-referenced article about Home Partners of America facilitating potential home ownership for individuals with less than stellar credit.As of October of 2015, I was one of those individ...
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Hello All,I just got back my K1 from the accountant on a property that I purchased in 3/2013, rented out and then sold in 6/2014. The K1 has all of the profit listed on line 1 as ordinary business income and does not...
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Hello BP community,I am a RE investor as well as a newer RE Agent. I’ve already helped several people purchase homes and I’m now looking to start helping investors in my area. I live in the greater Seattle area and wo...
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Good Evening!
My name is Robert Kersten V. I am an active duty USCG member and have been in the service for over 10 years now. My career is something that I cherish and I will continue with it for the...
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Hi BP!
I am writing with exciting news as I am closing in on my first wholesale deal. Currently, I've been back and forth in contact with the leader for several weeks and really feel I've built some rapport with him...
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Hello BP,I have an opportunity for a unique property that doesn't really fit into traditional lending portfolios and I could really use some advice for developing a creative acquisition strategy. Background: In 2011, ...
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Now that the city of Minneapolis has passed the ordinance prohibiting landlords from rejecting applicants on Section 8, do you think this will have much, if any, impact?It seems like landlords can easily get around th...
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Hello Everyone! I recently used this company that got me approved for 8 credit cards that gave me a line of credit of $60K...after going to a few guru classes, they told me I could use the credit cards as "investor ca...
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Hi,
Our Property management company in Indiana has done a lot of damage to our property due to neglect and misconduct. In addition the company owes us a lot of money.
We are unable to communicate with them to get o...