Julie Verardi
3X the rent versus 40 times the rent?
I had always done the 3X the rent rule for what I can afford for a mortgage and for my tenants. For example $2000 x 3 = $6000 (monthly income required to keep housing payments less than 1/3 of income) $6000 x 12 mon...
Talha K.
Problem Section 8 tenant is eviction the answer?
Hi BP, I have been dealing with a problem section 8 tenant for my property in Los Angeles for the past 9 months or so. I finally sent him a 90 day notice and put my reasons in a letter along with the notice. Now that ...
Adrian Lammersdorf-Scioll
First house hack property
Investment Info:
Single-family residence buy & hold investment.
A 3/2 in the Orlando area that I used as a house hack, and now rent to a family
What made you interested in investing in this type...
Yannic Lienert
US and non - US citizen want to start RE investing - any tips?
Dear BP members, my best friend from US and me, a German citizen, want to start real estate investing. Over the last years we were able to save up enough money to now consider the next logical step: Choosing the corre...
Ruben Garcia
LLC vs. Corporation, book keeping
Hello, Any recommendations on who I can chat with regarding creating LLC for out of state rental property I purchased. Benefits of LLC, s-corp, etc. Also how I can prep for next years taxes. Thank you
Tony S.
Long time lurker, new to posting
Hi BP,
I've been reading posts for quite a while now, but I have yet to invest in a property or engage on the forum. Here's hoping that both are about to change! I have found a property that I just had to g...
Dana Leviel
California property help
we have 2 properties in California one that is currently a rental in the Bay Area and one that will be in San Diego. In other states you can put the property into an LLC to protect yourself and other properties, the p...
Dan DeMott
Adverse Action Notice When Rejecting Tenants
Hi All,When meeting fellow landlords, and potential clients, I like to ask about their existing policies and procedures for tenant screening. I am always surprised how many landlords are not aware of their obligations...
Annette Plummer
How to sell a single family rental in Raleigh NC
My single family home has a strong rental history (8+ years) and is currently occupied. I would like to sell the property to another investor and do a 1031 exchange. Not sure how to start or where the best place to ...
Sean Moen
New Member, New Investor, Old Passion
Hi All,
My name is Sean Moen. I reside in the greater Sacramento Area, CA. I've had a long term passion to get into real estate because I understood the potential. My friend/business partner and I have been gatheri...