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Results (3458)
Greg Franck How to get financed under an LLC
7 October 2016 | 11 replies

Hello BP,
Was wondering if those of you that purchase your buy and hold properties under LLC's can give me some info / tips on securing financing. All the lenders that I have contacted seem to clam up when I start w...

Luke Devine WHAT IS THE DOWN SIDE OF DOING A REFINANCE ???
8 March 2022 | 4 replies

Quick question if someone has some time to answer it I would really appreciate it. What is the downside of doing a refinance, if there are any? I had a mentor who would help me out a lot but he just had a stroke so it...

Michael W. Tenant pays current rent but can't pay off old past due balance
10 April 2018 | 6 replies

I recently assumed management duties for a strip mall owned by the family. There is a long term tenant who owes about $10k in back rent, which the former manager allowed to accumulate. Although the tenant is staying c...

Keila Pritchard Current Service Member looking to grow real estate portfolio
26 June 2023 | 11 replies

Greetings,I am a active duty Army Officer. I currently am married to another Officer who is getting out. As she prepares to exit the military, I’m realizing I’d like to have a plan once I’m ready to leave (15-year pla...

Mark Gibbs NPN-2nd position, first in foreclosure
16 December 2015 | 11 replies

I'll get this right out of the way up front, note newbie (i.e. 1 note). I am looking at a second that has an unpaid balance of approximately 30K. The first is foreclosing on the borrower, the court date is set and the...

Chris Licavoli IRS Reporting for Private Money Interest Earned
2 February 2016 | 14 replies

I am happy to announce that I have just completed my first flip project using private money.  The project was successful and the investor received a check at closing for his principal plus interest.  He was extremely ...

Thomas Blaine $700 Water Bill Eviction Question
14 May 2014 | 10 replies

So one of my tenants has a $700 water bill. I sent her a 10 day notice to quit and I am getting ready to file with the city next week. Just wondering if others have had experience with this.

What should I...

Seyi A. What's Going on In this Basement?
6 September 2020 | 6 replies

I came across this the other day, looks like the contractor/previous owner has just abandoned his/her renovation of this property. I'm not too familiar with construction, so can anyone help me figure out what they wer...

David Newcomb LLC taxed as a C corp?
4 March 2011 | 12 replies

Hey folks, I'm starting to get my feet wet in the rental business and have two properties which are up and running well. I plan to add 3-5 yearly from here out.

Me and a partner have formed an LLC and are deciding if...

Leona N. Overdue rent collection
9 October 2017 | 2 replies

What is protocol for charging and collecting overdue rent? The lease states 2% interest. I'm not sure if I wait until it's paid and then send a bill for the actual interest amount? Or should I send a letter first? ...