With the exception of community banks and credit unions, most would agree that banks still aren’t lending. “Hogwash!” some of you bankers who are reading this will probably say.
As a follow up to a post I did nearly...
How do you purchase rental properties and get them put under your LLC? Are you buying them with your name and then transferring the deed? What is the best route to get homes purchased and under my LLC?
So my tenants paid $1000 of the $1200 that they own me. Rent is due on the first, but late fees don't kick in until after the 3rd (on the 4th). The late fee is $30- day. Do I charge them the whole late fee or pro-r...
I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?
Hello fellow BPers!I'm a newbie investor who has been looking for my first buy and hold property for the past couple months. As I continue my search for the first rental, I am debating my overall strategy on how I sho...
So I have been trying to "START" my gut job renovations on my rental. I've heard from my contractor that specifically Jersey City in New Jersey is one of the MOST DIFFICULT cities to deal with going through the permit...
Our first "real" deal, and our market is so hot right now it's hard to get in on anything. so we checked out a Hubzu auction, walked the property, and put in a bid. And we're the high bidders!
now we wait to see i...
I have an applicant for one of my properties who has no income, but a large amount of money in their name from an inheritance.Everything else being equal, would you consider renting to someone in this situation? If so...
I've got a concern I need answered about birddogging. I am licensed.
1. As a licensed investor in Texas, what actions must I take in order to be able to pay a partner (birddog), where it is not considered paying an ...
Finding the Deal
I came across this deal from a bandit sign I had put up in Havelock, NC. The owner called while I was on my lunchtime working out. Out of breath, we had a quick discussion. He described the property ...