Todd Fry
Morris Invest Review (after 8 months of ownership)
I have written this review to give any prospective Morris Invest clients an idea of what they are getting into.My experience has been decidedly negative.BLUF (Bottom Line Up Front):Unfortunately in my experience, I di...
Joe Wilson
Terms for Individual for $50K Downpayment
Hey BP!
Working a project where I need an additional $50K for the downpayment on a MHP. I have an individual that will lend $50K.
This individual will not be a partner in the deal.
What are the some best practices ...
Yan Jin
LLC or Individual for tax purpose
Hi Athens and BP family
My wife and I currently own several rental properties in Athens. All of them are under either my name or my wife's name. As such, we are wondering if anyone has experience to share that whethe...
Christopher Nemlich
LLC or Individual for Rental Loan
Hello,
I'm going to hopefully be purchasing a few turnkeys properties in the near future using DSCR Rental loans (is there a better name for these?). I've watched and read a lot of the negatives of using an LLC as an...
Sheridan D'Agostino
Cosigning for individuals or a group?
We are in the process of renting out one of our properties to four college students. They are all on the same sports team and have no "proof of income." We have met them and they have a good reference from their previ...
Scott MacDonald
LLC or Individual for Hard Money
Hi All,I am in the process of starting my first direct mail campaign and I am trying to secure funding partners should I get some responses. The initial hard money lenders I have spoken to seem to only want to lend to...
Edit B.
California Rent Control
Why is no-none talking about this? It will cap increases to 5% plus inflation and you can no longer evict at no fault after the lease is up. This is a big deal
Nick Versetto
LLC to Individual for conventional refi help?
does anyone know the guild lines for a property I purchase under my llc, rehab, rent, and try to refi conventionally?I know you're able to quit claim into our personal name but how long does the property need to be he...
Alexander Parunin
Avoiding city (building) inspectors and code enforcement
We just recently started house renovation and got red tagged by the city inspector. I guess he saw dumpster while driving around or maybe neighbors complained. So we learned never leave dumpster in city limits.
Could...
Wai Fung
Infinite Banking Concept, Cash Flow Banking, or Bank on Yourself
Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...