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I’ve searched this topic but couldn’t find the answer I’m looking for. I have a friend in college who is looking to buy a home to live in while attending school but doesn’t have the down payment or income requirements...
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Hello BP Community,I have an important tax related question that I need someone to help answer. I have created my LLC back in July 2018 and started my first flip in August 2018. I actually had 2 months and 15 days to ...
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What is you favorite solo 401K company? Why?
I see that My Solo401K.net has a very nice web site with loads of useful information.
I see that BroadFinancial.com also has a nice web site, but you have to call to lea...
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Hey folks! Big time fan of the community, first time posting here.
I'm hoping to purchase my first investment property by the end of the year and hope to implement the BRRRR strategy. I am looking for insight/advice ...
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My wife and I are closing on our first investment property in 2 weeks. We used a bank statement loan given that we are both self employed. We plan to use this property as a STR but it's currently under our personal na...
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I own under my name over a dozen rental properties (with loans) in Florida which I effectively manage from Europe without an issue. While I have HO6 insurance on them, I am considering creating a My Property Managemen...
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Aloha BP community!
I’m curious to hear everyone’s mindset regarding obtaining insurance for your fix and flip LLC and coverage levels.
I’m on Oahu and planning on handling some of the rehab work myself while contr...
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I received a precautionary PPP loan for my small business and it seems like it's causing me issues when trying to complete a cash-out refinance on one of my homes. It happened about as last minute as possible - I had ...
Would you rent to a prospective tenant who has a history of late payments? From the landlord reference, I discovered that he made 3 late payments in the past year. Each late payment was collected within 1-3 days (af...
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One of the most important things that I'm learning is how important tenant screening is. That idea leads to my newbie question of the day:
What is your screening process? What are the things you're looking for in a...