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We are new investors and are looking to set things up the right way. Our plan is the buy one or two properties a year. After talking to our accountant he recommended that each property by under its own LLC to protec...
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So, I had my consult with Anderson Business Advisors yesterday. They ask a lot about your assets and goals. They definitely didn't force me into any predesigned solutions but took what I was looking for and made recom...
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Hello all you smart BP people!I have a question for today: How do YOU view debt? Here are some sub-questions that you can pick and choose from to add to the conversation:--> What are your personal "rules" abou...
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What's the latest analysis with regard to Dodd-Frank 2014 which comes into effect January 10th as far as how it relates to real estate investors doing options, lease purchases, seller financing, etc.?
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I am getting closer to my goals! I closed on number 9 today. It is a 4/2 ranch with a 2 car attached garage. I bought it for $133,000 which is more than I have bought any of my other rentals for, but the market ...
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Hi everyone,
I had my first eviction case experience and it was quickly dismissed in favor of the tenant. My property manager did everything by the book. The tenant was on a month-to-month lease and we gave her more...
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There's so much in this business that I just don't understand. On a fairly regular basis I will get a call from someone who needs to rent or they want to buy with owner-financing. And they have no money for the d...
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Anyone every use this company? It sounds like a scam or someone that just signs you up for a bunch of business credit cards.http://www.flipfunding.us/
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I just bought my first 4 unit building 6 months ago. I’ve needed to put some money into it along the way. 3 units are occupied, the 4th is mine. The rent breaks down as:75010251160Total: 2935The expenses:1850 (mortgag...
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Would one have to evict a seller who won't leave on the day it closes escrow (as the contract states) or is there a simpler legal method? This is question pertains to sellers in a short sale transaction who have no mo...