Account Closed
Business Credit for new LLC
so I have good credit, but even with a personal guarantee, Lowe's would not give my business a line of credit..how do you start getting credit for a new business when even a place like Lowe's willl not give your new L...
Evan Manship
Fannie Mae Homestyle Mortgage
Hey BP,I wanted to take a collective poll as to who has had experience and what the community has heard regarding Fannie Mae's HomeStyle renovation mortgage product -- not to be confused with the HomePath renovation p...
Jared Ryan
LLCs and personal mortgages
Hello BiggerPockets!I'm exploring the possibility of getting a 10-unit apartment building. With that in mind, I'm wondering if I should get an LLC.Benefits of LLC:1. If I live in the property, I, Jared, can rent from ...
Brandon Low
$500,000 Passive Income Per Year With Rental Properties?
Hello,This is my first post, and am still very much in the learning/education phase of my REI journey. (So please dont be too hard on me!) I'm 26 and my goal is to make $500,000 a year in passive income by acquiring r...
Joaquin Camarasa
What are your craziest tenant stories?
I house hacked by the room for 4 years. As a landlord I’ve had some situations I never thought I would experience.I would like to know the crazy stories of others. I definitely have improved a lot my screening process...
Geoffrey Murphy
lower end rentals vs higher end rentals
Hey BP,
I have a question that has been on my mind for sometime now. I was reading a few threads from the archivsection on this but i still needed a little bit of clarification.
I notice that some investors invest i...
Kingsley Okwerekwu
Estimating repair costs off MLS pictures...okay to do? Or stupid?
How can I estimate rental costs on a MLS listing from my computer? I am looking to begin my first flip in the next 2/3 months...is it okay to see fixer upper appear in my market and just make an offer of what I “think...
Josh Thomas
Fire Time Landlord: Would You Rent to These Tenants?
Hello All,I just received applications for our first tenants ever. They have passed all of our screens (criminal, credit, etc) and in general, I feel good about it. But there are some quirks:• It is 4 people total. A ...
Denise Harmening
No notice that pipes were frozen from Management Company
Hello. We have a cabin in Gatlinburg managed by a small company. December 24 the guest notified them that there was no water. The pipes were frozen. December 25 the guest notified them the heat wasn't working and the...
Tracy D.
Cash for keys- rewarding bad behavior
I am really only writing this because more and more frequently I have seen this come up. And it practically grinds a nail in my nerves to reward tenants for bad behavior by offering them cash to leave. It undermines l...