David Bates
Best state to incorporate LLC & taxes for foreign investors
Hi All,Merry Christmas!I'm a British expat working in China and have been looking for a way to improve on the poor returns I've seen in China and Europe recently. Some US rental markets do look very attractive, such a...
Dylan Anderson
Qualify Question
New to BP. Cool site. I have been prop investing since 2008. 3 places for 7 units. Going great. Only issue is qualifying always is based on personal income and reaching my max ability to qualify based on income not on...
Morgan Madill
Recent college grad looking to househack a tri, 4-plex deal
Hey BP! I’m a recent college grad with some real estate sales experience. Moving to a new area to work a steady W-2 job in Midland, MI area. Lenders can use college transcripts plus employee agreement in place of 2 ye...
Brian Green
Tenant Applicant with Cosigner who is retired - accept or deny?
I have a unique situation with a tenant applicant for one of my rental units. On her own she fails to qualify for the apartment because of insufficient income but her mother is willing to co-sign on the lease agreemen...
Nina Zou
Paid off my rentals. Now what?
I have 4 rentals and one primary residence all paid off. And that’s all my income, just enough to pay my bills. I have enough umbrella policy to cover all my rentals. But I still feel it is not enough protections.What...
Chris T.
Quick Case Study/Questions for First Rental Purchase
Hello - Hope everyone is doing well today! I'm close (30-60 days out) to purchasing my first rental property and would like some perspective on how I should handle financing, llc or not, and a few other items. I cur...
Mike Rutherford
Solo 401K or Self Directed IRA Providers
I’m looking at rolling over my 401K into either a Solo 401K or SDI. I’ve researched the pros and cons of each. My lean is Solo 401K because I have a small business. I also plan to buy real estate with it using leve...
Michael Pierce
Rental Application Process
Should I get the applicant to include their spouse's income, even if they qualify on their own? Also how do you guys handle income verification for applicants that have their own business. This is my first rental prop...
Eric Brust
Thoughts on Stated Mortgages
I’m 23 years old and I work off the books with no verifiable income. I’m lucky enough to have 600k in the bank and I’m looking to buy a home to live in while renting a basement or garage. I was told by someone to chec...
Alex Grier
Flipping as a Realtor or Investor
Guy's I'm in class currently to get my realtors license. However, I'm starting to have second thoughts on the benefits to this as an investor; specifically a flipper. The primary reasons I wanted my license was to get...