Tony Schober
Process for buying a home for cash
I've been searching through the forums and can't seem to find a clear view of the buying process when it comes to paying cash for a property, so would appreciate some clarification.
1 - talk to my attorney and get a ...
Rodney Williams
Equitable Interest
I have read several post here in BP on this subject, however I only see peoples opinon.
Here in Florida I have been told by an investigator from the DBPR Division of Real Estate that in order for there to be an equi...
George P.
Quicken Rental Property Manager
Does anybody use the above mentioned software? I like to have things organized (1 rental). I am not debating on the cost, rather on efficiency?
http://quicken.intuit.com/personal-finance-software/rental-property-mana...
Daniel Bradshaw
Multiple offers on REO's
Hey Everybody,
Let's say I have a proof of funds letter for $100,000 and I make 20 offers on REO's at extremely low prices only expecting to hear something back about 1 property or even none of them and I hear back f...
Simon Asraf
How to Structure LLCs
Hello BP Community!
We have recently acquired a six unit apartment building in Memphis, which is our largest acquisition to date (we also have four SFRs). I want to know the best way to protect my assets. I keep gett...
Dustin Barr
Bookkeeping on multiple propertys in quickbooks
I have 2 rental properties. When using quickbooks do you normally set up separate accounts for each rental property, or use one file and have accounts for each (Such as insurance, the sub-accounts for each property?Th...
Mikel Graham
I have a list of REOs, which ones should I get comps for?
Ok, so I've been struggling a bit here. I recently received a list of REOs in my area. I've been trying to find similar properties that have sold recently and I am unable to find a single comp for the 30 listings I ...
Bryan Rodas
Comparison sale approach! Please help me!
Hello, I am trying to learn how to compare comps in a very accurate way. I've watched countless YouTube videos spreading false information, talking about arv eventhought they don't even make adjustment to the properti...
Account Closed
Understanding Private Money Loans
Hey BP,My wife and I are self-employed and have a nice savings but because of our taxes (we expense A LOT of things) we're having trouble with conventional loans so we started looking at Private Money Lenders. We're l...
Jose Pena
Structure a business
Hey BP members,
I have been researching on how to structure the start of my rental empire. I hear a lot of everything...one LLC for each property...one LLC for all my properties...different tax strategies...
My quest...