Bryan Ponce
Transition from Hard money to private money
I’m about to take on private money for the first time. I’m accustomed to dealing with hard money lenders and all their requirements and documents. My question is, what loan/notes documents should be in place with a pr...
Jonathan Blandino
Becoming a Mortgage Broker question
I recently attended my first Flippers event and met a bunch of great people. I spoke with one person who told me to look into becoming a Mortgage Broker. I did some research and interested in a switch career wise. My ...
Mak K.
Multiple LLCs with Properties- How to manage
Hi ,I have 4 properties. Each property is under one LLC (Sorry I have to keep it under each LLC). I am the owner/Landlord/Property Manager. As I grow my portfolios, its getting tedious on accounting since quickbooks r...
Andy Jousma
Considering not requiring SSN. Can we still collect a judgement?
Hello Folks,We're considering removing our requirement for tenants SSN's to be on our lease documents. Tenants have brought up that they don't like there number on the lease document along side of 3 other tenants. I'm...
Christine Magee
Non-license Real Estate assistant
Good Evening. I'm looking for a Real Estate agent or Broker I can get San Antonio MLS access from. I'm working for a cash buyer that buys distressed properties for flips and rentals. If anyone can help me or know some...
Yoshi Uem
Net worth as accredited investor whose primary residence is MFH
Hello!I am trying to calculate my net worth to see if I am qualified as accredited investor.Question is,I own a duplex and live in one side and rent the other side. When calculating net worth for accredited investor s...
Nick Brubaker
Lender requiring insurance be switched to my name instead of LLC
Hello all,
I have a rental property bought with cash (no original financing) and owned under an LLC. I later refinanced it. My insurance policy has recently been discontinued and replaced with a similar policy (reall...
James McGovern
Filing Taxes as a Flipper?
I have ran across individuals who flip houses and am curious as to what techniques they use for tax filings when they are not incorporated under an LLC or S corporation? When an individual purchases a property, how do...
Rich C.
Renters Insurance Requirement in Roommate Situations
Hi BiggerPockets community! For those landlords requiring renters to carry renters liability insurance, I am curious what you require in roommate situations (unrelated occupants on a joint lease). Do you require all ...
Tyler D.
What is a "homestead" residence?
I'm looking to optimize my tax situation, as many states offer tax breaks for "homestead" residences.However, I have yet to see a formal definition of what a homestead actually is.To qualify as a homestead, do you nee...