John Jack R.
Do Little and Try and Make Money or Add Real Value and More Risk?
So about four months ago, my business partner has an inside track with this HUGE DEAL! It was a Spanish client of his, whose husband passed away, after a legal battle with her late spouse's family, she won the right t...
Shane H.
Bend policy on 3x rent requirement?
Hi BP'ers!
I have a rental that I am listing at $635 a month in a C area. I have had several calls on it, and one in particular I wanted to ask your opinion about.
Her and her husband are on SSI disability (I do not...
Roger S.
Service dog question
I have a rent house I'm advertising right now. As stated no big dogs, no pit, no pit mixes. Guy send me a message asking" whatnot my pit is in training to be a service dog"What should my response be? My first i...
Lance Lvovsky
Check if your ITIN is expiring!
Just a heads up to those of you who have ITINs with middle digits of 73, 74, 75, 76, 77, 81, or 82. Your ITIN may be expiring and you should begin the renewal process now if you will have a filing requirement next yea...
Anthony Cancel
First buy and Hold deal, unsure of how to begin!
Hello All, I have found a deal I want to buy. Home sold by family of deceased aunt. I'll be making an offer that should be accepted. If it is, then what do I do paperwork wise? This would be my first deal and no realt...
Andrey Y.
Count social security and disability as income?
Hello all! Do you count social security and disability as income to calculate 3X gross of the rent? Seems like it would be a constant and reliable monthly source of income, but I have never come across this.
Chris Reyes
Potential Tenant that will use a Trust without employment
Hi everyone! There’s a potential tenant that has applied for a rental that is using a trust as proof of income, as well as 30 day bank statements. They do not currently have any type of employment. The other tenant th...
Andre Olsen
Cash for down payments
Hi all,
Hopefully posting in the correct place (newbie). my partner and I are looking at investing. We make 120k gross income and an additional 50k in cash tips. Couple questions:
1) Can we use cash for down payme...
Bryan Hancock
Salary/Dividend Split - How Does It Impact Social Security Eligibility?
If one sets up a LLC and takes a salary/dividend split via their LLC does all of the money get counted to determine eligibility to continue to receive social security payments? Or....does just the salary portion get ...
Grant Hasting
Handling Section 8 Requests
My wife and I put our first unit up for rent and have received some requests asking if we accept Section 8. While this is our first rental, we are wanting to keep things simple and prefer a more traditional Tennant. O...