Hi BP Family - I'm trying to get clarification on something as I seem to get conflicting information from different lenders. How is rental income calculated for your DTI? I had one lender say they took 70% of the ren...
Hi all! New to both BP and RE. I'm from Raleigh, NC and am currently in self-education mode (lots of books, podcasts, and mentor seeking), but planning to explore my first deal soon. I have a full-time job with a mark...
I am new to the Memphis market and am looking to call up a few property managers. What are some unique questions to asks property managers. When I first started talking with property managers, I asked the typical ques...
Hi all, Is anyone with a vacation rental, currently using, or have you used www.guestchecker.com for verifying a potential guest in your rental? In 8 years, I've been extremely fortunate to have great guests stay w...
I am kind of nervous as a first-time homebuyer and first-time investor investing out of state and looking at markets across the country. I am currently looking at Memphis and Detroit. I am not sure. Any helpful tip or...
Morning BP community.
I was presented with a Syndication opportunity. I am fairly "green" in this type of investments and I am still in the process of investing in my first owed RE property. I have done a decent ...
Hi, I am a new landlord and have to learn a lot. I bought a multifamily with tenant that does not want to cooperate with me. My story is not at all so dramatic compare to many other stories on this forum, but I want t...
Ontario Canada has recently declared war on small businesses and in particular Landlords. Landlords will soon be unable to raise rents to reflect market conditions even if a tenant moves out. Given the rising cost of ...
I'm looking for help from the crowd on this one.I'm putting together a blog post with a checklist that a creditor/lender should follow in case their borrower files a Chapter 13 bankruptcy petition. The purpose is to p...
I have a piece of real estate owned by an s-corp (of which I am the sole shareholder).It has appreciated substantially in the decades that I've owned it.I would like to transfer it to an LLC (of which I would be the s...