Having a hard time making the decision on putting a new STR into an LLC or just getting an Umbrella policy.  In NC it costs about $450 a year in fees for the LLC (Annual Report and Franchise Fee).  I currently pay a C...

I keep hearing about how the rich file bankruptcy not because they are in trouble but as a strategic way to build more wealth. For example Donald Trump, Rich Dad's Robert Kiyosaki, 50 cent, Henry Ford even Walt Disney...

Looking to invest with a "group" who flips houses for a short term return. Any recommendations? (Investing less than 100k) Has anyone had success with this?

Hi all,I am selling a ranch that was used as a rental held tenants in common and have very little basis since it was inherited long ago. I would like to reinvest all the proceeds (375k) into a local flip (owning secon...

BACKGROUNDI'm an inactive investor following a big deal gone bad that hurt me in a significant way financially. I used two of my rental properties as collateral assignment for a big a big project with a hard money len...

Will you make a copy of tenant social security card when they move in? Because i've heard that you need ssn of the tenant at court for eviction. I make copy of tenants ID but never asked for ssn because they applied t...

As of 4.25.17, Tuesday, Fannie Mae announced they will now make it easier to get financing especially when you have student loans you want to refinance into your home mortgage or if you have debts that are being paid ...

Hey all, I good friend of mine has a successful commercial debt collection company.  My thought was, they have people, systems & unique access to personal info that is harder to come buy on a small scale.  I asked...

When applying for a mortgage is there a LEGAL obligation to disclose all income or can you disclose the income sources that will qualify you for the loan? For example, can I just disclose my employment income and not ...

A novice landlord in Baltimore city here. 
To make the long story short, my tenant on a month-to-month lease is not paying rent and refusing to communicate with me. I already sent this tenant a failure to pay rent no...