Kristopher Kelly
Need to open a "Security Deposit Account" with being out of state
Hello BP Fam,I am hitting the forums today with a question due to talking to my bank today. In the state of Delaware, the security deposit must be held in a "security deposit account". My question is do any out-of-sta...
Brandon Davis
Roanoke, Virginia
Hey everyone,I am currently learning as much as I can about real-estate. I am on track to get my real estate license in order to be more effective in building a business of my own. Currently trying to line up financin...
Rayan Faris
How can a property owner be held liable when using a property management company?
If a property owner is using a reputable property management company how can he be held liable? What could he be held liable for?Obviously if he denied repairs or funds for them?What else if he isn't actively managing...
Tom Chen
LLCs and bank accounts
Hi everyone!So there are two schools of thought with regards to both LLCs and bank accounts.Some people say an LLC per property, some people say a bank account per property...What about having multiple LLCs, but one m...
Landon Dean
Portfolio Loans
Portfolio Loans.....I am looking to learn more about them and some real life scenarios people have used. 1.) How does it work compared to a traditional 20% down loan that I have used on my other two properties.2.) Are...
Shanna Vataj
Biden Administration’s Capital Gains
Interested to see how other investors are mentally and physically preparing for a reversal of 1031 exchanges. How are you altering your future estate plans if this goes through? Investors currently pay a 23.8% top ra...
Mike Callahan
Strategies for paying off debt
Long story short, I’m in a position where I want to sell a few houses to pay off the debt on my portfolio of real estate. I’ve concluded that my only real option here is to bite the bullet and pay capital gains. Does ...
James Ohliger
Quit Claim out of an LLC for Re-Finance?
I am about to purchase a short-term rental property and I'd like the property to be held within an LLC (as my other properties are). My lender tells me that since Sallie Mae guidelines allow a transfer to an LLC that...
Josh Milewski
First Three Properties
I listened to the webinar how you buy your first, second, or third rental property yesterday. In it, David Greene talked about the value of experience in these three properties. Which got me to thinking. Is the experi...
Sam Faas
Should I hide my real name/contact info during the rental?
I am a small landlord, whose 1 investment property is held in my name. In the past I have used a property manager but thinking of doing this myself.I was wondering if any other small landlords do anything to hide the...