My husband I and purchased our first rental at the end of May. We are wrapping up the renovation and are putting it on the market in the next week. What guidelines/qualifications do you use when considering tenants? i...

Hi Everyone,I've been in the short term rental game for about a year.  I have one property in Pensacola, and picked up another one about 3 months ago in Gatlinburg. I had a question about my VRBO listing in Gatlinburg...

Hello BP,Getting close to buying a 2 property deal with 11 units.  The numbers work for me, I have financing lined up and the seller and I are pretty close (10k away was his last counter from mine).  My question is I ...

Hi,

I entered a binding agreement with the Seller to purchase an unlisted property in Atlanta, cash. The closing attorney is holding my $2500 in earnest money. In our contract it states: Seller agrees to furnish ...

The Limited Liability Company (LLC) is a terrific tax entity. The number one reason is its flexibility. Specifically, an LLC can be taxed as:

- a sole proprietorship
- a partnership
- a C corporation
- an S corporati...

Does anyone know if you can block other BP members? I recently had to sever a relationship with a contractor on this site. He has been harassing me obsessively and threatening physical harm. I would like to limit his ...

Merry Christmas,
I found a property after divorce before learning about real estate. I of course got approved and bought a house for that amount. I have been trying to get an investment property since. My ex wife and...

I did a search and didnt find info exclusive to Texas.I have an applicant that qualifies and wants the property, it wont be ready for about 10 days. I am planning on collecting a holding fee of 250 to be applied to he...

I remember years ago hearing that the best way to build revolving credit accounts (credit cards, not secured) was to borrow almost up to the limit, say 80%, then pay it completely off a couple of months later.Is that ...

Hello BPers,I am a newbie and just venturing into the REO flipping business. Needless to say, I'm a bit nervous and can use some advice.I am purchasing my first REO property from a wholesaler. However, the wholesaler ...