Jenna Goldstein
No Mortgage Without a Job?
So I heard you can't get a mortgage without a job. Isn't that illegal discrimination?
Michael Turner
STR Material participation requirements for married filling jointly
New to the forums, and I haven't been able to find the answer to this question yet (I apologize if its been answered already). My wife and I own a STR property via an LLC in which we are the sole owners. The LLC is in...
Jeremy Namen
Is a buyer that is named on the purchase agreement / sales contract to be the owner of the property when closed and titled?
Sounds like a moronic question but I have a deal in which my lender required myself and another one of their customers(former biz part) to form a sales contract on a property that i wanted personally. The sales contra...
Paul Hormann
Two tenants - can one terminate the lease for both?
I have a rental with a couple on a month-to-month lease. The couple broke up and the woman moved out and now she wants to terminate the lease, but the guy wants to stay. Can one tenant terminate the lease for both te...
Sean Starkey
Putting myself out there
I am just putting myself out there right now. I want to be more involved in real estate. All day I think about it as I work as a physical therapist . I want to do real estate all day long. I want to help people build,...
Shannon Elam
HMLs for New Investors
Hello BP community,
I am just starting out and have yet to get my first deal. I call two realtors in areas that I an interested in investing in. One realtor who was very knowledgeable on the area was tell me about my...
Ariel Herrera
Investing when you have less than 20% equity in current home
I recently purchased my first home with 5% down. I am house hacking by having a roommate pay a portion of the rent. After the mortgage, utilities, and other expenses I estimated that I can save about 30% of my salary ...
Account Closed
Buy and Hold RE Investing versus REITs
REITs and Buy and Hold RE have similar returns, and in many cases, REITS surpass B&H RE after adjusting for risk. Also, in holding REITs you don't deal with tenants. So, assuming equal leverage and tax implication...
Eli Gilbert
Advice re owning a house in cash affecting future investments
I am looking to buy a house with cash. For technical reasons, my cousin who is a real estate investor, has offered to buy it for me under his name. Would this transaction pose any problems for his credit record or cre...
Erik Halsey
My tenants are divorcing and one has moved out, what should I do?
I'm a newbie landlord in Graham, WA and these are my first tenants. They both signed a 12 month lease which will expire in October. One has already moved out and the other plans on staying, even after the lease expire...