Paul Veronis
Key Indicators in Analyzing Rental Properties
Hello BP Community.I am trying to get better at analyzing rental properties so that I can buy my first investment property. I was curious what other investors consider to be a good GRM, Cap Rate, and Cash on Cash Retu...
Mike Dawson
Beneficial Owner Information Reports. Company applicant???
I formed an LLC last month and I have 90 days to submit my BOIR. My confusion lies around the term "company applicant". When looking for information on who the company applicant is, I ran across this info directly o...
Kenneth Davis
How to confirm the income of an applicant that is on Disability
I have an applicant for a a property of mine whom submitted information to a tenant screening service I use that his monthly income from Disability is $1500.00 monthly. My advertised rental that he wants is $475.00 pe...
Terry R.
Insurance
Hi Everyone,
My question is do you favor replacement cost insurance vs. rebuilding cost insurance? Also, if the property is destroyed and you have only replacement cost insurance do you rebuild or just sell the land ...
Sam Warrick
ADVICE ON LIQUIDATING RENTAL PORTFOLIOS
I want to help a good friend of mine liquidate 18 of his properties in Memphis. Any tips or advice will be appreciate! Thanks,Sam
Jasen Bankson
Probate - Represented by an Attorney
I'm working to develop a direct mail list of probates based on public records in the area and I'm finding that in the list a number of them are represented by an attorney (instead of the individual). In the cases whe...
AJ Aispuro
Received a Gift Loan From a Friend
My friend provided me a 200k loan to deposit into my newly created LLC. What are the requirements and or laws that I need to abide by when depositing money like this into my LLC account?
Heather H.
Most Overvalued Markets According to Fitch Ratings
Hi All,I just came across this list of the five most over-valued housing markets in the US according to Fitch Ratings, which are Las Vegas, San Antonio, Austin, Portland OR, and Dallas. If you live or invest in these ...
Peggy Liu
Woes with the HOA in Austin
Just digging for some suggestions here.
I own a 1/1 condo in Austin. On Sept 9th, the tenant at my rental unit informs me that the unit is flooded. The tenant was out on business for some days. It is from ...
Patrick Philip
How to know which areas of the country have best markets?
I talked to a guy who lived in NYC. He said he used to flip in Jacksonville, FL long-distance because the market was hot at the time. How does someone know which markets are "hot?" And what does "hot" mean? Does it me...