Louis W.
Should I evict my brother?
Currently, my brother is living in my of units of duplex rent-free in Oakland CA because he refuses to pay any rent that we initially agreed a year ago. The story behind it is complicated, I discussed that on another ...
Jack Smith
Does out of state real estate investing complicate taxes?
Hi all, just have a simple question today. Does anyone know if investing in real estate out of state complicate taxes? If so how so? I assume I'd have to start collecting some sort of data and filing state tax for ea...
Michael Rivera
Possible to change the lender at the time of mortgage renewal?
Hi,I’m planning for my mortgage renewal. But, I have a doubt. Can I change the lender at this moment? I am using Canada mortgage direct( http://www.canadamortgagedirect.com/) and renewal is a necessity for me. My cred...
Stuart Udis
Why The LLC Name You Select Matters
Most already overcomplicate their entities. Don't allow something as simple as selecting the LLC's name become a complication in your business. The name you select may seem minor but it matters for bank paperwork, cla...
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
Hello, I've been researching BP podcast and resources and am looking into buying another property to downsize from the current one but wanted to use the equity in my current house to purchase a new house in the area. ...
Account Closed
Do Not Give Any Upfront Fees!
There are a number of scammers posing as lenders or "capital providers". They ask for upfront fees like retention, due diligence fees and even prepaid interest. If you deal with anyone that ask for upfront fees, RUN! ...
Brian O'Neill
Newbie question, seller has mortgage but wants a cash offer
So If a person has a mortgage can they except a lower cash offer than what they have on loan? I tried a sub to but they didn't like the thought of that for some reason . It just seems like if they except a lower offe...
Giana O'Neal
HELOC before purchasing investment property
Good afternoon, I am a newbie with a SF and a MF. I have about $250K worth of equity in the MF, which is my primary residence. Can I apply for a HELOC and a new purchase for a MF at the same time?
Leo B.
Tax Preparation Costs - What are you paying?
Hi All-I've been using excel spreadsheets and TurboTax to prepare my taxes over the years. Now that my real estate portfolio is growing with multiple LLCs and strategies, it's starting to get more complicated. So I'...
Melissa Hu
Get an LLC to buy first property?
Hi there! I was wondering whether rookies (like myself) decide to buy their first property with an LLC. From my research, it looks like getting financing is more difficult under an LLC vs a personal loan. My worry is ...