Dane Silchenstedt
Having trouble finding a Lender
Is there a lender here or some one who knows how to handle 1099 with 1.5 years under them? We’ve increased our income substantially but no one will work with us because we are 1099 and under the 2 years. We are seekin...
Account Closed
PM refusing to show rental due to Corona Virus/COVID-19
I have a tenant that his moving out of a rental this week and asked my property manager when they will start showing... they just informed me that they won't show the unit while the corona virus issue is going on. I o...
Alis B.
Do I need a license to manage my residential (LLC owned) property in TX?
Any Texas property managers / rental owners available to help? I have not bought a property yet. In doing research I have learned that I may need to add a step to this process. I may need a Realtor license.My plan is ...
Dace Hueftle
Ohio Tax Filing - Business or Personal?
I'm hoping to get a clarification on filing taxes this year. Background:1. Multi-member LLC created in Colorado2. Property the LLC owns is located in Dayton OH3. We are registered as a foreign (non Ohio) LLC in Oh...
Brittni Romaker
Newbie in Minocqua, WI (The Northwoods)
My name is Brittni Romaker, and husband and I just moved from Texas (where I've been my whole life). His family is here, we have no kids, so we decided why not?! I graduated college a few years ago (and have finally s...
Samuel Cardenas
HELOC on LLC property Experience?
Good evening BP family, So, we are currently in the process of purchasing our third property. Our approach on the third property is BRRRR strategy using a HELOC from a current rental property that is paid in full. Now...
Kyle Davis
Down payment & Hotel Development
Hello BP World- I'm building a franchised hotel and am currently wondering what people that are in the hotel industry usually use as a down payment. 25% down? 20% down? My bank that I'm going with will let us go f...
Rick Villamil
Seeking advice on LLC
My wife and I own a frozen yogurt shop through an LLC. Time for us to expand our business. Our options as we them are:1) we set up an umbrella LLC as a holding company and a separate LLC for each business unit(one for...
DJ Cummins
Forming a Partnership
So, this weekend my wife and I, plus our "partners"(her cousin and his wife) are all sitting down to discuss our plan for our first property. We are still in the beginning stages. We are going to talk about meeting ...
Pat Mulligan
Suggestions on how to best utilize out 1031 Exchange funds
We have $1.3M we have to spend, roughly $380K of that in a mortgage. We were thinking of BRRR-ing a combo of 3 or 4 SF and duplex properties in 2 different markets. Of course, we would love to be "cash buyers" for a q...