Scotty Mulkey
Starting our REI company
Hello, to all of you here in BP. We have started our business with capital of $ Any ideas of how to do it correctly. Thanks in advance to all that will reply.
Tim Porsche
Tax Deduction Question for Owner Occupied Duplex
Hi All, I'm not sure if this is the right place to ask or not, but if anyone could shed any light on an issue I'm having while doing my tax returns for 2017 I'd greatly appreciate it. So the issue is, I have a duplex ...
Amir Saeed
Real estate licensee and MRIS access
HelloI am an investor and my wife is looking forward to get a Real Estate license. We both are interested in MRIS access. If I am correct after she passes her state exam she has to join a broker to get the MRIS access...
Christian Valencia
Duplex Tax Loopholes
My wife and I are closing on an owner occupied duplex later this month - tenant is already in unit B. The home is in great shape, but bathroom and kitchen are outdated. We want to maximize deductions and are looking f...
Austin Spitzenberger
FHA 3.5% or Conventional 5%
Good morning BP friends. I am currently looking to use an owner occupied loan to purchase a small multifamily (two-four plex). I have qualified for both 3.5% FHA and 5% conventional. I am aware of the benefits of each...
Clark Coffey
Screening Question - Requiring all applicants to meet min FICO
Hello all, first time poster and relatively inexperienced single unit landlord. I’m out here in California and I want to make sure everything I do on my screening process is 100% above board in every way. I’m so conce...
Joshua Glesener
What is the best management software for 10 to 20 units?
I have been using wunderlist and quickbooks to do all of my property management and feel like I need to upgrade to a property management software? I was wondering what you guys use and something that does not break th...
Justin B.
Entity? Needed or not
So I posted another topic on BP about how many SFR's in a LLC was too many. I was taken aback a little bit when the first 2 replies were that I didn't even need an LLC, just a good umbrella policy. I replied back...
Sharukh Ahsan
HELP: REO with Title Issue
Hi everyone,
Recently went under contract with a Wells Fargo REO. Upon title search my attorney has discovered the following:
Previous owners of the house transferred the ownership to their living trust.The bank for...
Michael J.
Stop email notifications for followed forums?
Is there a way to edit how email notifications are sent for followed forums? I like a having a list of forums I like the most but my inbox is getting destroyed from all the notifications that someone posted a new thre...