Travis Bobo
Conventional Mortgage Requirements
Hey BP,I am currently working on locating my first deal. I am looking to buy and hold and we are looking at property in the 50k to 100k range. I have A+ credit and will be able to put 20% down. Most everything we h...
John Pierce
Strategy for structuring business to minimize taxes and liability
Hi.Last night at a dinner party I found myself in a conversation with an entrepreneur about taxes, corporate veils, etc. He asked me how my rental properties were structured and was shocked to discover that I persona...
Jonathan Orr
Real Estate Development Land Purchase
Hi BP, I was trying to explain real estate development to a gentlemen who is interested in getting "in the game". I was explaining how I structure the purchase of land into deals and how I go about it. It got me thi...
Debbie Zimmer
Getting a mortgage on an LLC property
Hello everyone! I’m hoping you can provide some guidance to us on this subject.Background: We are new investors and have set up an LLC with a Line of Credit attached. We used the Line of Credit to pay cash for our ...
Joe Kern
STR - Insurance & Liability Protection
Hey All! Looking to purchase a short term rental (airbnb) in Florida and am curious how I would protect myself against potential lawsuits in the unfortunate event of an accident on the property? Is there STR insurance...
Daniel J.
Land Trust vs LLC Pros and Cons
Does anyone have experience or knowledge about using land trusts instead of an LLC, for both privacy and legal protection? I am not speaking of living trusts but land trusts. Of course the more private the entity the ...
Tanya Torres
Tips for out of state investing for 1st deal? CA is so expensive!
New to the BP Community and I have been diving in head first into research, podcasts & books to purchase my first investment property. I live in california & im wondering if it would make more sense to look fo...
Account Closed
What can the financial statement tell you
As a CPA and an investor, I'm well aware that reviewing financial statements is important. I'm curious what many of you as investors look at when reviewing these statements.
Besides the fact that there may be issue...
Chelsea Mastin
Turning a SFH into a duplex- estimating cost
I hate to ask for help, but am having one heck of a time figuring out an estimated cost for renovation on a property I will be closing on at the end of the month. It's 1,344 finished single family manufactured house b...
Charles Stubblebine
HELOC
I bought a SFH in 2011 in Delaware using VA. Since I am in the military I was transferred (PCS'd) to a new assignment in Florida. I rent the SFH out in Delaware and I bought another SFH in Florida using VA again. I wa...