Mary R.
Door trimming-How much should I offer
A Friend is taking my four hollow core panel doors to a friend of his to have him trim them to size with his table saw. How much is appropriate to offer him for this work. The fellow volunteered to do it free, and I a...
Ben Bakhshi
How to cut costs on the exit?
We are looking at a couple deals where we will buy, fix, and sell a home to an investor who is a close friend of ours.
What is the cheapest way to transfer title to them?
One creative idea we had was that the propert...
Billy V.
Power of Attorney Question
Hey BP Nation,
Got a call from my agent today that the buyers (husband and wife) of my property were all set to close till the husband had some kind of severe medical issue. He is in the ICU and apparently (obviousl...
Vincent Plant
Next steps against a tenant who is not paying?
Well I’m about 3 years and 6 rentals into my landlord career and I finally have my first tenant refusing to pay. Rent is about 10 days past due, and the quarterly utility bill is about 30 days past due (it’s tied to t...
John Silva
Research on Hard Money Companies
Hello all, I'm researching hard money companies to possibly use on my next investment. Has anyone used the following companies ? RCN Capital, Finance of America, or Viso Lending. There are many more out there and woul...
Chris Hicks
General Excise Tax on Rental Income Hawaii
Hello All, Just trying to get some clarification on why HI has a GET (General Excise Tax) on gross rent. I have searched around with no answers. I understand that you have to pay taxes on rental PROFIT. But HI char...
Scott K.
Looking for a simple way to budget personal and investment finances
What have you found to be a simple but effective way to make a budget for your personal finances when you also have expenses related to your properties?
I often find myself asking questions like "Can I afford this im...
Andrew Rogers
Separate Bank Accounts for Property Income/Expenses?
So I'm still in the learning process of real estate investing and this question randomly came to me. For those of you who currently have property and have (rental) income generating from it, do you have separate bank ...
Dan Williams
Are banking relationships important? or does it mean you are over leveraged
Hello All,Background - I own 13 SFH all with conventional mortgages. - Currently, our LTV across all properties is 40%. - No experience with portfolio loans or commercial lending, educational awareness from...
Adam Slack
Another LLC question... Please don't run.
Reading through some of the discussions, I'm seeing a lot of mixed views on wether or not an LLC is necessary for wholesaling. As I enter the final stages of preparation, my initial plan was to just create an LLC righ...