Hey everyone, I am a real estate agent in New Orleans, but I am relatively new to the investing side of things, so I am hoping that someone can help me understand this particular topic a bit better...I am looking to i...
Someone brought some language used by lenders to my attention. I hadn't noticed it before, but now that I look back, I see it in a couple of my approvals. I know a lot of investors use the Trust Method of flipping, de...
We have a tenant in one of our SFH, moved in last December, and has paid late EVERY SINGLE TIME (with the exception of the first month.) He pays the $50 late fee without complaint. He asked to move his pay date from...
Hello fellow BP'ers,
Both my partner and I are self employed in the horse racing business. We can't provide any W2's or a proof of monthly income due to the fact that our earnings are based of off race outcomes...
Hello BP world!My name is Dylan from NJ I am excited about everything I'm reading on the forums and blogs from all you great members. I am preparing myself for my first investment and pre-approve myself for a mortgage...
Hi all, I am just starting out. I bought a rental in NC and someone told me that the rent money has to go into a separate account that just is for rental income.... is this true?
I bought my first rental 2 years ago and will close on my 3rd in a few weeks. I plan on growing the owner managed landlord business and need to get serious about liability and asset management. Right now I am regula...
Hello all,I spoke with a mortgage broker today in regard to purchasing a home in FL for my retirement in approximately 9 months. He had told me that I’m not qualify for primary residence due to me not living within th...
Hi all,I know there have been dozens of posts re: LLCs but I'm having a hard time nailing down specifics. I understand I should consult an attorney and CPA for the nitty gritty, but can someone please walk me through ...
FlipComp is a service that supposedly helps find the 'best' deals around. I was wondering if anyone uses it. It has limited to certain areas but if it works I am interested in it. Thanks!