I have a recent applicant who is relocating to my local area for work. She does pass the qualifications for the most part but I see a few red flags. For one, she told me she doesn't have past landlords to use a refere...

I have been reading a ton of books about investing. I know I want to buy buy and hold properties. I have a small savings but want to keep it for emergencies. I currently rent myself and would like to buy a house one d...

Hi all,I have a prospective tenant (a couple) that are both self-employed. Both parties (unmarried) gave me a copy of their experian report: 738 and 698, which is a good enough score, but I didn't pull the reports. Ho...

Is this normal during these times?

Just wanted other investors and lenders opinion on this. I have a private loan for a flip i am doing. The closing is supposed to be this Tuesday March 31. I already  got the mortgage commitment letter and everything w...

I was listening to podcast #49 and @amanda han who is a cpa said that if we currently have a 401k with my current employer, that i can transfer that money to a self directed 401 and then use that money to purchase rea...

Hi All.We have decided to explore an LLC for liability reasons for some house flipping. We are trying to see if there are tax benefits and liability benefits to an LLC vs. and S Corp. We have steady income (W2), this ...

Hi All,I have great credit and my net worth is about 500K but much of it is tied up on a 401k or appreciated stock that I'd rather not sell due to taxation issues.  Are there lenders out there that will give me the ca...

Hello BP family, I am looking for the new single family house rental property in Dallas areas such as Little Elm, Princeton, Forney, Mesquite and others. But I am not sure which place I should pick. Is there any advis...

I've been actively looking for my first deal and in doing so I've been talking real estate around the office a lot.  One of my coworkers has expressed interest in investing with me but says that most of his money is t...