Account Closed
Property Manager find better deals?
So i re-read the book "Rich Dad Poor Dad" and re-discovered that a good property manager often hears great deals before a real estate agents. But i don't get it, a property manager is a licensed real estate agent so h...
Robert Collins
What’s the oldest Distressed Home that you have/would purchase ?
So when I’m listening to the bp podcast I hear a lot of investors when speaking about their criteria, will have a certain start year of home that they will only invest in like i May here this person only buy homes 20 ...
Edlyn Gonzales
Tenant screening requirements question
We have an application for one of our apartments with 2 tenants. Our minimum requirement for credit score is 580. 1 of the applicants credit score is 558 (this person makes majority of the income) and the 2nd person h...
Julie Groth
Form 8825 the correct one for STR income?
I know STR income is treated as active by IRS (like a hotel) and I have S Corp. My accountant used form 8825 (rental real estate income for S Corp). Is this correct? I would have thought it should appear in a differen...
Jim Adrian
immigrant screening process
I have an inquiry on my sfr rental from a young immigrant couple. They have itin number, been in the the states for 8 years and have paid taxes and will to provide tax returns. Claims they have no credit score becau...
Luke Fouch
Personal development audiobook
I’m all caught up on BP podcasts and have a significant road trip coming up. I’m looking for an audiobook platform and title suggestions to fill me up on my trip. What’s your favorite? Classic or recent books are fine.
Jordan Northrup
Primary home into rental with great equity!
Investment Info:
Townhouse buy & hold investment.
Purchase price: $255,000
This is the townhouse we lived in when we were first married. We bought a SFH nearby for our expanding family. The townhouse...
Sean Gribbons
Watch Out For Fraudsters!
A word of caution to everyone it seems like the corona virus is bringing in some scum! Just in the past couple of weeks I've had a few shady characters through BP and some other means contact me to try and do deals. A...
Derek Massey
Interest in Wholesaling as a starting point
As a new entrant into real estate investing, I wanted to inquire about the pros and cons to wholesaling as a starting point to build capital before entering the buy and hold or flipping niches. Any feedback is appreci...
Rob Bergeron
New Addition To Old Louisville
https://insiderlouisville.com/economy/developer-pl...A microbrewery is moving in. Louisville keeps getting cooler and cooler. Side note: I just saw an interesting fact that stated property values go up $10,000 when a ...