Michael Anderson
Do we need to update existing leaseto an LLC if we move rental property to an LLC?
Hello, I have my rental property lease agreement with my name as a landlord. Now, I want to open an LLC and move the title to that LLC. My question is, do I need to update my name to LLc in the rental agreement and in...
Polat Caglayan
invest in detroit
What do you think about investing in Detroit, such as buying a house, repairing it and renting it out?
Shakthi Kamal
Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
Hi BP Community,I'm a new investor learning the ropes on analyzing RE deals. I'm interested in deals that cashflow more than appreciation (I'm in it for the long term and happy to wait for my appreciation). I like to ...
Ofir R.
50K Cash, DSCR loan, where?
I got 50K sitting aside. I wish to use it for an appreciating property. I don't like stocks etc. Since I'm a new immigrant with no credit score, a DSCR with 30-35% down payment is my only option, so the 50K need to in...
Paul Passafiume
Tax preparation costs for business+ individual
Ok, so I got my tax prep bill and I think its way high. For discolsure, my accountant had to file 5 forms:1040 US tax ind return1040-ES Estimated TaxKentucky Ind taxKentucky Est taxKentucky Single member LLC tax retur...
Phil Ferranto
CREFCOA loans
I'm looking for some feedback from people who have used CREFCOA for financing their multi-unit purchases. Are they the right group to work with? How do their fees compare on Fannie Mae multi-family loan programs? At t...
Bob Jones
Are there any mapping programs which show property values?
This is a bit of a newbie question. I assume there must be color coded maps which let you see property values at a glance. But, I'm having trouble finding this online.
I'm not sure if there are any mapping program...
Cory Binsfield
This Is Why You Need To Vet Your Residents
This poor landlord in Syria had the 3rd floor of his apartment leveled after an air assault on his building. Looks like the resident blew himself up to evade capture by US Special Ops. I'm sure this contributed to eve...
David Lucas
Indianapolis Property Managers
Hello All - Looking for an experienced and trustworthy property manager in Indianapolis with experience managing multi-family, C Class properties. Any recommendations would be greatly appreciated.Happy Holidays!David
Account Closed
Quicken Loans vs. traditional bank
I'm trying to get the ball rolling on my first deal and get pre-approved for a loan. I've researched Quicken Loans and even started the application process to get pre-approved, and it seems like it will be legit and p...