Leah C.
Where to obtain insurance?
When buying an out of state rental property (our first one), would you recommend connecting with a local insurance agent or adding the rental property to your current insurance? We have State Farm covering our primary...
Michael Masters
COVID-19 and Your Lender's Response
Below is what I've seen from Freddie Mac where I got my loan. Please note that "borrowers are eligible for forbearance regardless of whether their property is owner occupied, a second home or an investment property."...
Pratap Koppula
Essential Elements of your RE Strategy
Selecting the right real estate investment is a critical step that can set the tone for a successful business model. It requires careful research and consideration of all factors involved, including location, budget, ...
Juan Angel Castillo
LLC loan without personal guarantee
Hello, I am 1 of 2 owners in a real estate LLC that holds 4 residential real estate properties that are fully paid off. Does anyone know if it is possible to obtain a mortgage loan to acquire an additional property wi...
Mary Ann Casey
Private Money Loan, What Would You Do?
I have an RE Investor friend who has 30 years successful experience in Fix & Flips. She needs some additional rehab funding to finish a project. Details are below. She's waiting on my response or counteroffer. I...
Account Closed
Regulatory Compliance Fee - Should Buyer Pay? Also, capping closing agent fees.
Hello BP Community,
Just signed a purchase contract as a buyer in Florida. The seller has an agent but I do not as the buyer. The seller's agent prepared the contract, had the owner sign it first, then presen...
Joe S.
Pros and cons of having one LLC for two states
So I am looking to get some feedback on the pros and cons of having one LLC for two states. The LLC would be set up in the state of Texas where I reside and buy most of my properties. I am looking to buy some more pr...
Cooper Marcus
My 3 favorite solo 401(k) and self-directed IRA providers, so far
When two different financial / tax advisors encouraged me to look at solo IRA or 401(k), I figured they both can't be wrong!I spent the weekend visiting lots of websites and reading lots of content. I'm down to three ...
Chris Masons
Question on Trust Vs LLC
Are there any other benefits to putting a property in a trust VS LLC aside from when in a trust there is a beneficiary designated should the trustee pass away so it is clear who the property would go to.
I guess thi...
Paul I.
Self Directed IRA Recommendations
Hello,I am starting the process to move my company IRA to a self directed IRA.Can you please provide recommendations for the best custodians for a self directed IRA.Thanks in advance for any recommendations.Cheers.......