What is the easiest way to tell if a private lender is a fraud? I have one private lender who keeps contacting me about offering private loans. He says his name is Bryan Chambers from Chambers Financial located at Rat...
Hello everyone,I'm in the process of moving my portfolio into a few LLCs. I've done a bit of research on business checking accounts but was curious if anyone on BP might have a recommendation based on personal experi...
I have been looking for brokers for a while and I found out (Broker A) is based on the 100% commission model, charges for errors and omissions insurance ($5 dollars per thousand) & I found out it was 20% out of th...
I did some research on checking and savings account. These are for people starting out without forming an LLC, but wants to keep their "business" separate from their personal. If you have an LLC setup, you need to c...
what are some of the top questions to ask of a property manager? I've tried to go with the BBB rated, check the real estate boards, and check online for anything questionable but I still don't know if I'm missing some...
I'm about to set up an LLC to purchase my first out of state rental property.
Then I read some forum posts saying that an LLC based in one state & operating rentals in another has to register as a foreign...
Looking for a loan and am curious if all lenders have resorted to creating a laundry list of fees. Some of what I am seeing are:- Legal Fees- Underwriting Fees- Corelogix and other data feesWhat's next - Fees for if y...
Hello everyone,We are three friends looking to invest in real estate. Our first intuition was to get an LLC but we no longer thinks it makes sense for the following reasons:- Have to get commercial loans instead of re...
Hi I am talking to property management companies to manage a property I own in central florida. One of them had a clause in their agreement that they get to keep the late fees. I thought that was pretty weird since th...
Hey BP folks, looking for a situation opinion here. First time this has happened to me.I solely utilize buildium's e-pay service for rent collection and for the fisrt time had an "echeck" reversed for NSF. The tenant ...