New to RE Investing and have been keeping up on the latest financial situation(s) regarding Fannie and Freddie. I already have an LLC set up and would like to start building credit, so in the future I can avoid rules...
Hey BP!How do you guys handle applications for your rental for couples? Do you make both of them fill out an application? I know both have to be on the lease, but the 3 reports I request cost $55 to run so I'm just fe...
Hi all, I just want a sanity check from the BP folks here.I just asked my dad to add me as an authorized user to one of his credit accounts in the US to help me rebuild my credit scores there (since I closed all my ac...
We signed a lease-to-own contract for 60 months. At the end of the term, we are obligated to provide a $100,000 credit at closing toward the purchase price for the buyer/tenant. This credit amounts to $1,666 per month...
The appliances in a duplex I bought are going to be replaced. Would love to write it off next year as an expense but wondering if that would raise a red flag with Uncle Sam. What do you all do? Capitalize? Or Expense?...
Hello all, have been listening to the podcast and reading the forums for a little while and am ready to start investing. I was not able to find anything very similar to our particular situation and was hoping on advi...
Hello BP. I am just starting to develop a real estate portfolio and I would appreciate your advice with reference to tracking business expenditures. I have not done a single deal, but will enter real estate with sin...
Are there any services that can help me as a renter to pre-screen myself so that I may expedite/improve my experience as a renter applying for an apartment?
Hi, I have approximately anywhere from $150k-200K in equity in my personal residence. Are people able to obtain HELOCs in this market to use as down payments on investment properties?
I plan to purchase & hold my next investment property. I will apply for a loan that requires 20% down. At the same time I would like to apply for HELOC on primary residence to pay for that down-payment. Will that ...