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Hi, Thinking of buying a new house and renting out my current house within the next few years. The neighborhood has really shot up in value over the past few years and houses are selling for $500k+. My question is th...
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I found this forum researching out of state properties a couple of days ago, and have really enjoyed the information I have found, first forum i've ever joined! I have been running a successful painting business for t...
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What are your best practices for accepting an applicant who has a credit report showing active collections? The credit score meets our criteria 640 or greater, good landlord reference, and income of 3x's the rental r...
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I have a 6 months old son and he is my only kid, am planning next year (paying off consumer debts like student loans, medical bills and personal loans at the moment) to start RE investing mainly on rental properties. ...
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I am trying to purchase a home in MD. I filed Chapter 7 bankruptcy discharged Sept 8 2015. Included in the bankruptcy was a property that was foreclosed. Unfortunately, the bank didn't transfer the property and deed ...
Hi, thank you in advance for reading.I currently own an investment rental property that will be paid off in 8 years. I am the board president and 9 years ago amended the bylaws to be owner occupied. I have an ex-wife ...
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Good evening guys, I'm new to investing, soon to be married, and am hoping to purchase my first deal. I've always had the mindset that I would need huge capital in order to begin investing. BG has taught me that thi...
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Hi BP Community!I'm a year into my real estate investment journey, and learning as I go. In the last year I've acquired 7 properties through a mix of seller-financing and my HELOC (1st lien position). These propertie...
Hello BP members, I am a recent college graduate and looking to begin a career in real estate. I am trying to learn as much as possible before I start. Any books that you guys recommend or any additional advice it wou...
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For those who've been doing this for a while (or for a short time), what legal entity do you use for your REI business?
A) LLC
B) S-Corp
C) Corporation
D) What's a legal entity?
Extra points if you feel inclined...