Corey Dutton
Private Money Lenders and Small Lenders Fight Unfair Compliance
The Consumer Financial Protection Bureau (CFPB) was another offspring from the Dodd Frank Act, a legislation that is well-hated among mortgage professionals in America. These new controls under the CFPB have put unne...
JP Christopher
Properties in 1 LLC (spouse) need transfer to new individual LLCs
Hi Everyone. First question on BP so hoping some of you can shed some light and advise us in the right direction. Here's hoping everyone's families are safe and doing as well as we all can, all things considered.
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Alex K.
Investing in Detroit
Many opportunities in the Metro Detroit area where you can buy a house for pennies on the dollar. Cheapest in the nation. What are your thoughts ?
Matt Matyas
Mobile homes on lease-to-own contracts & inspections
I'm in the process of purchasing a mobile home park. It comes with 8 mobile homes (most are only 1-3 years old) that were purchased by the park; the park owner holds title to these. The 8 mobile homes are on lease-to-...
Andrew DeWeerd
Inheriting leases at acquisition
When ya’ll take on tenants currently on a year long contract with previous owner, how do you prefer to bind the contract you’ve inherited to include you as the new lessor?
1) Just scratch out old name/address and wr...
Steve Ryan
Loan with Roth CONTRIBUTIONS as collateral?
It seems too simple to not already exist, but I've had zero luck researching it. I have both a Roth IRA and a Roth 401(k), to which I've made about $60k in total contributions. Since I already paid tax on that money...
Ron Parnaso
First out of state Buy & Hold
Investment Info:
Single-family residence buy & hold investment in Indianapolis.
Purchase price: $113,450
Cash invested: $30,000
First buy and hold deal. It was a good safe transaction. But now I ...
Steve Peterson
LLC, Personal Checks, Don't Pierce the Veil!
I buy and sell merchandise online. When I sell to buyers, they make their checks out to me personally.I formed an LLC today (today is the Effective Formation Date) and I notified all my buyers to begin making their ch...
Ken Latchers
Tax reporting: abb, vrbo, flipkey
I have used booking.com previously, but now also Airbnb and soon including VRBO and FlipKey.
what is the simplest way to find the total income, total fees, total commissions, etcetera to prep the tax schedules/form...
Zulf H.
How do you secure your Garage/ Building from intruders?
Hi BP members:One of my tenants notified us that someone try to get access to the garage unit. They were unable to access any of the garage units as they are secured. This is the first time I have encountered this as ...