Pat Bahn
Has anyone analyzed the balance sheet of Equity Trust Company?
I'm not much of an accountant, not like a real CPA but, i was wondering, I went and looked at opening an account at Equity trust company www.trustetc.com. SO as part of due diligence, I asked them for documentation a...
Michael Johnson
Seeking Open Minded Skeptics
Ladies and gentlemen, I believe I have stumbled across an awesome strategy. Its not magic, its not a miracle. But it seems like an incredible short medium and long term play.
Before I begin there are a lot of very sp...
Barron Peper
Tax Advice: Non-Residency LLC + Real Estate Investments
Hi BP Community!I'm a full time architect living and working (as an employee) in Seattle, but am needing to start an LLC for some architectural side-work I'll be doing in Texas. In addition, I'm kicking off my real es...
Dan Madden
Covenant Deed from Fannie Mae?
I just received the title work for a cottage I'm purchasing owned by Fannie Mae. The cottage is located in Northern Michigan. The Schedule B-1 requirements include this clause:7. Covenant Deed from recited owner to...
Account Closed
How to leverage my network to jump start REI career?
Hello everyone,I am in search of a strategy that will allow me to use my current network of professionals who are directly related to RE investing. I work for a mortgage firm as an insurance analyst reviewing the cove...
Hamp Lee III
Brokerages with PM and Sales Agents
Do you know of any brokerages that allow agents to serve as both agents and PMs?I haven’t seen this in my searches, but wanted to ask. Thanks.
James Sinclair
Flooded property
The post on flood insurance reminded me of a deal I passed on last week. I was looking for a property to rehab and was contacted by a (investment realty firm) that markets property they find to investors. They ha...
Brian Bradley
California Investors Prepare to Pay, UNLESS …
The cold hard truth is that if you are a CA resident and invest in real estate and own or plan to own multiple investment properties, and you set up an LLC to hold that asset, ANY state that you own property in and an...
Garrett Tucker
Can my landlord tow my wrecked car from my driveway? (Missouri)
I recently got into an accident with a driver that has no insurance, and I only have liability coverage. I am waiting on my paycheck to be able to fix the vehicle on my own, but for right now it is sitting in my drive...
Jesenia Matias
Hiring the right team
Hi BP Fam,
I am hoping to better acclimate myself with Construction processes when acquiring a new team for home rehab projects. I hope some established firms can help me better navigate my processes. If you are an e...