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Hi! I recently went to a RE conference and there was a company there called Platinum Trust Group (platinumtrustgroup. com) that told us about proprietary irrevocable spendthrift trust. Basically, they're saying that ...
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Hi y'all. I'm about to leave my W2 position and basically be a full time professional real estate investor. I am super sold on the benefits of rolling over my 401k into a Solo 401k and then buying rentals with it.
My...
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Hi BP experienced Landlords - What are your typical income requirements from tenants? I historically have required a tenant's gross income to be at least 3 times the monthly rent, but I'd like to know if there is any...
I was told by a CPA and a Real Estate attorney not to put my properties into a Wyoming or Nevada LLC for privacy because if some attorney wants to find out who owns it or to know its members it’s not hard to do so.Any...
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So I've been using this property management firm for a few years now and we had our first real "tenant damage" between tenants (I guess this timeframe is considered turning, not flipping, but if you have a better term...
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Financed my first STR to get 90% loan, so property is in my name (not owned by LLC).Any benefits to leasing personally held vacation home to my own LLC, to help keep business expenses separate from personal & long...
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Hello BP community,
I wanted to share a "not so great" experience with you and see how you would handle it. I am a newer investor and purchased my second unit at foreclosure over 18 months ago. Without going into gre...
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<Warning-- Longish Post Ahead>I'm thrilled by the challenges and new learning that real estate investing has brought to my life. It's truly fulfilling on many levels. However, the most consistently terrible aspe...
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Has anyone else run into issues with over occupancy in GR? I have a 6-bed, 2-bath SFH that I rent to college students. I used to rent to 6 but two years ago was hit with a zoning violation."Did allow more than four (4...
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Hi BP,I have a wealthy family member in the construction business and I am considering talking to him about possibly being my private money lender.I am looking for advice on how to pitch the idea to him.