I've received an application from a tenant and I'm confused about the credit report. They have no credit used, no monthly payments, and no debt. They filed bankruptcy 5 years ago however their credit score is >700....
As I've started looking into multi-family properties, Ive come across a number of people who are trying to promote their approach to investing. One of these has been that there are some who are big fans of 1-4 unit pr...
Wife is retiring as a school teacher in May so we are looking for a few rentals to have projects to work on and make some income. Dave Ramsey fan for several years and debt free. Looking to use some of our leverage.
Hi All! I am looking for a seasoned CPA who can help me do cost segregation analysis for SFR's I own in OH and PA. I also need help with moving SFR's from personal Schedule E tax form into my LLC business tax. I live ...
Hey Guys, lets just say you had 85k to invest in some real estate. However, the going rate for a 2 family house in your markets is 500,000 (house rents gross for 4000/month) 3 or 4 family can easily climb to the 650...
Hello People!What phone system(s) do you use to manage your real estate business? I flip on average 20-25 properties a year in NJ and have a team of 5 people spread throughout the State. My objective is to move my bus...
I recently purchased a bank owned foreclosure, sight unseen, from an online auction and things got interesting from there.This property is around the corner from a duplex I own, and the numbers work great for either a...
To invest long term in an established community or to invest in a community that has all things necessary to keep its community viable? The first can't grow, its established. The latter maintains its community and...
Hello, I’m looking to raise capital for a downpayment on a multi family property. How would I structure this deal to have them make money on their money and I am able to run the property? Almost like how some of these...
I just want to say Hi to everyone on this forum and I am a big fan of biggerpockets podcast. I have a real life question, we just got a deal and wish to go with rent-to-own route. Is there anything that we should pay ...