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Hello everyone,I’m considering moving to Charlotte this spring to house hack a SFR for a year or two, then rent it out as a unit. I’m hoping to utilize the Bank of America down payment grants which give a significant...
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Hi BP Community, I'm a full time investor based in Charlotte with a MONSTER rehab out of town in downtown Asheville. For those that know the area, Asheville can be host to some drifters and unwanted guests that i woul...
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I thought I would share some new concepts I learned.
LLC as a Contractual Arrangement
So numerous cases have cited LLCs as "creatures of contract." One case described that contract as occurring between the members...
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I have a guy (with 4 yr son) whose background checks indicates 700+ credit score, stable federal job (3X salary vs rent) for last 8 years, good references from past 2 landlords BUT had chapter 7 bankruptcy that was di...
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Hi everyone -
Does anyone have any recommendations for locks for an out of state investor? Are there any devices that I can control from a few hundred miles away from my rentals? Control meaning changing codes for ne...
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Hi Everyone, I wanted to share some creative strategies that have allowed me to increase the NOI on our first multi-family property by an amazing 105% in only 5 months of ownership using some creative strategies I lea...
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Using the 50% rule as an example, on a house that rents for $850.So $425 goes to expenses/vacancy. Is it best to deposit this portion in a separate bank account? So for those that have multiple properties, are you usi...
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We have an applicant trying to complete an application for one of our rentals, but they do not have a social security number or a driver's license number- which are required fields for our background and credit check....
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Hello,I am in need of some direction. I am a tax lien investor and recently a judge entered foreclosing rights of redemption in my favor, so i'm getting ready to settle all the arrears so that i may gain access to the...
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Hi all, I have a question and didnt know where else to post this. I have a note from my business partner buying out my share. The note is secured with a first lien against the business, however no property. The sale w...