Robin Hines
WARNING: Matt Motil of Cleveland, OH
TL;DR Matt Motil is a fraud. Do not invest with him.
Warning, this is a long post. My purpose here is to save some of you from the experience I now find myself in after providing a short-term loan to Matt Motil of C...
John Thedford
25K Note For Sale: What Would A Typical Offer Be
Hello all:
I have a man holding a note he wishes to sell. It has a face value of 25K at 6% for five years. The payments are about $480 per month and they have made six payments. Note holder wants 21K for the note...
Gabriel Jeroh
How would you structure this Subject To deal in Houston, Tx?
I have this Subject to off market deal in Houston, tx: Seller's Motivation: Needs to move to smaller house close to work place.ARV: $185,000Repair: $5,000pending Mortgage: $135,000Seller currently lives in property an...
Zain B.
Section 8 Tenant Not Willing to Leave Past Termination of Lease
Hello BP Community, I wanted to start by thanking all of the members of the BP family for helping me so much and answering all of my annoying questions. I have another classic tenant issue that I need guidance on. Bri...
Chi Cheung
LLCs?
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
Derrick Gordon
SHOULD I CREATE AN LLC OR CORP?
I see most people have an llc - is there a significant reason why?
Tyson Begly
Title insurance for Alabama tax deed. Already have quiet title.
I acquired the tax certificate in 2017, and acquired the tax deed in 2020. The quiet title was completed January 2021 but Fidelity National Title will not provide insurance until I've have the tax deed for 3 years. An...
Rosy Bruno
Bookkeeping for a newbie - what do I do??
Hi everyone,When first starting out, what did you do to keep track of your expenses, revenues, receipts, quotes, numbers, numbers, money, money, etc...? What software or programs helped you the best? Also, what were s...
Molly Morlino
Our First Rentals! (pictures!)
My husband and I dreamed of these for the last 18 months... We pushed, paid things off and saved money... Did much of the work ourselves, and here we are! Landlords! (well, we are taking applications this week) The...
Rudy Hernandez
Do you invest in IRA and/or 401k any more?
Hi BP members
Hope all is well.
I am curious to gather collective thoughts and opinions on IRA and 401k investing. Some people believe they should continue due to company matching as well as invest in IRA for tax s...