Brian Eilering
After Countless Hours Listening/Reading - 1st BRRRR Home Bought
I'm posting in RE Success Stories but I really only have the first part done.Like many others around here, I had a hard time choosing what path of RE investing to go down. I ended up choosing the BRRRR strategy.My ne...
Blake Kirby
How to evict good tenant?
I just got a deal with seller financing and to make the payments I have to increase rents. With LA's ridiculous laws im not sure how to get the tenants to move out. Turns out 5 out of the 7 are related and they only p...
Rachelle Richardson
Advice for First Rental Property
Hello! We are looking at properties that already have tenants. I am wondering how that process works (lease, rules etc. that are already in place from previous owner). Do we write a new lease and have them sign? Do we...
Alicia Marks
QOTW: Do you buy your properties in an LLC?
Welcome to our question of the week!
We know there are lots of reasons to structure your business. With different goals and objectives it can be hard to decide what might be best. If you haven't seen our new polling ...
Steven Groshong
No Applications, Rental Property
Hi all,
I recently made the jump to being a landlord and I'm having some trouble getting off the ground with tenants.As of today, the house has been on the market for 43 days and I've reduced the rent from 2800 to 25...
Mario Cuartas
House ages to stay away from?
Hello everyone, I am a new real estate investor. I have $30k I would like to invest in multi family investments. I would like to purchase in Springfield, MO, since multi family is a lot more affordable and rents are m...
Jason L.
Indianapolis SFH Turnkey Analysis
Hello BP!
I'm currently evaluating a SFH 3/1.5 in Indianapolis. House is 1150 sqft. The home will be completely rehabbed (cabinets, bathrooms, flooring, roof, furnace, windows, etc.). Built in 1978. Zip 46221....
Fern Jard
Tax issues in Hard Money Lending
Hi Guys,
Brand new here, with a question:
Can hard money lending be considered a small business, where expenses can be deducted -- just like any other business? I thought this was a given until I started reading ab...
Jon Ful
Biggest Portfolio Lenders (Bridge & DSCR)
Hi Friends,This question is in regards to direct "Portfolio" lenders only. Not resellers of loans.Top 3 Largest Bridge (Fix n Flip) single family portfolio lenders?Top 3 Largest DSCR single family portfolio lenders?Gr...
David C.
Schedule C or Schedule E ? Pros - Cons
I have read sources/watched videos, etc. regarding reporting rental income on your Schedule C vs. Schedule E. Each source comments on why one may be better or the other. Frankly, it seems like depending upon the sou...