Nicholas Jose
How do you calculate applicant's monthly income after expenses?
Good afternoon, BP.Let's say you want an applicant's monthly income to be at least 3X the monthly rent. A) If the applicant is an employee, would you just subtract the average expenses found on the bank statements fro...
Jay Hinrichs
latest identity theft and property scam and how to protect yourself
some good info here on protecting yourself from scammers especially all the folks on BP that own properties in different states you are a target. From the DRE of CA I got this advisory this morning.Law enforcement age...
Mercer Schuchardt
Turning a "live in flip" into a rental
Hey BP! First off, forgive me for the elementary nature of this question! I've been digging around and doing as much research as possible, but am still trying to find an answer to my specific situation. So, here goes!...
Scott Edwards
Agent/Wholesaler disclosure??
I'm new here and just starting out, and this question seems to have been touched on in previous posts already, but for the wholesalers out there who are also licensed agents, how do you handle disclosure about what yo...
Rohan D.
W2 and a General Partner in Syndication- Can I take my K1 loss to offset W2 Income?
Hi Folks,Need some clarification on this complex topic.There is a lot of discussion on these tax nuances in BP forums, so I am happy to read any particular thread you can point me to.Basically I have a W2 (above incom...
Layla Briggs
New Member From NSW Australia
HiyaI've been looking around the site and I like what I see. I have current investments in Sydney and Regional NSW. I have also invested in Atlanta using my superannuation via a private company share model (likeminded...
Ian Savage
Are there Realtor Ethics?
Has anyone ever encountered a situation where a realtor has turned down an offer because the EMD was not 5% minimum and then proceeds to insult me in writing with a text message? ( Nowhere in the listing did it say m...
Roy Mitle
getting renters in as soon as possible
HiI am in contract for my 1st property - a townhome. super excited. Thanks to BP members for giving me courage to make this step. Not closed but fingers crossed.Now, the question a) is there any good blog/post showing...
Ashish Brar
Due Diligence on 100 properties sold as a Package
Hello BP Folks,I am looking into a portfolio deal of 100 properties mostly SFH and a few duplexes. The seller is requesting due diligence requirements to submit with the offer.How do i do inspections on all the proper...
Mark Douglas
Documentation Required with Application
I'm thinking about what all I'd like to see come in with a rental app. Here's what I've got:- Copy of SS card and 1 alt. gov't issued ID (Driver's, passport, etc)- 4 weeks of paystubs, or most recent benefit letter s...