Eric Kang
How do you open a bank account here in US for foreigners?
Hello,Do you know of any banks that will open bank accounts for foreigners that live outside of US? It seems like the banks require the person to physically come in to sign forms/docs. Even with a power of attorney, ...
Rob Krin
The RIght Structure - am I getting ahead of myself?
Hi BP CommunityRob from Central NJ here.So I'm wondering if this question is a bit pre-mature considering I haven't bought my first proper investment property yet. I own 1 rental in a 55+ but it is occupied by my wif...
Erjon Hoxha
Canadian friends, partnering up and investing in the US
Hello BP,I feel that I am at the information overload stage from all the amazing stuff I've discovered on this site. I have made notes as I read through the forum posts but have yet to consolidate them.As it stands, I...
Kevin Lefeuvre
Corporate or other furnished housing, short or mid term rentals
Hey everyone,I am trying to reduce my dependence on vrbo/airbnb, by using furnished housing sites in addition to the "vacation rentals" platforms.I see corporatehousingbyowner.com ($230 to give it a try), sublet.com (...
Adebowale Asaya
Converting FHA to an LLC
Hi - I purchased a multi family with an FHA. I lived in the unit for over a year, and am looking to move and rent out the unit, and finally convert the building under an LLC. My mortgage company doesn't allow this. An...
John Hyre
Criminal Offense for Not Registering LLC in Cleveland, OH
Ordinance in Cleveland makes it a first degree misdemeanor to buy property in an LLC without registering the LLC to do business in Ohio. Know of an LLC that just got convicted on two counts. $500 fine for each count...
Caleb Heimsoth
fair price for a CPA?
I got a quote for a CPA of 675 to file my tax returns, and this also includes any different tax strategies they would run before formally filing the return, as well as dealing with the IRS in case I ever got audited. ...
Jen Faulkner
Furnished Corporate Apartment/Housing Questions
For those of you who own corporate rentals, I have a couple of questions. I don't yet have a furnished apartment, but I'll be doing it the next time someone moves out of one of our rentals. I have a pretty detailed ...
Chuck M.
Income Taxes for Investors (Northern Ontario, Canada)
Hoping for some of the more experienced REI's could provide some guidance.
My wife and got into investing almost by accident. Her parents needed housing and we wanted to control & subsidize their cost of living t...
Liz Collins
Rate my house hacking deals
Looking to purchase my first houston REI property. The building is in the near Northside community of Houston. It is a new build in a gated community with no HOA. I would be coming out of pocket <5k and the first y...