I'm considering signing up for a membership with the Landlord Credit Bureau to set up a new system for tenant screening and credit reporting their rent payments. Anyone else a member? They say on their site that the...
Hi everyone, I live in Pa, and I was wondering about starting up an LLC. So I’ve read I have to start an LLC in Pa because it’s where I reside, but I could create an LLC in a state, let’s use Wyoming for instance, tha...
If anyone who is newer to note investing needs a refresher course on what caused most of the NPLs we buy to be available, read The Big Short or go see the movie. Fascinating how corrupted Wall St. brokers and rating a...
There is a property that the owner owes 133K, and wants 191K. ARV is 238K. I want to get this house under a 1st lien HELOC. I wanted to use hard money to get the property quickly, and then get the HELOC to secure the ...
So, let’s say I am considering the topic and idea of the prioritization of paying off loans.To me, it only makes sense to consider the principle of the question for the initial prioritized list. I believe that conside...
My wife and I are seeking out our first investment property, with the goal of acquiring a portfolio of cash flowing rentals for passive income. We purchased our current home (SFH) with an FHA in 2010, before we ha...
Hello BP Friends! I'm ready to look at starting an LLC for my properties, but I've heard mixed advice about their necessity and benefits. I would be starting the LLC as a disregarded entity and reporting my profit/los...
One of the best examples I found this year as to why you need a property manager (especially in Colorado). This client chose not to use our services and instead, tried to self-manage their primary. This was the very f...
I'm the primary insured, but my PM wants to be included on Liability policy. Has anyone heard of this?My insurer refused to accommodate the request saying they've had problems with PMs named in their policies, althou...