Thergam Alshara
Group of 4 wondering the most creative way to finance house flip
Hey guys,I am new to investing and was wondering what was the best option in terms of financing a home. Considering I'm jumping into the investment with three others, we were considering starting up an LLC and taking ...
Misael Herrera Granados
Renting an old House Hack by the Room
Hello all,
I have vacated one of my properties and where I use to house hack. Since the other two rooms are currently rented by the room, I will be renting out the room I use to stay in to a different person and con...
Mel Hayes
Refinancing LLC challenges.
Hey BP, I'm buying my first property using my LLC and Im curious about pulling money out as a company vs an individual. If your portfolio consist of properties own as a LLC and you have refinanced one or more of them...
Eric McCarty
Leases for student rentals
Hello
I will be renting to four students this summer and they are asking me if I can have four separate leases. This way they are not liable for each others actions. I do not know how to respond to this or how to c...
Jeff Cliff
How should I make rental agreement?
Hello,I have three people interested in renting one of my properties in Northern California. Two of them are unmarried couple and the other person is their single friend.I am doing background and credit check for all ...
David Malaguti
Who pays the deductible on a master insurance claim?
A little background, I own and live in a unit in a 4 unit condo. About 6 years ago, I became the treasurer of the condo association, mostly because nobody else wanted to do it. The previous treasurer knew almost not...
Eli Kallison
Note Funds for Unaccredited Investors
Hey BP,I've read that these exist, but have not been able to connect with any note fund managers that will accept unaccredited investorsCan anyone point me in the right direction? Any information would be much appreci...
Ibrahim Hughes
What Personal Responsibilities Do Legal Reps (i.e. Executors/Administrators) of an Estate Have?
I have the question out to my attorney but figured I'd see if I can get a general preview of his answer here. I'm curious about the following:
Can creditors keep contacting/harassing the Rep about debts owed by the ...
Mike Jones
EIN# for Property LLC under a Holding LLC
When you have a Property LLC owned by a single member Holding LLC, how do you obtain an EIN# for it? Do you apply for the EIN# using your SSN as the member and owner of the Holding LLC or you obtain it by using the H...
Stacy Morris
Using 401k money to invest
I've seen a number of times that people are taking money out of their retirement plans to invest in RE. They also say there is no penalty for doing this under the CARES Act due to COVID. Is this true in all states or ...