Harrison Sharp
First Deal Sanity Check
Hello BP, I'm thinking about pulling the trigger on my first real estate purchase but want to have a second or third set of eyes to make sure I'm not missing anything big. I'm currently 25, living with my parents rent...
Matthew Fragassi
Rental property with a pool
I found what seems to a great deal for a potential rental property here in my home town. The only thing is that the house as an in-ground pool in the yard.
If anyone could give me some advice on the advantages and d...
Douglas B.
Tenant renters insurance: can I file a claim for damages if tenant does damage?
If a tenant does damage to my unit but can't or won't pay for the repairs, can I document the damage and file a claim against his renters insurance?
Mary Joe
Renter's Insurance - how do you phrase that in the lease?
Does anyone have the language you use in the lease for Renter's Insurance?
I am about to renew the lease with my tenant but it gets very costly having to spend another $250 for my attorney just to add a simple parag...
CJ M.
Why not take secured EIDL?
I've been approved for a pretty sizable secured loan. I read the terms, spoke with seasoned investors, and spoke with SBA. Unless I'm missing something, it seems that taking this loan is a no brainer. What am I missin...
Jaran Ramsey
Lender advised he cant close under an LLC
I have a property up under contract In Cleveland, OhIo and my lender advised that he can’t close under the LLC and I probably would need a commercial loan? Is that true? Are commercial loans better than conventional l...
Josh Jackson
Financing Properties in an LLC
Hi BP community,
I was hoping for guidance on financing a single-family property through an LLC. I am curious about how this can be accomplished and the terms of the loan (I understand I don't need an LLC but I know ...
Brett Chien
What is the best way to shield assets from foreclosure?
I'm looking to start REI with a partner and was wondering what is the best way to shield assets from potential foreclosures? Are LLC's still the best way to go? I know that it's difficult to get a bank loan if it's a ...
Kyle Fitzpatrick
House Hacking using FHA loans
I want to house hack a quadplex preferably using an FHA 3% down residential loan . However, this would leave me personally liable for lawsuits without using an LLC (which I have). What is the best strategy in this sit...
Brett Milde
4x4 required in winter STR??
Hey all! Anyone have experience with a STR cabin in the Smokies that requires 4 wheel or all wheel drive to get to in the winter time? Close to pulling the trigger on purchasing one that is great otherwise, but I’m co...