Joe Davis
Double Close Transactional Funding
Hey BP'ers,We have always used transactional funding for our "frontside" contracts ensuring we don't need to assign a contract or use the and/or assigns verbiage on the contract. We have always felt that it shows a st...
Michael Win
What account to open
Hi BP,Started picking up rentals late last year and have 1 Condo that is currently rented. I will be picking up another 12 rentals this month and likely a few more by years end. My condo currently is under Company ...
Mike Shemp
Can I put vacation home into LLC if we don't rent it out?
Hi BP Community,Just wanted to get some opinions on this question!My wife and I own a vacation home in New Hampshire. We currently do not rent it out, and we are interested in moving it to an LLC. I am aware of the ...
Kelvin Williams
Newbie Closing on 4plex
Hello All! I’m closing on my first rental property 4plex that I will be house hacking living in one of the units. For the rental income and to keep everything separate. The property will be in my personal name. Shoul...
Mike Dawson
Dissolve LLC or change name?
Hi all. I have a Wyoming LLC I created to buy a specific property. I ultimately did not close. I want to use this LLC but I do not want to keep the name. It will still be doing real estate activities. I have a D&am...
Account Closed
Renters insurance company denied claim
The property has a unfinished basement made of 100 year old concrete. In Vancouver WA you may know or suspect that we get a fair amount of rain. Well she left all the windows closed so the added moisture from the rain...
Lalit R.
Infinite Banking in Canada
I am researching the concept of Inifinite banking and how it can be setup in Canada. There are a few practitioners who can hep setup a High Cash Value Par Whole Life Insurance Policy with Dividends as the main engine....
Asare Nkansah
Should we acquire an LLC while House Hacking?
My wife and I are moving into our house that's south of Denver (Castle Rock) with the intention of househacking it. There's a mother-in-law's suite in the basement that can be accessed through a separate external entr...
Robert O'Brien
Newbie in Nashville looking for advice
Hi all,My wife and I have been wanting to get in to real estate for a while, and we're finally in the process of purchasing our second property! We're planning on moving in to this second property and renting out the ...
Christopher Penaflor
Term or Permanent Life Insurance?
If somebody purchases a home and wants to make sure the mortgage gets paid off if they died pre maturely, do you think permanent or term life insurance would be the better fit? Or both?