Ben Capone
Setting Up a Property Management Company
Thinking about setting up a property management company to use for my rentals to show the income as part of the management company rather than personal finances. I am sure this is a common strategy because I have hear...
Phyllis E.
Can we get financing for flip if most of our income is from mutual funds?
Hello. This is my first post to any of this website's forums. My husband and I are seriously considering buying a house to rehab and flip as a start to a real estate investment business. (Love the helpful podcasts he...
Michael Ash
Residential Lease Agreement
All: I am under contract on my first rental home and have begun the process of reviewing lease agreements. I heard on a BP podcast that Landlord's tend to favor a Rent Due Date Extension. The provision may allow the T...
Adam Macy
Commercial building purchase - do you get an inspection?
I am purchasing a unique property that is a mixed-use commercial and multifamily. This is my first deal in the commercial/mixed-use space. I come from the residential investment where I always get inspections on the ...
Colin McVeigh
County Records indicate property zoned for more BRs than listing
Hi all!First off want to thank the community for what a great resource it is. Still looking for my first property have had a couple of offers turned down but feel it getting close now.Anyway - I have a bit of a uniqu...
Brett McManus
Missing Something with 203K Loan?
Hi BP!Having just closed on my first Duplex, I am beginning to start down the track of how I want to tackle deal #2. This first property was purchased with an FHA loan and I am owner occupying one side with the other ...
Nathan Duffield
First time land lord
I have my first rental property and taking applications. What are some good requirements as far as credit score, And are previous evictions an automatic disqualifier, or do you have a statue of limitations on that, 5 ...
Elaine Chen
Tax Q: How to file when parent holding LLC is in different state
Hi, newbie here! My partners and I formed a parent company in WY and a subsidiary llc in Ohio to purchase a real estate investment property (where we purchased property in 2021). All we had in 2020 tax yr was fees to ...
Jeremy Porter
How to get cash out of a property you bought 3 months ago for cash.
I have a condo I recently acquired that I own outright. I am wanting to pull cash out of it. My issue I am running into is I recently switched into real estate full time so I do not have a w2. My credit is good/excel...
Gary Surigao
Funding deals via business credit
There is a lot of info out regarding obtaining business credit to fund your business. We're already familiar with the process, as we already have over 100k of business credit for our LLC. We're also familiar with some...