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Results (629)
Vee Vu Do I need a Website, and S-corp or LLC to start buying houses???
8 February 2017 | 63 replies

Hi everyone, I'm a newbie in real estate investment. I'm learning a few courses about flipping houses now. My goal is to get my first deal in the next 5 months. I feel overwhelmed because there are so many things need...

Brandon Handel Is it stupid to have my name in my LLC?
6 August 2018 | 36 replies

My original idea was to have my Last name in the business name for the entity that would be managing my properties. The properties themselves would be in separate LLCs. My question is if this is a stupid idea. Others ...

Mary Jay How one person can create a double member LLC?
10 March 2019 | 34 replies

Hi guys,Could you please help me out?Everybody keeps saying how if a husband and a wife own an LLC it  is still  considered as one member LLC. Also, its easy to pierce the corporate veil of one member LLC, and courts ...

Sacha LaCoss Help tenant caused fire now wants out of lease?
11 December 2019 | 33 replies

Home located in Albuquerque current lease through May 2020Tenants dog caused a fire by dragging a pillow over a gas floor heater Gas meter was pulled as the fire melted the safety cut off valve to the gas heater where...

Doug Smith Why, Oh Why, Is the Fed's Inflation Target 2% (a rant)
21 April 2024 | 12 replies

I would love to get a discussion going over this topic to see what other "in the know" armchair economists think. This chart shows mortgage interest rates over the past 30 days. Rates are directly tied to the 10-Year ...

Luka Milicevic Would you take a tenant with a prior eviction
26 February 2019 | 56 replies

Had a tenant apply. Qualified on income and checks every box. Filled out all forms properly, and communicates very well. Has an eviction on record 6.5 years ago. If they applied 6 mo from now it would have not even sh...

Paul Spangler Can someone confirm the 85% gross rent rule for FHA loans?
16 July 2016 | 19 replies

I was told by my mortgage broker that in order for a property to qualify for an FHA loan, 85% of the gross market rent for all units in a 2/3/4-plex must be more than the PITI, otherwise they won't approve the loan. ...

Ben Leybovich What is Bad Debt?
6 February 2015 | 50 replies

There's been a lot of discussion on the forums as it relates to differentiating bad debt from good.  The most common view on BP is that any debt which does not produce investment returns is bad debt.I, for the most pa...

Edward Toomey V 5 months using RentRedi and I HATE it
19 January 2025 | 55 replies

I switched from Quickbooks to RentRedi 5 months ago because the payment processing fee cost me $400 a month with Quickbooks. RentRedi claims to be a system built by landlords for landlords and I have to disagree. The ...