Nan Li
Realtor/Investor/Architect from DFW
Hello!I am an Architect and Realtor registered in Texas. I have been living in DFW area since 2004. I am very excited to know about the platform of BP and want to be connected! I did a few flips and rentals myself. I ...
Matthew Johnathan Newton
Rental mortgage question
I’ve been looking into purchasing my first property so I started an LLC to help protect my personal assets from potential lawsuits. I was going to purchase it through the LLC. The banks have said the mortgage needs to...
Ryan O'Malley
Next Steps after getting 1st Duplex Under Contract
Hi BP crew,
I am closing on my first investment duplex in Rochester, NY at the beginning of October (super exciting!) and want to make sure that I am keeping the ball rolling in terms of investing. I financed through...
Tianyun Zhang
How do you convince your that SO buying rentals is not gambling
Hi BP,I don't know if anyone has had the same issue. I think I have got enough knowledge and capital to buy my first SFH or duplex rental property, but my wife thinks buying rental properties is gambling. She doesn't ...
Sarah Jones
Asset Protection
I own two houses, one is rental and one I live in. I hit a girl on a bike 6 months ago. She got a lawyer and the lawyer at first wrote a letter to my insurance company saying they will accept the policy limit, but ...
Satha Palani
Change ownership structure and financing - multifamily
My wife and I own a 3 family in Newark NJ that we bought using an FHA loan (3.5% down) 3 years ago. We currently live in one unit and rent the other units out. I have a loan balance of approximately $410K and pay $270...
Mike Fuller
New member from Chattanooga, TN
Hey all,I am new to posting on bigger pockets but am an avid reader of the forums on here. A little about myself. I am in the Chattanooga area and looking to get into the rental house business. My backgrounds are i...
Steve Davis
Do I need to set up a new corporation for each rental property?
Hello Bigger Pockets, I buy, build, and sell houses through my current corporation that we will call ‘buy&flipincorporated’. ‘Buy&flipincorporated’ only performs flips and owns zero rental properties. I am cl...
Albert L.
good credit, low DTI, still getting declined for personal loans
Hey folks, We closed on our first property 30 days ago using a conventional, 25% down 30 yr loan from a local bank and have been applying to get a personal loan to potential BRRRR or flip on another property with no s...
Nicolas Vinot
Is appfolio for landlords with 200+ units?
Hi everyone,
I have 18 units managed by my property manager (at 7% commission rate).
Just heard about appfolio in podcast 36...I checked the website, the web-based tool seems very robust. Pricing: $1 per unit per mo...