Anthony Shui
Bought my first house / primary residence. Advice for managing househack expenses?
Hey folks! New here, just bought a 4 bed 2 bath as my primary residence that I'm currently remodeling into a 5 bed 3 bath before having some tenants moving in with me.Current thoughts:1. Black Friday / Cyber Monday de...
Gregory Schwartz
DTI: How do different loans effect the debt side of DTI
I have different loans and I want to know how they will affect my DTI
1. Seller Financed: I don't see any verbiage in the loan document that made me think this is personally guaranteed. Do the taxes and insurance on...
Emanuel Ohunwu
Investing security deposits in the stock market.
Has anyone ever considered placing security deposits in the stock market? I'm talking about dividend paying stocks such as Google, Apple or Microsoft. It's an idea I've been playing with. My rental property is in Fort...
Will Lenz
First flip goes great!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $215,000
Cash invested: $50,000
Sale price: $349,999
My wife and I purchased the home from a friend whose demen...
Tom V.
Advice on refi - do it or not? May be complicated....
Hi guys. Need a bit of advice here.I have a multi-family building as an investment property here in CT. It is held under an LLC.Property value 190k (for 2 lots next to each other - 1 for the house, the other is an app...
Travis Zurawski
Foreclosure Buy, Rehab to Refinance? What I have Learned
Episode 1: Foreclosure BuyWhat do tons of people do after reading Rich Dad Poor Dad. They start looking into real estate, trying to find an income producing asset to increase their wealth. So after reading and going t...
Dave Ketcham
Property Management Agreement language
I would appreciate some BP wisdom on this. We just bought our first property in Missouri and the PM agreement includes the following two sections that are troubling -- we haven't seen this language before. It se...
Chris Mullinax
Is an LLC the best option?
In the majority of possible investment scenarios, an LLC is the best option for rental property owners. How many of you transferred your properties to an LLC? 🤔
Tim Macy
LLCs and Partnership questions!
I'm planning on reaching out to some different people to form partnerships on SFRs.They would put the money up and we would split income and equity. I plan on setting up an LLC with each partner (planning on having m...
Michael Giuffre
Buying rental property with my father - How to structure?
I'm in the process of buying the first of, hopefully, many rental properties and am financing it as a joint mortgage applicant with my father. As I understand, we can not apply for a mortgage in an LLC's name and aft...