Vasundhara Ranjani
Class A vs Class B vs Class C Properties - Pros & Cons
As the title suggests, what are the pros and cons of investing Class A vs. B vs. C properties?I understand that A properties might be less 'headache' due to better tenants but if it's all about the cash-flow, wouldn't...
Tim Wilkinson
Income verification
Hi all,I have a prospective tenant (a couple) that are both self-employed. Both parties (unmarried) gave me a copy of their experian report: 738 and 698, which is a good enough score, but I didn't pull the reports. Ho...
Diana Dorantes
‘What’s in your garage’?
My husband and I recently met a couple who were rehabbing a rental and noticed that they were driving a very nice luxurious SUV, now we learned they have had rentals for 40 years and were ready to begin to sell off s...
Account Closed
Have investor pay into LLC or directly company directly?
Hi everyone, I basically have a friend paying for an investment property which we will flip and then share the profit. My question is - do i have him pay into the LLC and then pay the title company from the LLC? Or ...
Jerrad Shepherd
Realtor gave personal info out
We recently listed our RV park for sale in North Platte Nebraska. Our realtor wanted 3 years worth of tax returns emailed to him so he could share with interested parties upon request. He stressed that our social se...
Eric Veronica
House Hacking 2-4 Units in Chicago using HomePossible Mortgage
Freddie Mac’s website explains the Homepossible mortgage as “A responsible, low down payment mortgage option for first-time homebuyers and low- and moderate income borrowers”. What Freddie fails to explain is how gr...
Fiena Mohamed
Rental rates not catching up with appreciation/property taxes
Hello! I have a SFR just off Mopac in North Austin. It is rented out and managed by a property management company since I live out-of-state. Purchased in 2014, the property has appreciated by 25%, so the property t...
Edward Beard
Wholesaling REO & Using Transactional Funding
I placed an offer (through a Realtor) on a REO today. The proof of funds letter I had was from a Transactional Funding lender. The realtor was confused on how to write up the offer because I was using Transactional Fu...
Kelton Johnson
Found a Deal...Lacking the Capital to Execute.
Hi guys, I'm an new investor here in North Dallas and I've recently been looking for duplexes to buy and possibly house hack with or simply buy & hold. The opportunities have been rather sparse, however, I recen...
Terry Portier
Liability Insurance
As part of a study a colleague from this site and I are doing on LLC’s vs. Sole Propriety legalities here: http://www.biggerpockets.com/forums/52/topics/75182
I am wondering if anyone can recommend liability insuranc...