Richard D.
Are investment clubs required to file with SEC?
I have been extended an opportunity to join an investment group. The questions that I have concern the legality of investment groups, filing with the SEC. They are asking for an annual membership fee, plus an initial ...
Nic DeLeon
Wholesalers looking for assistance?
Hi everyone,I'm in the Woodbridge area and am just getting started in wholesaling real estate. I've been attending some local meetups but, wanted to reach out on BP. I'm looking to work with other local wholesalers or...
Sunny C.
W-9 forms from Tenants
We missed getting our tenants filled up W-9 forms during the rental application in NJ. Now we need them for getting a Landlord tenant account.
What are the consequences if Tenants do not fill the form? How this will ...
Robert J.
How would you structure this?
Hi guys!So i've been actively prospecting while trying to find wholesale/ flips and I found a seller today who owns a duplex he said he's trying to eventually wash his hands of. He mentioned that he's concerned about ...
Ian Kurela
Graduation Advice, Banking or RE?
Hi everyone,As college graduation approaches, it becomes more evident that I must choose a path for my career. I will be graduating with a double major in Finance and Economics and am interested in banking and financi...
Paul Whitehurst
Just got my first multi family property! Now….?
Hi, I just got an accepted offer on my first property (4plex) in Anderson, IN. Going in, I have a HELOC that I can draw about 60k from my primary and then 25k in cash. This first property will require about 35k of t...
James Morrissey
Tenant Screen Advice
Hey fellow BPers, what is your approach to screening tenants? What are the most important aspects to a tenant's application to you? Attached I have a tenant screening document I wrote out based on episode 6 of Real Es...
Joshua Dorkin
Credit Line Cut? Credit Card Closed? Tell Us About it.
Two weeks ago I was informed that my Chase credit card, a card I've had for around 15 years, was closed. I was told that I don't use the card enough and that I was "costing Chase money." I'm sure my FICO will be neg...
Ashan D
1/3 Of My Income To Taxes If I Don't Do Something!
Guys,
I have been thinking about taxes lately and have come to realize that they will hit me very hard if I do not proactively find a solution. I trade the markets with with few expenses to deduct and will be in the ...
Darrell B.
How much has your cashflow increased over time?
I'm curious as to how cashflow has increased from time of owning a property. Let's say after the 5 year mark or 10 year mark. I know rental percentages increase differently for different markets and there's a national...