BP Fam,So recently i had some tenants who moved out a month before there lease ended and came give me no notice. I found out because the downstairs tenants of mine complained that they heard running water all througho...

Hi All,
I currently have 3 LLCs managing my properties, and those 3 LLCs roll up into a "holding entity" LLC, taking my LLCs to 4 in total.
I understand that I need 4 separate bank accounts to prevent co-mingling of...

We are new to REI, but recently received a 600k guidance line of credit through a bank here in Texas to purchase properties to in turn rent out. We have 2 so far, purchased 1 cash, and are currently working on a short...

I've always thought it 'bad' to negotiate deals via text message, I personally would rather talk the old fashioned way over the phone or better yet face to face. I’m currently trying to negotiate an owner finance dea...

Have you seen these websites? Anyone can create fake paystubs, tax forms, and more. How do you screen for things like this?

With all my rental units I always had my tenants leave the check in their mailbox and I would go and pick it up. With everything that is going on with COVID I'm trying to keep myself and my tenants safe. I just starte...

As a beginner, I successfully completed my first cash refi on a paid-off 2bed/1bath condo rental property in Cincinnati, OH. In other words, I get a lump sum cash in return for lower yearly cash flow on a rental prope...

Are there any lenders for small business owner? Im trying to buy my first home and looking for lender can pre approved by using the business incomes instead or personal income since I take small pay and put everything...

Hi BP.  I have run into a problem with a cash out refinance on a rental property.  The good part about the loan is that I got approved.  The bad part is that it was a conditional approval.  The condition was that a ch...

Trying to buy a short sale house. The seller has an attorney taking care of that process. After about 2 months the bank came back with a counter offer. We agreed to their counter + 5K more. Two days later they sent us...