Robert Nunez
To File or Not to File, That is the Question
In the past 20 years it has become very evident to me that investors in their early careers handle evictions very differently then seasoned rental income investors.
A seasoned rental income investor in most c...
Alex Johnson
LLC Name sufficient for close?
Need to close escrow on a transaction on Monday, October 13. It happened fast. And I need a new LLC to take title with. If I reserve a name officially, can I use that even if the rest of the process is not finished?Pl...
Randee Erickson
Blue Gate Capital - are they legitimate?
I’ve been getting texts from Blue Gate Capital and was wondering if anyone has had any dealings with them. Are they legit?
Rob K.
Tenant prospect who filed bankruptcy - not yet discharged
I had a call today from someone who filed bankruptcy and is making payments on it. It won't be discharged until later this year. Based on our phone conversation, they had a bunch of past financial problems and their c...
Michelle Au
Depreciation Expense Impact on Tax for Rental Property
My husband and I are deciding whether to sell our primary residence that have been rented out for 2 years or keep it as a rental unit. If we sell the unit now, it is still considered a primary residence (lived there f...
Ryan Magnano
Where is the best place to get a lease written?
Hi, everyone. I've been using a lease I found and modified since I got started. However, it is a pdf file, and is a huge pain to edit. It also looks kind of hacked up after adding in everything extra that I wanted to ...
Raina Wells
Does CrowdFunding = Bait and Switch
Hello,I am typing this post with sad hands as I tried a crowdfunding site for my deals. I am not going to name the site right now as I am giving them a final attempt to clean up their mess and yes it is a mess and t...
Bob Malecki
Borrower BK 7 Discharged but not closed?
I just purchased a 1st position NPL on a home in Oklahoma and found out from FCI's bankruptcy specialist that the borrower had a Chapter 7 bankruptcy in 2009 which was discharged in 2012 but not yet closed. This was n...
Morgan Gutierrez
legal timeline for updating investors
Is there a legal timeline to update current investors about a significant change in the investment?What are the legal requirements for updating the investment information/pitch deck for new investors?I am no longer wo...
J Scott
SFH Rental Analysis (Spreadsheet)
As another test of the new BP file vault, and to give back to the BP community, attached is the spreadsheet I use to evaluate single family house rentals.
In general, the red colored fields are th...