Honza Vosalik
Getting LLC for first investment? Getting mortgage?
I'm considering getting a first rental. I'm considering getting an LLC mostly to protect current personal assets. Would you suggest to get the LLC or not and why? Is it possible to get a mortgage for the LLC?
Roshan Srinivasan
Does AI have the potential to revamp property search?
I'm viewing this question from purely a data standpoint. The way we search for properties today is based on value, calculating cap rate, looking at AVMs and mortgage rates, etc. But what if you can also now search for...
Jerome Morelos
MTR Income Loan Qualification
Hello BP, what are the lender requirements for Mid-Term Rental income? I started my MTR in Sept 2023 and some lenders I've spoken to are saying different things such as 1 year tax returns, 2 years tax returns.. Can't ...
Pablo Vignolo
Cities with Below $50k Purchase Price for SFR
Hi all,I'm new to BP and I was reading up on some success stories that the BP community has had on flipping homes. I started to wonder what are some cities y'all invest in that you can purchase a property for below $5...
Ken Rishel
Chattel Lending on Manufactured Homes and SCRA
This is an excerpt from a client report:Many chattel lenders are under the impression that SCRA does not apply to them based on materials published by HUD in which HUD disclaims any authority over the chattel lending ...
Joseph Cornwell
Tenant Screening Reccomendations
Calling all landlords,I would love to get feedback on what other landlords are using for tenant screening services. Company or service referrals, cost, pros, cons? I will be renting both units in my first duplex in th...
Jj Yip
Can my tenant sue me with the following reasons? She moved out 6 months ago.
My ex-tenet who moved out *7 months ago* texted me today and demand for a partial refund of her total rental payment (80%) she made for 2 years within 30 days or she will get a lawyer and sue me. #1 She mentioned that...
Wiley Hood
Are DIY cost segregations a good idea?
Recently, I've decided to do a cost segregation study on a new $490K property that I purchased this year. I came across a firm (KBKG) that offers a $400 DIY cost study (paying for a membership). I enter the informat...
Mark Beekman
New to Sheriff Sales - a few questions
I attended a Sheriff Sale in Montgomery County, PA the other day just to observe. Things were slightly different than the neighboring Chester County, PA Sheriff Sale. I ran across a few things that didn't make sens...
Tony H.
Confused with LLC setup
Hi BP,I have done readings on LLC setup for rental properties. I am now confused as I kept seeing different ways people do things. I have consulted with 2 different CPAs before and they told me 2 different ways.We cur...