Steve Burrell
Higher Risk Tenants?
First post guys! My question has to do with higher risk renters. I recently purchased and improved a property, and listed it for rent. The response has been very good, with several interested renters. The problem ...
Theresa Nguyen
Forming a series LLC in Texas
Who would you recommend as a real estate attorney to form a series LLC in Texas? I heard Texas has very good laws.Also, all attorneys would say I must name the LLC myself, they cannot name it for me. What are some t...
Dave Versch
50% Rule clarification?
Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...
Daniel Tisdale
BHG Financial Review
Hi,I have received an offer from BHG Financial for a loan of $155K with around a 15% interest rate to be paid back over 10 years. This would not be reported to my personal credit and I am looking at using the funds to...
Scott Ball
What state to invest? All cash, no loan
We are property investors from Australia - we can't qualify for a loan since we have no credit history, so the 1st property will be all cash.
We are just after a hassle free, 'no-brainer' rental to get us started w...
Sanjay Bhagat
Track record of Syndicate
1) Is there a syndicate/s in BP which has gone through all the 4 real estate life cycle (recovery, expansion, hyper-supply, and recession) ?
2) What is their track record of delivering what they promise to deliver i...
Ria Lamb
Putting a 1031 exchange property into an LLC (3 years later)
Three years ago, my husband and I did a 1031 tax exchange for a rental property. The property is still a rental property and will continue to be, at least for the forseeable future, but I would like to put the propert...
Cliff T.
Help with tricky tenant situation
Hi all,
I'm hoping to get some help with a tricky tenant situation. I have a property that is currently leased to 4 tenants, all of them signed ONE lease together. That lease is set to end on 9/30.Last month, I start...
Eric Dupuis
New Investor looking in Denver
Hello all, new investor here looking to get in the game. I bought a house in Arvada three years ago which I now rent. I cash flow $650 on it with my current loan. I just had the house appraised for $495K and I owe $33...
Ingrid Nagy
Are banks all just waiting??
I'm waiting on an answer on an REO offer for 6 days now. Supposedly I'll know tomorrow. I'm just wondering if these banks are all just waiting to see what Congress is planning or if things are business as usual on e...