Tammy Skeath
tenant application with BAD credit- but good everything else
Hello BP family, I have a unit that has had several applicants but all have shown red flags. The last application has everything going for it except their credit score is bad (430). She recently went through a bad div...
Tee H.
Steps to take If i want to rent my home out
Hi, I have an FHA loan on our primary residence, and we have lived in the home for more than a year. We are moving and I want to rent our home out.What are things I NEED to make sure are completed before renting my ho...
Maryann L.
Is there a law homeowner can't trash house?
So, I have a new one I haven't run into. A homeowner is getting more and more angry as his auction date approaches and we have no answer from the lender on if they will consider short sale.
He told me he would tra...
Nate Davis
Starting out, and curious about protecting my assets
Hello,My wife and I are currently looking into real estate investing to create passive income. We are looking at long-term rentals of multi-family homes. We plan on using the FHA loan for the first purchase in order t...
Tae Ross
LLC before first deal?
Hey BP, I'm prepping to make my first offer but I have a habit of wanting to check every detail which brings up a lot of questions. Should I have an LLC in place before closing my first deal? Thanks for the help!
Sol Dubnov
Do not deal with this bank
Why would a company that has "no appetite" for investment drag potential customers through application and appraisal expenses while not intending to invest? Here is a story of a community bank in California (I'll post...
Travis Raila
Spreadsheet comparing out of state REI markets?
Hey all, I'm a San Francisco-based investor and starting to think about my first out of state investment deal. I'm hoping to do a buy and hold investment more focused on cash flow.However, I'm struggling to pick a REI...
Brandon M.
Single LLC per property or Single LLC for a group of properties?
I understand the basic protections afforded by the LLC, using a separate LLC for each property in theory provides the best legal protection against other assets. However, having separate LLC for each property seems li...
Mohsin Mazhar
CPA Cost $1200
Hello Everyone,I am looking to get some idea about CPA expenses.I recently switched to a new CPA. They charged me $1200 to file my taxes.I am married with W2 income and 2 rental properties. What are your thoughts abou...
Aaron Norris
Blog World Expo LA - November 2011
Just curious to know if anyone from the LA area plans on being at Blog World Expo next week in support of Josh. There seems to be lots of great speakers and info as well. It would be fun to pick a part of the room whe...