George Duchatelier
Information on LOAN+ REHAB (just looking for the process)
My partners and I already have 2 Buy and hold properties in OH. We are thinking about buying a triplex which needs a FULL REHAB. The cost of the property is 18k.As far as getting a loan to buy and rehab the property, ...
Michael DeCicco
New LLC for first STR property. How should it be set up?
I have 1 other post that explains my situation where I am the loan borrower and take on all the financial liability but am in business with 3 others who are on the home Title. 2 of the 3 others couldn't get approved f...
Ping W.
Should I take a potential tenant with credit score of 524?
Good Morning everyone,This potential tenant is a RN with a retired/disabled husband and her adult daughter, a single mom with Borderline Personality Disorder and her grandson. They have move than enough income to pay ...
DeMarrius Payne
Has anyone used Lencred? Multiple lines of credit
I spoke with someone from Lencred today and we discussed opening multiple lines of credit to start building business credit and to keep the entity separate from personal. He told me many investors use the services to ...
Trevor Lybbert
Where to put rent credit in contracts?
I've been advised to have 2 separate contracts for the lease and option to purchase. My question is, which contract would I include any rent credits? Or could you use an additional contract?
Vijaianand Thirunageswaram
LLC, TAX questions on Investing Partners
Howdy? I have situation where 2 friends are planning to purchase a property. Property is already under contract under both their name. When we are trying to get funding from lender, we were thinking about putting both...
Eric Lee
Rental application process
Hi everyone,I'm closing in on becoming a first time landlord! I was wondering what process others follow for processing tenant applications? If I plan to have an open house to allow multiple potential tenants to see...
Justin R Levy
Game Plan?
Gaining access to new credit, but credit is from foreign lender. So it won't help my credit score here. My question is two fold, how can I use the access to liquid funds from abroad to purchase property and build my c...
Elijah Williamson
How to run background and credit checks on potential tenants?
Hey guys, I'm now ready to start finding tenants for my first rental property. I just finished rereading Brandon Turners book on managing rental properties, this time with a highlighter and notepad, and I'm wondering ...
Mike D.
How to choose between 3 qualified tenants
I have 3 people all apply on the same day and all met my criteria. They all want the place. What’s a fair way to decide? Draw straws lol?