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Hello to all;I'm a newbie to BP. I'm expanding my portfolio to holdings of real-estate. I have had several years of experience in student housing (the paying side). Would like to hear from those who deal in this niche...
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Does anyone have experience working with lenders who offer mortgages to non residents? I'm interested to connect with lenders who could assist with loans for single and multifamily properties.
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My wife and I are buying a condo in a primarily college town. It has 3 rooms so most tenants will be unrelated. We are trying to figure out if we should do one lease for all or separate. One of the biggest questions t...
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Hello all. I’m looking for someone to talk me out of cashing out of a beneficiary account if I’m making a big mistake. What say you? Here’s the deal: I currently have a beneficiary account left to me by my father. He ...
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What is the best way to setup up bank accounts for rentals. I have my main personal account. I also have another bank account at a different bank just for closer convenience. I have a 3rd bank that I just opened up...
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Hello BP Community,I have $100,000 HELOC available to invest. There's a $100,000 single family house and $200,000 multiple family that I want to invest. I have a few question below, hopefully someone with experience c...
I know this may be a simple question but I am having trouble finding the answer. 1st, In regards to a single member LLC taxed as a pass through, which state do you pay taxes? I live in Illinois but the property that...
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Hello Everyone.! I have been keeping in contact with a motivated seller for over a year now. They own a vacant single family as well as a newly renovated 2-unit. They are elderly and the husband does have health issue...
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I just heard about a property management company having their tenants fill out a W-9 Form when they lease them up. This is for the purpose of reporting to the IRS any security deposit refunds of more than $600.I'll c...
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Ok, to avoid Analysis Paralysis I am trying to take 1 action every single day to move towards my first SFH or MFH deal. I have met amazing people so far on BP, all of which have offered to help me in my journey and I ...