Derek Loveland
Debt Management Strategies
Any recommendations regarding information pertaining to debt management? The more I read and listen to, the more I realize there are multiple approaches to debt management. The predominant minset I've carried most my ...
Mark Beekman
Will Credit Limit Increase Hurt My FICO?
I know that opening a new line of credit will hurt my FICO in the short-run, but will raising my credit limit on an existing credit card have the same effect? Would it count as "new credit"?
Philip Johnson
How do i serve a notice when half the people moved out?
3 people signed a lease. 2 of the 3 people moved out. 1 person is left at the house who lives there. I am using a process server to serve the 60 day notice, who do I serve?The tenant may have told me in writing th...
Samuel Chua
Taking advantage of the market crash
Assuming the market crashes again, both the property and the rent is going to decrease by significant amounts. Hence, should i buy a property based on its potential value? Or based on its actual rent, during that cris...
Minny Nana
How to form a LLC and transfer assests/liability to it
Two post boxes? Not sure if I am doing this right. Anyways any knowledge or experience on how to create an LLC, and how would I buy a property under it if I wanted to get a traditional 30 year mortgage using my income...
Freddy Alban
Refinance through a Llc
Hello BP,I need to refinance a rental property that I purchased through my LLC. I reached out to CU’s and local banks about refinance, but they mentioned I need 12 months season period before I can cash out refinance....
Account Closed
How do you use a real estate attorney to aid your business?
Hello,
I own two duplexes under the name of two Florida LLC's that I created using sites like rocketlawyer.com. I rent the duplexes and use the LLCs as well as liability insurance to protect my LLC and personal name...
Ethan S.
Which is the best? Mint vs Quicken 2017 vs YNAB vs Spread Sheet
Which budgeting software would you recommend for organizing your finances most accurately?I'm currently using free websites such as Mint & YNAB for tracking my finances. I am looking at buying Quicken Home & b...
Brody Veilleux
Using FHA 203k and DSCR refinancing
My house hacking plan is to get a distressed MFH using a FHA 203k loan with about 3.5-5% down, and fix up the property to increase my equity. I will have enough reserves to cover the holding costs as well as some left...
Robert P.
Recognize Tenant on Birthday?
Just getting into being a landlord, own 2 units currently. First time coming up on one of my tenant's birthday. What do you guys do (if anything) for them?Card? Gift card? Text? Anything?I am a hands on landlord (not ...