Hey all, What are your go to software of choice when managing your MTR? Looking for tips on collecting rent, managing the property with good communication between cleaners/handymen etc and booking my place. I'll start...

Hello BP,I have an opportunity to buy an established beer and wine market w/ existing business. Offer is 400K for both. The business claims it nets 120K, the owners are not currently paying themselves rent. The buildi...

Hello, I am a newbie landlord and is wondering how to verify income for self-employed people? Tax return? Please advise!

I have been an independent contractor for 7 years. each year i write of most of my income. i never realized until recently this severly limits what a lender can give you. should create an llc or some other identity an...

I make a living with my own small business teaching piano lessons at my student's homes and performing occasionally.  Business is growing quite rapidly at the moment, and I love the work I do. I've only been in busine...

So, I bought a new primary residence a year and a half ago with cash. I'd like to take out a LOC on it to use for fix & flips and/or buy & hold acquisitions. Problem is, I don't have any W2 income since I don'...

I am 27 days into escrow on my first property and the broker I decided to work with has been absolutely terrible. He assured me at the beginning of the process that everything looked easy and straightforward and even ...

Hello All -We are about a month away from getting completely out of all W-2 employment and going full time (hubby & I) in REI.  We have been thinking about this for a while and feel like we are in good shape to do...

Hi Guys, I’m new to the forum - Seeking advice on my situation of buying my first 2 rental properties with conventional loans with 20% downpayment ! My situation is - I’m an employer of a S corp and have W2 from my co...

Try to Refi. My lender is asking for this. Letter from your CPA in regards to your assets in your business accounts stating that the funds are not advancements against future earnings of future cash distributions – ha...