Brian Metz
LLC and Finances/Credit Cards
Hi BP friends, rookie question here. I have a few properties, but the next one will be in an LLC. Been reading up on the basics of that, however, do folks typically open up a new credit card for purchases? Sounds triv...
Brad Z.
Multiple Rental Applicants
I like to advertise and have open houses for some of my rentals that are a bit of a drive to get to. I had one last night and walked away with 4 applicants (each of which paid a $25 app fee). I tell them what order th...
AJ Sekhon
PPP Multifamily ineligibility
Looks like the sba and treasury has denied multifamily owners from accessing PPP funding. Terrific...https://www.nmhc.org/news/press-release/2020/apartment-industry-urges-sba-and-treasury-to-amend-paycheck-protection-...
Allen Corona
Help! Using my 401k for a down
Hi everyone, I am looking to leverage my 401k to purchase my first BRRRR property. Anyone have any suggestions or tips that might help me?
Sabina Hasan
Deny rental application ?
Can I sent a rental application to a tenant or another tenant offered me more rent ?context- one family offered 2k and a single individual wants to negotiate to 1700. I am covering most of the utilities. Is it a legal...
Steve Kirsch
save funds for future purchases or pay down loan faster
Hello BP family,How do you determine how much of rental income from doors should be applied to the loan and how much should go toward the next down payment of another property. If I have extra funding, should I apply ...
Mel Haggerty
Rent current home to use towards the purchase of another property
Hi BP nation! I am looking into renting out my current home and purchasing a new one. I've done some reading and spoke to a few people and they have said that it is possible to rent and use that income to show when ap...
Tj Hines
Seeking Referrals For Property Management Company
Is there anyone out here in the Bigger Pocket community that may have any recommendations for property managers that have repositioning experience dealing with value add apartment buildings in the state of Florida? Sp...
Mark S.
Avoiding Commingling Funds: Personal to LLC Account
I'm listening to a Podcast that has someone from Ridge Lending Group on there and it was said that as long as someone has a single member LLC that they own 100% (or if husband/wife each own 50% of multiple member LLC)...
Mark S.
Switching Payments Personal to LLC, Avoiding Commingling
I'm listening to a Podcast that has someone from Ridge Lending Group on there and it was said that as long as someone has a single member LLC that they own 100% (or if husband/wife each own 50% of multiple member LLC)...