Account Closed
Stock Market Stinks (Down -800 points Today) - Real Estate Great
Here we go - it's just the beginning . . . Is your Broker returning your calls?"This Is The Tipping Point": One Bank Is Calling For A 30% Market Correction
Seth Killion
Loan in my name, but I have 5 investors. Can I move to LLC? Help!
Hey all, long time reader but first time poster. I currently own 2 STR rental properties and I am under contract for my 3rd, a short term rental in TN. The loan will be in my name and I am using a 15% investment loan....
Isaac Huerta
Suggestions for Mortgage Loans in Austin, TX
Hello, BP members! I finally found a property that I am interested in moving forward. It is a duplex with the two units already being leased. For those with experience in MFH, what are your recommendations regarding m...
Jeffrey K.
Making the jump to commercial
I own about 50 apartment units in eight buildings. My banker and my friends tell me it is time to move up to a bigger building. I already own "commercial" buildings for lending purposes (over 5 units), but do not ow...
Brandon Smith
Evaluating Multi-Property Purchases
Hey Everyone! I've found an off-market deal that definitely requires some more analysis but I'm curious what the best way to analyze this purchase is. The purchase is for 3 duplexes. All of the units have established ...
Dana Carr
Newbie tax question
Last year (2020), was the first year I had rental income on my taxes. I own one rental property in my own name(it is my former residence). This year (2021), I created an LLC with the purpose acquiring more rental prop...
Esiri Ohimor
loan yourself a mortgage and report to the credit bureaus?
I am just wondering if there was a way one can loan themselves a mortgage on a house they own free and clear and then make monthly payment reports to the credit bureaus? Thanks!
Bill Fennelly
Rooming House or Lodging House
I am considering buying a licensed rooming house in my area, 13 units plus on site manager's unit, average of $150 / unit per week, 100% occupied, real strong cash flow with $4,650 positive cash a month, I would welco...
Ray Slack
Appraisal / Appraiser question about Value on Death appraisal.
My mother just passed and we have all her real estate in a revocable trust. I believe we need to have all her properties appraised to determine our new stepped up basis. My question is:Is the Value on Death appraisal...
Carlos Reyes
Portfolio Loans
Hey BP gang! I am looking for a way to evaluate a portfolio lender. Can anyone give their advice as to what are the top questions I need to ask to evaluate their services requirements?