Dante Foreman
Heading towards my first deal
Receiving a huge tax refund this yr. It will be just enough to buy a cheap foreclosed home,I won't have any money left to do any rehabing on it. With bad credit and no revenue or collateral from my business will I st...
Colby Miles
$300,000 6 unit rental scenario.
I have done some calculating and with my curcumstances. I should be able to have $30,000 of hard cash. I can possibly finance for more but would rather have two other investors to go in on this deal with me with equal...
Mike Wood
DSCR and Commercial Loan Question - 2+ unit Investment Properties
I have several duplexes that are financed with conventional 30 year Fannie/Freddie investment loans, but I have reached my limit (10). I am wondering how to proceed to acquire more properties. When I talk to my loc...
Christine Swaidan
Retaliatory Actions and Evictions
Not really asking for advice here but did want to share a recent situation. Newer tenant who signed a non-smoking agreement when he moved in was smoking pot. Another tenant complained of the smell. I gave newer tenant...
Clayton J.
New Member in SC
Hey,
I am a new member from Upstate SC and am currently a junior at the University of South Carolina. I'm majoring in Finance and minoring in Economics (I will be taking some real estate and real estate inves...
Nicholas Creahan
Do tenants really get their own appliances?
Hello BP community! Just put a place into contract in the west Cleveland area! Upon doing due diligence, the owner of the house doesn’t own the appliances, they are rented by the tenants. Is this normal for this area?...
Philip Ganz
How does a Deferred Sales Trust work?
How does a Deferred Sales Trust work? Is it better than a 1031 exchange ?
Bob Stevens
sec 8nswers It's not that complicated folks
Ok so it seems EVERYONE is making renting to sec 8 MUCH more complicated than it needs to be, not sure why. Maybe some guru is selling courses and telling everyone it is. Well, it's not. So here are answer to most of ...
Danielle Cage
Creating an LLC - use my CPA or diy?
Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...
Asia Jones
Tenant demanding $3000 to move out
I need Help!!! Just a heads up long post. I had to move for work and was debating on renting my house out. In Jan 2019 I made an agreement with text message proof “not sure if that means anything “ with my cousin that...