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So what is the correct terminology when opening a business checking account when asked what I do? When I answered "Real Estate Investments", it raised a red flag. I never had this before in days past when I had busi...
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Hello BP,I have a pretty simple question, do you guys require all persons over 18+ to be on the lease (I do), and do you run background / credit checks on all of them, or just the people or person paying rent?Thanks!Kyle
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How would you conduct a background and credit check on a foreign citizen. I've run into an issue with my current vendor because the prospective tenant does not have a SSN.
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Hello everyone,
My wife and I are considering bidding on some tax delinquent properties being offered by the state. In the information provided by the state they list known liens on the property, but they also recom...
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Hello Realtors, I am currently working on a listing deal where both parties have accepted a contract. However, I noticed the Buyer did not sign their earnest money check when they brought it in. I am currently working...
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My wife and I are considering moving to Nevada within the next few years. I would like to hear from buy/hold investors of any potential pitfalls ( taxes, insurance, restrictions, etc) of building a rental property po...
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Hello All!So I have my first full time rental property now up and running and I have a few questions on how people have handled their finances. I created 2 LLC's. One specifically for the house, and another (the unb...
Hello, I hope everyone is well. My partner and I encountered a dilemma we've never experienced before. We really don't know how to move forward without consulting an attorney, so I decided to post our situation here i...
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Hi all!I have an inquiry on my Airbnb property and the person wants to rent direct for 1.5 months.What do you all use for a background check/credit check for someone like this?I usually use zillow for listed long term...
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I would like to ask for others to check my math here.I will be househacking. For ease of example, we'll say I will be living in 33% of the house while the other 66% is for rent. When calculating my basis, let's use an...