Joseph Waitkevich
Awarded Tenant Back Rent
We were recently awarded back rent from a successfully evicted tenant. My question is, is this worth taking a tenant to court over or is it not worth the legal headache. Thanks in advance for your help.
Michael Heredia
Down payment funds for rental property loans
How much did you put down for your rental property loan? What are the source of these funds?
Just trying to see if I should continue to save or if there are other creative ways to secure the down payment funds on tr...
Jasper Cooper
Tax-advantaged Accounts for Real Estate Professionals
Hello,I work a normal job, and my wife is the real estate professional who helps manage our investment properties. Due to depreciation, we report negative taxable income from our real estate investments, which helps ...
Matthew Thorp
How to find what the seller owes
How do I find out what a person owes on their mortgage before it gets sold at foreclosure auction?
Mary Jay
Credit score 622- collection, can prepay, would you rent to her?
Hi guys,
I was wondering if you please would be so kind and help me out!
I have a prospective tenant, single mom who owns her own business with her ex husband.Her credit score is 622. But, she has few accounts, most...
Warren T.
Is Transunion's Residentscore compared to FICO score
Hello BP community. Need some advice. I have a SFR that I'm renting for $3,250/mo. I have a couple that looked great on paper. Wife is a teacher making $8K/mo (verified paystubs) in a good school district and the husb...
Rob Shah
FHA deal big issues! Need advice.
I have a property under contract with a FHA buyer and they have already completed their inspection and the appraisal which we agree upon the sale price. However we just found out my unit is not under an FHA approved c...
Michael Vialpando
Financing Challenges for Third House Hack - Solutions?
Hey everyone! Thanks a bunch in advance for any help or support. My wife and I have successfully acquired two house hacks in the last two years. We have typically rented the the main house (or a portion of it and got ...
Bryan Paul
First Time Home Buyer
Hi All, My wife and I are looking to buy a house in Long Beach, NY and we are first time home buyers. Our plan is to buy a 2 family house and use the house hacking method to get started as RE investors. Currently we h...
Jackie Linne
Taxes for new LLC
Hello!I created a new Single Member LLC in Ohio for rental property. However the property is still under my name, Do I have to report taxes for the SM LLC (which has its own EIN) that technically has no income?I do ha...