Sam Erickson
What's the deal with CPAs advising against LLCs?
I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.Am I missing something because this seems crazy to me? I c...
Molly Watson
Waste of time putting home in LLC due to mortgage in owner's name - Lawyer agrees
Hello all - I wanted to post this because I hope it will help other beginner investors who are using conventional loans to buy rental properties.I ran my scenario by a real estate attorney and they agreed, so I want t...
Blair Colsey
Best cities to find 1% (or more) rule
Hi All,I'm currently listening to @David Greene's book Long Distance Real Estate Investing on Audible (which is a great way to learn I might add) and I'm getting excited about buying some properties out of state. I cu...
Eric G.
That's Just Criminal
Anyone see this?Oakland bans criminal background checks on potential tenantshttps://www.latimes.com/california/story/2020-01-21/oakland-bans-criminal-background-checks-on-potential-tenants1. Is this fair to the law-ab...
Josh Miller
STAY AWAY FROM NREIG (National Real Estate Insurance Group)
I'm too young to have a heart attack but that's what I just went through dealing with NREIG. Long story short I'm getting a portfolio loan through LimaOneCapital and they have some pretty specific request when it com...
Michelle Wang
Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
I’m a landlord in Massachusetts, and recent events have left me extremely frustrated and disappointed with the state’s laws and regulations. I inherited a property with two tenants who don’t pay rent. It seems they we...
David J.
Unfair madness! Landlords getting hosed.
Some Perspective... 0.15%
That's the percent of American people who have Covid-19 at the time of this writing. NOT even 1% of the total population.
Suppose the disease were to quadruple before this is over, that w...
Nathan Gesner
(Update) Another Tenant died...and then two more!
I received a call from concerned neighbors. This Tenant normally goes for walks every day. Nobody has seen him for three days, his lights are on, and his truck has not moved. I go over for a welfare check and find him...
Redgy Saint-Germain
Middle ground between Grant Cardone and BP
Hey guys,
I been following Grant Cardone, read the "10X rule" "Be obsessed or be average " etc but I feel like the Grant's message is a bit contradictory to what our BP contributors are suggesting(start small and wo...
Account Closed
Landlords... Stop being so hard on your tenants
I've been reading through the forums here and I've read a lot of posts about how the tenants should have the money saved up to pay rent in an emergency, and if not they should use a credit card or the money in their r...