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...
Troy Forney
Future problems for investors....................................
Maybe its just me..... Being in the Real Estate Business for 20 plus years, I am started to see some similarities of the last bubble. Now I am not saying we are in a bubble. I don't know. They are a lot of factors...
Mike Malyy
Apartments.com now requiring tax information
Hi All,So I am a very small time landlord and I use Apartments.com (formerly Cozy) to collect payments. This morning I got an email saying that they want my SSN to report any income I get over $600 to IRS. I have alwa...
Avery Carl
Coronavirus STR Data
I know there have been many threads started on Coronavirus and it's impact on STR's over the past few days, but I wanted to share this data that Airdna published today detailing the affects of it on different types of...
Matt Nico
Cant get financing with 3 cash flowing properties + a job. Why?
Guys/Girls, I really need help....
I recently quit my job to do real estate full time. I'm about to have my RE license, and we also have an LLC with our property income flowing through it. So My wife makes $60,000+ a...
Jeremy Baker
Turnkey for First Rental Investment?
So, I guess this isn't going to be our first investment since we have a vacation rental property in Maui, but this will be our first buy/ hold / rent property. We've been looking locally here in the Denver metro a...
Blake King
Small inheritance! Invest, save, student loans??
Hi guys!
I recently was given $10,000 from my grandma, as she has liquidated some of my Grandpas "toys" as he passed away a year ago. I have about 35k in student loans, with a relatively low interest rate (3-5%). I ...
Andres Piedra
Tenant paying full year rent in one payment
I have an applicant who has just ok credit (average) but had a few late payments on last lease due to something or other. He told me a story, but I generally don't invest in "stories". However, he said to make up for ...
Benjamin Sulka
House Hack Numbers Not Working (after I move out in 12 months)
Hey BP, I'm in the market to buy my first multifamily house hack within the next few months. I got pre-approved for $300k but I'm having a lot of trouble finding properties. Nothing on-market makes sense as expected. ...
Bryan Rodriguez
Due On Sale Clause: Myth or Fact?
BP Fellows,
When utilizing the Assignment of Mortgage Payments (AMP) or Subject To strategies, is it realistic that a Lender will call the note?
If so, can someone provide a testimonial about it.
In addition, if ...