Drew Cameron
Heloc to pay off mortgage faster
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
Cameron Riley
NEED HELP- How to Tell A TENANT he wasn’t selected for my RENTAL
I have a very nice urban property up for rent. The clients that often apply to my city homes have POOR credit.. so I NEVER judge an applicant based on their credit score, I have removed that judgement from my process....
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Cory T.
Evicting renter from a vacation rental property
Hello All,I have a one-bedroom vacation rental condo in Palm Springs that has been listed on AirBnB for about a year now. I have my first stressful problem: a vacation renter with a 44 day reservation who will NOT lea...
Mark Forest
LLC or sole prop
Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...
Marcus Auerbach
Thank God I had an LLC!! - Said no one ever!?
In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...
James Wise
Are you prepared to do what it take SURVIVE this business?
Are you prepared to do what it takes to SURVIVE this business?Are you REALLY prepared to make those tough calls?Can you push emotion to the side for the betterment of your business?Are you willing to do EVERYTHING in ...
Mathew Zorn
Is Section 8 Housing as bad as people say?
I have a rental home in zip code 23513 and wanted to know if it's worth switching the home to section eight? I understand that section eight makes those that qualify pay for a small portion of the rent and section eig...
Taylor Chiu
My renters are smoking pot...
That title caught your eye, didn't it?I have 4 tenants in this property.So tenant A & B saying tenant C is smoking pot in the house (I've already given her a warning based on prior rumors). Also, tenant B says ten...
Douglas Gratz
What is the new construction process? Dig lot, pour concrete, etc
Hello, I am doing my first new construction and at first I was very confident, but no, not so much. A lot of my flips took longer than anticipated which resulted in me having to find money for the closing.I did! but ...