First Investment Property - Commercial vs Conventional MortgageI have been researching and trying to decide on a lender/Type of mortgage for my first property. I would like to get pre-approved so I can be ready to pur...
We have an STR beach home in South Padre Island. We recently had a large group; larger than what was allowed, stay at our home and their behavior was unacceptable. We found out that one of the kids mother's rented t...
Hey BP!I’m just starting out and really just asking lots of questions. Today I wanna ask about entities. From my understanding, LLCs tend to be the favorite. Can you receive any income at all from an LLC? I’ve heard l...
Is it worth it to go to school to get a degree to help me in my real estate business?
Hello,I'm looking for BP's feedback on what type of tax professional(s) could fit my needs, so that I'm not paying for a professional with all kinds of certifications/education that don't make sense and don't add valu...
I need to pull out about 100K from my personal residence for a project. I just started an application with Bank of America, which is where I do my banking, but damn, they want a complete application with records on al...
Is it wise to create an LLC before the purchase of a Multifamily property?
Thoughts?
Thanks in advance! $$$
If I’ve never had vacancy does that mean I’m not charging enough for rent? How do you figure out the most you can charge? Just list it high and if you didn’t get a qualified tenant to lease to then you lost that mon...
Hi all,Currently under contract on our first SFH rental property in OKC area. I was doing research on angies list, google etc for a good property inspector in the area and found A to Z . They have a lot of good buy...
In Md the state requires renters to provide rental insurance. I'm looking to purchase a MF home in VA in Jan and wondering if it's customary to require renters to obtain insurance as well. Is it overkill or even legal...