Jordan Decuir
Connecting with a Commercial Banker in Houston
So I just listened to @Brandon Turner speak on "The One Thing" on the Ask BP podcast...great (yet very simple) concept and podcast episode by the way, be sure to check it out....and it led me to the conclusion that I ...
Anthony Phillips
Managing first rental property
Trying to get some insight on my first rental.I am under contract on my first rental. The property is a SFH located in Lebanon, Tennessee just east of Nashville.After the rehab of the property I would like to advertis...
Alexander Forrester
LLC or Sole-Proprietor
I have a few structural questions regarding my business. I am undecided as to whether I should register as an LLC or keep it as a sole-proprietor. I know some benefits such as my personal assets are protected in an LL...
Jazmine S.
Do lenders take available credit into consideration?
I am trying to decide if it's a good investment to purchase an AU or two before I apply for funding. (I'm going either the HML or Portfolio route). If they look at income, liquid assets, and debt to income, would avai...
Bemnet Merha
Asking for tips: Switching from Property Management to RentRedi
Hi am planning to switch from a property manager company for long term tenants to RentRedi.Can you share some tips if you have done this before? 1. How did you handle things like moving the lease over? Did have the te...
Rick Lee
US citizen foreign income overseas, can I get bank financing?
Hello everyone! Thanks for your reply in advance!1. I'm currently working overseas and have been for several years 5 years to be exact. And I was wondering about my financing options having a foreign income from a for...
Cooper B.
Tenant screening with SmartMove, good credit score but bad debt?
I don't have much experience with tenant screening but I came across something today that I can't figure out.I pulled a credit report from TransUnion / SmartMove on a potential tenant. They recommend that I accept th...
Jonathan Lahr
Criminal background and credit checks
What does everyone use to perform their own criminal background checks and credit checks on potential tenants during the screening/application process? What are the costs? Are the results issued immediately?
Mary B.
Business in a Box
Has / does anyone of the BP members or someone you know use / used it? Just wanted to get some opinions before I purchase the software. Its seems like a good buy that would assist REIs in all aspects of the busine...
Keith Anderson
Conventional lending on first rental property -- advice?
We're headed down the path to purchasing our first rental property via a well-known turnkey provider. They've recommended a lender to us, and we're at the pre-qualification stage.We're likely to buy 2 properties this ...