Ben Wilde
LOC on San Antonio and Austin Investment Properties (Texas)
I have two duplexes, and have more than 50% equity in both of them. Each property is worth about 200K. In addition, I have about 60K (and growing) in personal cash set aside to invest. Because of this strong financ...
Dan Grove
Looking for education on setting up the business
Hello BP friends,I am currently building a core 4 team as gudied by the David Greene long distance real estate book. I have money ready in my personal account and have an itchy trigger finger to buy my first place an...
Samuel Nyu
Prospect tenant who tries to be in charge/dominate?
Hello BP,
I finally got the 2nd half of our duplex up for rent and we have a prospective tenant husband/wife.
On paper, everything is great. Great credit score, income, professionals, etc. They were really positive...
David Stone
Deny applicants because ONE doesn't fit minimum qualifications?
Hi, I have a couple who applied for one of my units. I have not had the best gut feeling about them from the beginning. After running their applications (background check, credit, etc.) everything has come back satis...
Will Andersen
Recommendations for local property managers?
I'm new to being a landlord. One month in. So far I've been the property manager at this property as well as living there. It's a fourplex.
I think I'm doing a decent job managing so far, and I like doing it myself, ...
Edita D.
Pittsburgh Neighborhoods for young professionals, 1% rule
Hey guys! We just sold our 4-unit building in San Diego, looking to do a 1031 exchange. We would like to invest 700-900K (two buildings containing 2/3/4 units) into neighborhoods with young professionals (NOT STUDENTS...
Kelly Dorethy
Business Structure - LLC
HI everyone!
I am writing to ask how you chose your business structure for taxable events and passthroughs? Specifically, is there any good reference material you could point me to....?
Kayl Kam
LLC, CPA, depreciation, tax write off - Rookie turning residential into rental
Hi all,I am planning to turn the current residential property (SFH, 4b/3.5b) into a rental since I am relocating to another state. I put 5% down 2 years ago (conventional loan with PMI), fixed interest rate of 2.875%,...
Jay Shepherd
evict now vs evict next month?
My tenants have been 3-4 weeks late every month since lease started 6 months ago. I have filed 4 failure to pay rent forms with District Court of Maryland. The 4th failure to pay rent form (March) was filed at the...
Gunnar Brown
Starting Out with or without a LLC/SCorp???
Good morning,I am seeing a lot of reference about LLC and my business being thrown around. Before i get started with my first investment property should i start a LLC or S Corp. What do you gain by doing this? Does...