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Hi All,About to close on my first property in Hawaii. My LLC is setup and ready to take the title of the LLC after the mortgage closes (I discussed this with my lender and no concerns over the due on sale clause). How...
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Hello all, newbie here and I am trying to figure out the best way to structure a rehab fund allocation with a bank. I was able to find a bank that would finance the renovation costs into the total loan cost. I am tryi...
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Hello BP Community.This maybe a stupid question, but I am curious if there is a way to utilize the rehab and refinance method on a personal residence. Say I bought a house using all cash and while living there I slow...
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I am a new landlord, I have one investment property and I'm already getting sick of making a bunch of different payments on different days each month for the mortgage, utilities, and all the other monthly expenses for...
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I have been contributing the maximum to my 401k account, including the catch-up contribution for those over age 50. My contribution far exceeds that needed to get the maximum company match.
I wondered if this...
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We bought this rental in the fall and had it rented. Pipes froze in December and it flooded. We are about to put in $15-$20k of our own money into it, beyond what insurance covered and I need help deciding how we shou...
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I have noticed over the years quiet a number of very ambitious investors talk about how they will give to charity at the end of their life. Why do so many people act like they will be a blessing one day when they’re ...
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HelloI would like to introduce myself, my name is Courtney Cotton and I live in Denver, Colorado. I have purchased, renovated, sold and rented single family homes throughout my life and had my GC license when I lived...
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We fired one of our property managers a few weeks ago and are now hearing about issues of negligence and possible criminal activity with missing tenant payments and/or not properly handling security deposits. Because...
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I just finished up my first eviction and thought I would share my experience. This took place in Connecticut.Background: I bought this property about 1.5 years ago and inherited the tenants. A boyfriend, girlfriend, a...