Shakthi Kamal
Which is better - LLC or Umbrella Insurance?
Hi,I'm a newbie investor looking to expand my real estate portfolio. I've been researching the topic of limited liability and the different options to achieve this. The most common options used by investors seem to be...
Luke Carl
Quit Claim the Title on a Commercial Loan?
Didn’t get around to putting together an LLC in time on this deal in a new state. Is a commercial loan the same as a Fanny/Freddy where they can call the loan if you quit claim to an LLC or does the bank not care?Shou...
Mike Jones
HOA fines after foreclosure - California
Our group has been purchasing foreclosures at trustee sales for over 10 years and we've never run into anything quite like this. We're trying to evict the former owner, but due to the current COVID eviction moratoriu...
Newell Zelarayan
Renting out to college students
Hi,
I'm trying to branch into real estate investing like many other people here. I was looking into a property in Albany, NY that has apparently housed college students from near by colleges for some time now. The pr...
Account Closed
Delinquent FHA Mortgages Soar By Record 60% To All Time High
This is NOT news I wanted to hear, but it is what it is . . . That is a Nasty uptick.
Delinquent FHA Mortgages Soar By Record 60% To All Time High
As a reminder, "mortgages that are in forbearance and have not misse...
Lindsey Vargas
Do you pay attention to arrests that were dismissed in court?
I have narrowed down my applicants and would like to accept a couple who both have good jobs. I just ran the background check and it came up that the husband has a child endangerment charge that was dismissed and a do...
April L.
Aging Parents: Multigenerational Home or Get'em A Small Ranch?
Fortunately, I actually like my parents. I'd actually enjoy having them live downstairs in the finished basement apartment —if I only had one. My parents live 7 minutes from me in a rental house. They're at an age whe...
Gerry Magrini
My Tenant Wants to Rent my Unit on Airbnb. Should I allow this?
Hi Everyone,I have a potential tenant who wants to rent one of my units for over asking, but he wants to list it on Airbnb. He was up front with me when he came to look at the apartment -- completely honest, fully tra...
Kenny M.
Rehabbing a multi-family
I purchased another five unit multifamily a few months ago. I hired a PM who promised the world, but has delivered nothing. He hired a guy who bid on one project to combine two units into one. Reason being, the uni...
John Elerick
Launched our First STR!
Hi BP Family,This is our first post on the BP forum and we figure this is the best time to go for it.My wife and I launched our first Airbnb in our Northglenn house May 1st. It's a separate entrance basement suite wit...