Brandon C.
Tenant Screening - Would you consider these tenants?
Wanted to throw this out to see what you thought. Obviously, one red flag, but if everything else checks out, it seems like it might be ok. Would you consider these tenants?Rent is $1200, and I’m required 3x that for ...
Jitendra Mandalia
Property management question for remote property
Friends,
I have invested in a single family home in Virginia and I live in California. I was planning for a property management to be done with a company local in Virginia. Though I have another realtor, who is a fri...
Mary Jay
Penalty for Roth IRA investments?
Hi guys,
Lets say a person puts money into a Roth IRA, but then few years later, IRS penalizes this person because this person was making too much money. What would that penalty look like?
In 2019 I believe for a s...
Forrest Lundstrom
Sticky Early Lease Termination
I'm hoping this lease termination goes ok, but I am a slightly worried.
I currently have a place rented for $2k/month, due each 24th of the month. The tenants have made an offer on a place and want to move...
Will Gebbie
Turnkey Property question
I constantly hear ads for memphisinvestmentproperties.net on the biggerpockets podcast. Has anyone bought any properties through them? How has your experience been?
Steve Cook
Seeking Lending Partner for Expanding Portfolio
Hi BP!Happy New Year!I'm an investor from San Francisco with a portfolio of investment properties in Indianapolis. Over the holidays I had some Family members express interest in the business and I'm now in the proce...
Anthony Wick
You Don’t Qualify....Stop Pretending...
People simply can’t help themselves. They contact me for my empty duplex. I tell them the qualifications before a showing (yes, they are in the ad as well), and they say; “ummm...I’ll get back to you on when I want to...
Ricky R.
Create separate LLC for each property?
Any of you veteran NC LLC owners care to advise on any tips for forming a single person LLC? I'm reading that it may be a good idea to create a separate LLC for each investment property as well. I'm aabout to start th...
Brian Falcon
Beginner business setup question
I've been listening to a lot of BP Rookie podcasts and many folks on the interviews say they buy all their properties in their personal names (single- 4 plex types). Then some also say "I reinvest all my money back i...
Jose Cabanero
Red Flag(s)?
Hi everyone, I have a prospective tenant looking to rent one of my larger units (3bd/2ba 1386 sqft for $3500/mo) in Connecticut. I'm asking for the usual...-Background check-Credit Report-References-Proof of incomeWha...