David Rocca
Should I use partners to invest in a property or invest on my own
Hello BP, I am a new member also a new to the real estate game. I love the forum section of this site because of all the members help. I currently own a single family house in south Florida that I live in. My goal is ...
Aaron Albertson
Starting new business
I am new to real estate investment and am looking to see what type of business is best to start. My primary focus will be on rental properties. I am looking at applying for an EIN and am not sure what type of business...
Sewi Wawa
Bank wants to know why I want to cash out refinance
Hi all! I am trying to do a cash-out refinance on my house that is completely paid off. The loan is in process, but in the mean time, my bank sent me an email asking me what I am planning to do with the money. I don't...
Paul Wiseman
Electronic Rent Collections
Hi All. Wishing Everyone a Great Day
I own a duplex in Oak Ridge, TN and am looking for the best and safest way to collect rent electronically while at the same time not making it too complicated for my tenants. I ob...
Margaret Hill
Evolve Property Management- Is It Worth It?
Hello BP! I recently purchased a vacation property in Hilton Head Island, SC that is being rented as a short term rental (airbnb, VRBO, etc.) during the times my fiancé and I are not using it. We are using a property ...
Chris Schorre
Have you purchased fractional ownership of property using NFTs?
Many of you probably have heard about Beeple selling a piece of digital artwork for $69 million recently. This was done using Non-Fungible Tokens (NFT). Recently I received an offer to purchase fractional ownership in...
Randall D Cheney
recapture expenses from sales proceeds before 1031 exchange
We're going to sell some building lots that we have divided off of our farm, and do a 1031 exchange with the proceeds. We'd like to pull at least some of the development expenses out of the sales money before we rein...
Andy Mirza
Automatic Stays for Multiple Bankruptcies
(Not legal advice; just relaying my own experiences & understandings)When a borrower files a Ch 7 or Ch 13 bankruptcy, there is an automatic stay against all creditors from collecting on the filer's debts. As a le...
Stacy Fernandez
Old Retirement Account - What should I do?
Hello Friends!Just looking for some advice on an old retirement account and how to start a new one.I have been self-employed for about a year and half now and putting off moving my old retirement account. At my previo...
Robert Palladino
Collecting Rent in a different name
Hello All,I have a rental property in Philadelphia that is owned in my own name. I formed an LLC for this house prior to purchasing the property, which I later decided not to use because I figured lending would be eas...