I have been doing research to set up a corporation. I think that an S-Corporation would be the best setup, but I see that no more than 25 percent of the gross corporate income may by derived from passive income. I als...

Need some advice about whether I should proceed with a deal that would by my first Sub to. Property: 3br 1 ba 1050sf in Portland OR valued at ~$260k.Loan: principal balance ~$199k @4% with PITI= $983 per month.Amount ...

Hi!I am looking at buying my first property sometime before the end of the year (trying to give myself a nice Christmas present). I have a few questions though for current investors in Northwest Arkansas. I am unsure ...

Hello all, I am looking to invest in the Denver area. My lease is ending in a few months, so I am looking in to buying a property with the thought of living in it for 1-2 years and then starting to rent it out. I am p...

Has anyone looked into the Armando Montelongo course?

Here we go! First month's rent rent up front. Second month's rent paid on time. Third month an email to say it would be late. Paid four days late but they didn't pay the late fees. Fourth month was due yesterday. Not ...

Hi all, I'm fairly new to the forum and have never formally introduced myself. I'm Ian and I have spent the last six months or so educating myself on REI and reading through the forums. I have started to form my "team...

I'm in the process of buying a new construction with an JADU (attached In-Law suite) rental. The unit is a small, but quite nice, one-bedroom (or will be by the time I list it). The builder offers only very specific o...

Hello,I was told that it is important to open up a bank account per rental property. I wanted to know if anyone has done this and if so what are the benefits and what banks are the best to utilize in the New England a...

BP Community,
This should be an "easy button" question, but couldn't find a direct post/forum.  I have a Wyoming LLC.  Can I use this LLC to own single family rental properties in other states?  I know the answer is ...