Dustin Sanders
Where do I start with no capital?
I know this sounds rediculous but I see success in investing but what if I don't have capital right now? Working 11 hrs a day Monday through Friday is my current situation but how to I get the ball actually to start m...
Ying B.
Approve or Deny? Expenses > Income but meet Gross 3X of Rent
I have a listing priced at $2450 (4 BR, 2.5 bath).
I am currently focusing on 1 applicant who makes ~100K in her current job for 25 years, excellent rental references for past 9 years but my rent is $800 more than he...
Rahul Raghav
To Rent or To Sell? A Condo Owner’s Dilemma
Hello, everyone. I am a new condo owner in South Loop, Chicago. I bought a 2-bedroom condo in this area this year (2023), after renting for 11 years. I thought it was a good investment (for renting it out after living...
Tino Julian
LLC - Disregarded Entity vs. Corp. or S-Corp.
Hey BP Community,I've got a pretty straight-forward tax question (BUT...all my internet research has not been able to give me a clear-cut answer). I have an LLC and was about to apply for an EIN on the IRS website bu...
Michael Robinson
Newburgh NY expected rents
Hello to all and anyone who is savvy about rentals in Newburgh NY. I've purchased some properties from the city, not the hot part but a nice street right below Mount Saint Mary's, just a half block above where everyo...
Kevin Robert
Starting as a broker part-time?
Hi everyone,I am an active investor and as my day job I currently work in commercial real estate valuation. I have been looking into other sources of income and thought of getting my mortgage brokers license.I am well...
Javier Diaz
RE Investment Clubs in NYC
Hey All,
I'm Javier Diaz a NYC RE Salesperson and aspiring RE Investor. I'm fairly new - to the God sent that is BP - and I would like this post to do at least one of two things.
1. Serve as a "heads u...
Don S
FHA and Conventional Loans
I have read that when doing certain loans the lender wants you to stay in the property for one year. I am assuming this is to deter investors from these loans as the down payment is usually lower that investment loans...
William S.
Vacancy for 4 months - Sell, Hire, or Wait it Out? (Kansas City)
I have a rental property in South KC that has been vacant for four months now. The property went vacant in October 2017 and is still not rented. I understand that winter months are not ideal times to get a property re...
Corey W.
Lender requiring Comfort Letter
I'm in the process of purchasing my first duplex. This is one I'll be "house hacking" so I applied for an FHA loan and made an offer on a property. However my lender is now requiring a comfort letter from a CPA. My re...