Ronald Jackson
Is it common to use hard money lenders to buy rentals?
I want to purchase more rentals, but lenders are telling my properties have to be worth a certain amount, so I wanted to know would hard money lending be the way to go to get more rentals?
Chris Farinella
Investing in Long Island NY
Hello BP, I’d like to start and buy my first investment this year, but so far every method I explore is shot down somewhere in the process (usually financing) and was hoping to see some outside perspectives.For contex...
Chris Pomerleau
Accounting Software
Hello. Rookie BP investor here.
My father and I own a rental property business with three rentals. We are expanding quickly and need a great and clear way to keep track of our expenses, income, and all other Financi...
Sean Hurwitz
Comps Comps Comps...LA, Riverside & San Bernadino Counties 2015!
Good afternoon y'all!Can't wait to see some of you in a couple of days at the West LA BP Networking meeting.In the mean time, I'm wondering what the latest is in Comp Land. It's 2015, what's up!Facts:- I'm a Rehhaber...
Jacob Dionne
The NEXT one......
Hello Everyone! I have had some great success with a VA loan in San Diego in my 2 bd 2 ba condo. It has allowed me to gain wealth faster than renting, but now I find acquiring the next property very daunting. I feel a...
Brian Ronning
Acquisition of a property with month to month tenants in place already
Recently bought a SFH that has tenants currently month to month in place. What is the proper and best way to give them my information for paying rents and contacting me, etc. What else would you include in a letter t...
Isaiah Thelwell
Pros and Cons of buying Short Sales
Hey Folks,I’ve come across an on market short sale deal that is overpriced but would be intriguing to start negotiations with, however i’ve never put an offer on a short sale property before. what are some of the pros...
Garret Anthony
Raw land acquisition - Buy/Hold with development potential
Hey Everyone!My name is Garret Anthony.I am 24 years old and wanted to purchase a long term property. I was looking to purchase raw land with the intention of developing the land in the next 5 - 10 years.Since I am ex...
Corinna Woodcock
Guidelines for what to expect to pay a CPA for first year LLC taxes
Hello!We were just hit with, what I feel is, an exorbitant tax prep bill of $1850. It's a new LLC with just one NNN rental income source. This cost equals 5.5% of our gross income for the year (nearly 2/3rds of one m...
Christopher Kelley
Is it possible to have Untouchable Equity???
Over the last 3-7 years I have purchased 4 SF homes, currently all are about $310,000. Average remaining mortgages are about $150k. I would love to use the equity but my interest rates (after refinancing) are at 3.2...