Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...

hello everyone, over the past couple of years we have purchased two single-family homes and also built a guest house on our property. I now have three tenants and I lease part of one of the properties back to my busin...

Hi All, My partner and I are getting ready to purchase our first investment property as an all-cash offer. I want to know if we should put our names on the contract or put an LLC name on the contract? We plan to rehab...

Hello all! Just to give a bit of a background, I'm a pretty novice investor. I bought my home in 2010 when the 40k I was saving up for a downpayment was able to buy an entire property outright and have been house hack...

So I have been leasing my rental home to a group of 4 young professionals for about 10 months now. They have been paying on time but for the last two months, one of them has not been paying the rent. They have ho...

I recently went to a seminar hosted by Robert Woodruff. He is the president of the Charleston REIA and has a course The Keys To Cash Flow.

http://www.biggerpockets.com/users/WoodyDeals
http://www.robertwoodruffinv...

Previous post got deleted/moved by BP so apologies if you have already responded. Have some more complex questions was hoping to get some help with:
1. Is it possible to take advantage of the bonus depreciation if bu...

Hello everyone. I'm working with a friend who has many years as a Real Estate investor. We are considering starting our own property management company in California. Neither of us is a licensed broker however (requir...

Building a strong, high-performing power team is essential for any leader aiming for long-term success. Great leaders understand that their team's strength is key to achieving strategic goals, and they take specific a...

I was placing an ad on Apartments.com and it refused to load unless I deleted "no smokers"! It explained that was discriminating against a class of people, and that was a no no. Just....wow. Another reason to hate tha...