Alexander Celestina
Best banks for HELOC on personal home
Hi BP fam,
I am a new real estate investor looking to buy my first property and I wanted to use equity on my loan for investing. What are some banks you guys recommend to do a HELOC on a personal home?
Thank you,
Cheng Bin Zhang
Managing Multiple Tenants
Hi All,I'm currently managing a unit with 4 tenants and I've originally arrange the lease to have all four tenants be jointly/severally responsible for the rent. With the new lease cycle coming up, they've asked to r...
Ann A.
Tax questions for Private Lender
Looking for tax related advice. If I lend money to a real estate investor friend, I would get a 1099-INT at the end of the year. Which would go as personal income in 1040. Is there any way of treating it as business i...
Manuel Garcia
New to financing need advice
Hi guys, I’ve been a landlord for the past two years by trade I am a general contractor (I own my business) I currently have two rentals including my personal home which I paid CASH for. After doing some math I’ve co...
James Letchford
Business Structure(s)
Today, I went into contract on my first deal for a buy and hold property (with intent for BRRR). I'm so stoked.Going forward, I'll be picking up more buy and hold properties to add to my list. Here's my question: Wh...
Charley Gates
Best materials to learn about note investing
Hello! I am a buy-and-hold investor who is learning more about investing in notes. I am interested in recommendations for online courses or books (or other sources of information) that people have found useful. I un...
Ed Walston
Recommended books to read for a beginner
My son is 16 and wants to start reading books on RE Investments. I would like to give him 5 to 10 that would be a good start. Richest Man in Babylon Rich Dad Poor Dad The Book on Rental Property Investing Set for Life...
Brandon Rush
Need to Change My Marketing Language On My Car
Hello my BP friends,Currently, one of my marketing strategies to pick up off market property is I have a magnet on my car that states something along the lines of "We Buy Houses, any condition, no pressure, no fees". ...
Mark Douglas Hukill Jr.
Opening another bank account to receive rental income
I am going to be closing on a 3-plex with a VA loan in the next two weeks or so. I think opening a new bank account to receive the rental income is what I am going to do. I would like to make it a business account, ho...
Chad C.
How does LLC owner get paid and tax consequence?
Hi, all, I see in this forum many people are recommending form a LLC and use the LLC to hold rental for asset protection purpose. In doing so, one of the main step is keep all the funds separate from personal funds, w...