Andrew Willits
Two tenants with below 600 credit scores with solid income
Due to COVID we had a solid tenant just move out. We have been doing showings and the best applicants have solid income we verified by paystubs that is 4X the rent. The issue is they have low credit scores below 600 b...
Domingo Cano
Need help getting hard money loan
I need help i been trying to make my first deal with a hard money lender but what stops me is when they ask for a contract of the home or a purchase contract. What do they mean by that?
Jose Pena
Structure a business
Hey BP members,
I have been researching on how to structure the start of my rental empire. I hear a lot of everything...one LLC for each property...one LLC for all my properties...different tax strategies...
My quest...
Stewart Olney
Are you active in Flint, MI?
Hi,I am interested in obtaining some buy and hold properties in Flint, Michigan. I was wondering if anyone has any experience in Flint, and if so how it has gone for them.Prices are good compared to the rent you can g...
Bob Shome
lack of suitable properties
Are others finding it harder to find good properties right now? In my area it seems to be the case. I try to find purchase in the 50-60% of improved value range, putting in 20% and making 30-40%. I am doing most of...
Account Closed
Escaping a self directed investment account
I am in the process of moving several 401k and IRA accounts into a Solo 401k. This is a bitter sweet for me because it means I can begin investing in flips but also mean I cannot be materially involved in the improvem...
Philip Wilson
Advice on first investment property.
Hello all, I am trying to determine my first move whether that will be a Multi Family house hack in the Chicago area or a small house flip at first to accumulate some capital. I would need some time to accumulate a do...
Collin Hays
Are you keeping up with risk management at your vacation rental?
I sure hope so. Lawyers are lurking.
https://www.carolinaaccidentat...
A small nugget from the website:
"In North Carolina, vacation property owners and rental management companies have a duty to keep their re...
Jared Lomker
Becoming a developer
I have always been interested in development of land. Any recommendations on books or sources to better myself?
Richard Warren
Fed reduces 2009 outlook
Federal Reserve reduced its economic outlook for 2009.
The central bank said it expects some business conditions to improve in coming months, but it also lowered its assessment of the economy for the full year and sa...