Duke Giordano
Debt deals that give off Business income considered passive?
Hello All,
As a high income W2 earner I am not looking for investments that increase my ordinary income. I recently learned about the existence of debt deals that give off whats considered "business income" or passi...
Timothy Casallas
Questions regarding real estate attorneys and LLC's
Hey guys,I have a couple of questions that have probably been answered scattered all throughout the lifetime of the BP forums but I haven't been able to find them. It's also not very clear yet in anything I have read....
Kevin Coleman
Business Entity
BP,I have a question about establishing business entities. The previous post I've read have placed little importance on setting up a business entity(LLC or Inc) when first starting out. However, this goes against ev...
Matthew Davey
First Investment Rental
Investment Info:Single-family residence buy & hold investment in Mary Esther.
Purchase price: $54,000 Cash invested: $70,000This property was a foreclosure townhouse 2 beds, 1.5 baths, 1060 Sq ft, one shar...
N/A N/A
Buying 1st home as a rental and not primary residence?
I am considering buying a condo as a rental property. It will be my first home. I actually wanted to buy a house as my first home but this condo is in the booming downtown section of Austin, TX and I feel that I shoul...
Shelly F.
Question about Approaching Banks for you Experienced Investors!
I am a brand new pre-investor (haven't done a deal yet!) and I'm getting ready to get my financing lined up. How do you recommend I approach the local community banks in my area? Intro Letter? Appointment? And then si...
Karen Kasjaniuk
Accounting - financials and journal questions
I am an accountant, but my 9 to 5 is in hospital, accrual accounting, not real estate, cash accounting. I am a newbie to real estate investing and am trying to get my journals/financials set up and have several speci...
John Thedford
Ongoing Problems--CONVENTUS LENDING AND SHELLPOINT SERVICING
I got two loans from Conventus a few years back. Their original servicer did a good job. They transferred servicing to Shellpoint. This has been a nightmare.To me it appears conventus doesn't care. However, because Sh...
Dean Suzuki
Any recommendations for a note servicing company?
Hi, I am not sure if this is the correct forum to post this in, but please let me know.I have a couple Real Estate Notes and am looking to new note servicing company because of problems with my existing servicer. Do...
Sam M.
Hurricane Helene - Effects to your rental property
I have a rental property in Western NC that was hit. Access is impossible and it will take a long time for the city to be rebuilt back. Roads are still failing and the first priority, rightfully, is to save lives and ...