David Ten
Debt To Income Ratio
Hi,My Name David. I live in Redlands, California.My situation : I have 150K in my save bank account. I want to buy home around my place (san bernardino county). But I dont want use all my money to down payment. becaus...
Deray Johnson
How long do I have to notify a tenant I’m not releasing
I just purchased my first duplex in Independence MO both units are occupied. I want know how long do I have to notify a tenant I will not be renewing their lease. 2. What service should I use to collect rent
Paras Gupta
Buildium - I have 3 rentals
Does anyone have any suggestions on buildium? I did a demo and the software looked good. I have only 3 rental properties so far, but I plan on expanding my portfolio. Did this help you eliminate using a realtor, where...
Matthew Bass
Typical for property manager to get security deposit interest?
Hey everyone. My wife and I are new to the rental real estate business in NC. The contract we're signing with our property manager states that he will be responsible for putting security deposits from our tenants into...
Steven Lalonde
Managing your own rentals? How do you handle it financially?
Hi BP,For all those folks out there that manage their own rental properties, what are your thoughts, opinions and advice on setting up a Property Management company/business to manage your own personal rentals at the ...
Brian Welch
Do I really need a federal tax ID and LLC?
We are just starting out and hope to get our first flip property in a month or so. We established an LLC in our state but do I need a federal tax ID if I want to set up a bank account just for the LLC?Thanks for any ...
Douglas Orr
Have you ever used a collection agency?
I'm based in Indiana. And, in Indiana a LLC can only collect up to $1500 of back rent, expenses, repairs that a tenant is responsible for. Even though a judge may say they owe me $1500 could I go through a collection ...
Manuel Lopez
SDIRA Attorney needed in Northern NJ ( Bergen County area)
Good morning BP membersI am looking for an attorney that is very knowledable with SDIRA and its regulations. I bought a property 50/50 cash in CT using my SDIRA with a partner. It was setup incorrectly. It was bought ...
Neil Ginty
Cashflowing Fourplex in Appreciation Market
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $420,000
Cash invested: $105,000
Fourplex with slightly low rents but a solid income producing deal in appre...
Zach Nemechek
Help with Subject To acquisition
I am attempting to acquire a property with Subject To and some cash on top in order to retain the 2.8% interest rate. Can someone elaborate on how the payments are made after you work with the title company and the de...