Account Closed
Limit of number of mortgages?
I get the concept of finding rental property, getting a mortgage, and renting it out obtaining positive cash flow while soaking up the equity. However, is there a limit to the number of mortgages one can receive? Will...
Anthony Barbato
Minimizing occupants in your Lease
Does anyone have a section in your lease regarding the number of occupants in a unit? I want to add something to eliminate a large number of people in a unit, and to eliminate people that aren't on the lease from movi...
Kevin Stein
Seller Financing, Down Payment, HELOC Etc.
Hello BP,Similar questions have been asked many times but I was hoping to get some advice on my particular situation.I own my personal home and a duplex that I rent. The duplex has ~55k in equity. My initial thinkin...
Armand P.
Private money lender
Hello,
I spoke to an investor/wholesaler who purchased a flip property in Texas sept of 2023 and didn’t have the funds at the time to get begin rehabbing. He is looking to borrow $50k with 10% interest. He already h...
Angela Jossy
How to get and keep a good maintenance person
As I prepare to make my second real estate purchase, I need to find reliable help. This was one of the hardest lessons from my first purchase. The stress of using unreliable friends and friends of friends was unbearab...
Patrick Orah
Advice Needed on the Tax Advantages with rental income investment
Hello BP community, I am looking for advice confirming what I think I know about tax advantages with rental income and help filling the gaps on some of the tax advantages/strategies that I may be missing.
To begin, I...
Bonnie Donahue
Setting up your biz? LLC? Corp? Partnership?
Hello! I'm new here and just starting my biz with my husband. Did you start an LLC, S Corp, C Corp, or Partnership? Our Accountant suggested that we do a partnership but I've read that a C Corp is best. We are going t...
Gabriella Vehrs
To Scott Trench: What is a good personal finance foundation?
In @Scott Trench's latest post on a potential crash, "Yes, I’m Afraid of a Real Estate Bubble—But I Continue to Invest Anyway. Here’s Why." He says,"I buy well within my means, with a rock solid personal financial fou...
Roger Doe
Where to Find the Best Contractors & Vendors
Where is the best source to find the best contractors and vendors in your area? Where do you go for referrals?To start the discussion, I'll say that you can go to Yelp and Angie's List for smaller properties. For bi...
Cal Ewing
How to brand my business. Little old me or Established Company?
I am looking into a name to use for my lead generation marketing (Website, Direct Mail etc.). I am wondering if anyone can give me feedback as to which of the following two approaches work better when it comes to gett...