Michael Plaks
Syndication losses against active income
Posting my response to a client's question, in order to get my colleagues input on this issue.Q: I have an investor who is actively investing in real estate on their own & have no f/t job. So spending enough time ...
Sebby Vasalo
Auction.com and title!! please advise
Hello,I won two properties on auction.comBoth have judgements on them as per the preliminary title report and doing my due diligence I found at clerks office.Property 1) 8k lien from credit cardProperty 2) 2k and anot...
Karen Margrave
Can I Pick Your Brains on Blogging?
To all of you bloggers, I know some of you have blogs that are highlighted on BP, are your blogs also part of a blog that you do seperately in your business, or do you do them only for BP? Do you write a blog that goe...
Tyler Solomon
Vetting a Short Term Rental Lender
Full Disclosure - I am a lender myself, however I am curious -What do you all look for in a lender when going to finance an STR? What attributes are most important to you? What have been your biggest pain points while...
Mila F.
We only approve fixed dogs/cats. Are we supposed to exempt ESAs from this rule?
I have a young couple with a retriever puppy bombarding me with inquiries. I told them puppies and unfixed dogs would be a no-go for us. They said they don't plan on fixing the dog because they want to breed him (!!)....
Douglas Middleton
HELOC 1st Lien Position
Hi fellow BP Colleagues! I am searching for a lender that will provide a HELOC in the 1st lien position on 3 rental properties I own. I am finding lots of evidence of this elusive loan product around the BP forums,...
Greta Andrews
Cash Value Life Insurance VS Self Directed IRA
Cash Value Life Insurance VS Self Directed IRA
I know the two aren't usually talked about in the same breathe. Each would be compared to other products in the same wheelhouse. And they would be introduced by very...
Kevin Drouillard
How can I increase the chances of getting an rental applicant?
Hello everyone,I'm in a bit of a pickle with a couple of my rental properties. I currently have two units vacant in Kansas City, both in C class neighborhoods. They have been vacant for about the last 2 months. There ...
Chaim Rosenstadt
Tax on turnkey Cash Flow
Hiusing a 100K property as an example (turnkey), with a 25 year loan, 76K, 5.6% p.a. that would mean the first year roughly 4K interest, and the depreciation would be 100k/27.5=3.6K, so total 7.6K - 630 USD/month.Now ...
Shequila Hamilton
Is full asking price for seller finance too high?
I am looking at my first deal and wanting to ask for seller financing (I attempted an FHA Loan but my student loans are hurting my DTI). There is a single family home listed in a decent neighborhood with a basement ar...