Kyle Godbout
Recommendations for landlord insurance
Hi there.
I am in the process of converting 5 properties over to an LLC and refinancing them with a business loan. They had been insured under my partner and myself. I will have to get new insurance under the LLC and...
Alicia Yoder
Elected to be S Corp and now don’t want it
Hey guys,I have a dog walking company and was improperly told to elect S Corp status. I don’t make enough in the company for that to be advantageous so I would like to cancel it but not dissolve the company completely...
Doolan Wesley
DEVELOPING THE INVESTOR MINDSET
When in my senior year of high school I started developing an interest in the stock market and investing. As I was a kid and didn't have much money to start a portfolio myself, I would just follow some companies that ...
Michael Nahm
Potential tenant with awful credit
I have a property up for rent and received an application from a very eager gentleman. He gave a really nice impression, has steady employment and has been renting for a few years at the same place.However, he has aby...
Matt Beans
business
I, like many others, am new to REI. I also have a copious amount of questions.
1. do I need to start a business in order to wholesale real estate? why/why not?
2. what is the process from beginning to e...
Matt Beans
closing an assignment
After getting a property under agreement with a Purchase agreement, what do i do? i hear get the title checked by a mortgage company? how do i get the title? After finding a buyer do i give them the Purchase and sa...
Cameron Riley
Best/professional rejection message for applicants of my rental?
NEED HELP! I charge 20.00 APPLICATION FEE ( non refund ) and then pay a third party to HELP me choose the BEST possible tenant for the UNIT. Credit usually isn’t a big factor However, I always have to reject around 15...
John Vanhara
Phase 1 & Phase 2 - contamination by third party and risks
I am writing an offer on industrial warehouse in Los Angeles area. The area is known for contamination of underground water due to oil extractions & heavy industries. Many transactions come with something found on...
Kasey Destache
Declining an applicant
Hi BP Fam! I have a question as I am new to landlording. I have a back house in the Marina Del Rey (90066) area to be rent out. So far, I have one applicant (a couple moving from out of state) but they do not meet our...
David Moon
BRRRR - Refinance Question if Shopping for Rates
Hello BP Community! Newbie real estate investor here looking for some insight on the Refinance step of BRRRR.
I am planning on buying a home cash and utilize delayed financing for the property. Given the interest rat...