So here’s a silly scam that I’ve never read about. I use Cozy as a PM tool, and as great as they are, they were no help on this one. So I just evicted one of my tenants, and right before she left, she disputed her la...
Hello Everyone,I hope everyone is well this morning. I’m taking an online class and the subject today is Owner financing. I have a question in regards to carrying back a second mortgage when owner financing. The mater...
Hey everyone. I'm new here to BP and hoping to get some great advice and encouragement. I'm looking into the BRRRR strategy and currently building my team. I have run into a few questions, really just wanting to make ...
I am closing on a multi-family soon and the mortgage will be in the LLC's name. All income and expenses will be handled by the LLC. The problem is that I am using a HELOC to assist with the downpayment for the loan. I...
I am going to buy a property with a SDIRA. Will need to insure it. The IRA is in an LLC. Since I cannot have anything in my own name, the insurance would be written to the name of the LLC. Are there any special co...
Hi I have a real estate LLC that was recently started. I want to open up a bank account for the LLC. Wanted to know what is the best kinds of bank that is real estate investor friendly. Just don't want to walk in to...
I'm trying to get a better understanding of how much of my rental profit I may be able to keep. If my AGI is $150,000 and my rental profit is $24,000 for the year, after paying the PITI and expenses, in a rough estim...
Hello,
As a new investor (in California), what questions should I ask the escrow officer when I'm trying to select a company for my deals (foreclosures, subject-tos, double-escrows, etc.)?
Daniel
My checkbook IRA owns a rental property. The rental income just sits there in a non-interest bearing account until I invest in something. This bugs me. I am currently self-managing the property but I'm considering swi...