Paul Winka
Why is cap rate normally reserved for commercial REI?
Why is the cap rate normally reserved for commercial real estate investing? Do I look like I don't know what I am talking about if I market a SFR or duplex and mention its cap rate?
Jesse Richards
S- Corporations for rental property
Hi Guys,
I am new to this group. I have a couple rental properties and I was advised by my cpa to retitle them in my S-corp. He also wants my to have my rent paid to the S-Corp and start paying all of the bills for...
Cheryle Patterson
Tenant installed window AC in utitlies furnished rental
I have owned a 16 furnished room (dorm style) rental property for 14 years and never had a tenant do this. We rent the rooms for $395 per month and it includes power, water, sewer and garbage service. We keep the A/C...
Nicole Heasley Beitenman
Closing some of my credit cards makes sense to me. Am I correct?
Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
Aaron Millis
Mortgage vs. Free and Clear Tax Sales
Would it be fair to assume that most properties that go to tax sale are owned free and clear vs having a mortgage? Because I don't see how/why a mortgage lender would allow a property that is delinquent to go to aucti...
Max T.
Applicant A or Applicant B?
A is solo, recent law school grad, no pets, no smoke - but makes $200 less than the 3x rent rule.B is solo, no smoke, makes plenty of $$ - but has 2 labradors (sometimes). B is splitting up from a relationship with "p...
Account Closed
First REI deal looked promising but rehab costs keep growing
Calling out to all investors...How many of you thought you had at least a base hit on your first property and then, in the end it turned out to bite you (financially speaking). I am in the process of buying a foreclo...
Matthew B.
Bank keeps trying to change my locks and cut my grass!
I'm sure some of you have experienced this issue before. It's very irritating and I thought I'd post about it.I'm working on a flip, which you can see HERE. The property was purchased at a foreclosure auction at the c...
Tsering Lhamo
Brand new investor; just bought 2 properties!!S corp or LLC ??
Hi all,I can’t believe I made my first post in September on BP and now closing on 2 properties out of state!!! Excited about the fun journey of Real estate investing!!I have a question regarding asset protection and t...
Constance Chambers
Insurance & Tax increases have KILLED CASH FLOW
Yes the Title is a little Click baitey.. but i feel we are not seeing enough attention being given to this important realization in many markets. Honestly, this applies to primary mortgages and investment properties...