Darius Thompson
If buyer ask to come view a property that I have under contract
If I have a wholesale deal under contract, and I have a buyer but he wants to see the property first what should I do? Technically I don’t own the property yet so I wouldn’t be able to let them view the insideHow does...
Andrew Marzec
Tenant want to break lease due to “serious medical issues”
Hi All- I am looking for some advice on a tenant issue I encountered this weekend. A little background first. I own 4 rental properties in a college town and rent to the students who attend the University. I have yet ...
Jeff Cupp
Owner Financing rules
I have been doing a ton of research on the HR1728 bill and the changes to owner financing. I am confused as to what the changes are and how to work deals to follow the new rules. I am not even sure this bill passed ...
Michael Aschenbrenner
Protecting assets with Land Trusts in Local LLC /Wyoming LLC
Ok, been doing my homework ... I am not a lawyer. If someone sees any problems with this, let me know.Let's see if this makes sense. I'm looking for the ultimate in external and internal protection of my assets in AZ ...
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quit claim property to an LLC
If a property that is owned under my name is quit claimed to an LLC that I have established do I destroy the protection that I am trying to get by having the property in an LLC?
Reading several books on real estate o...
Brandon Morgan
is an LLC necessary?
hi all, I am new to real estate investing and recently bought my first property a few months ago and got it rented out! I am thinking about the future and how I will purchase properties in the future. I often hear you...
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Net Operating Expenses
What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...
Ellie Narie
Do rental properties count in your DTI ratio?
I'm a little confused on how to calculate the DTI ratio. If a rental property is in your name, and let's assume that 75% of the rents offsets the PITI but you have no cashflow. Let's say you want to go out and get ano...
Ponni Carlin
Setting up multiple LLCs and Business Credit Cards
Hi Everyone! I am in the process of setting up multiple LLCs and need to manage the rents and expenses within each LLC. I need to get a business credit card for each one. Has anyone experienced how that impacts your c...
Kyle Neff
LLC - Must have or nice to have?
Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...