Chad Potter
How to pay rent and avoid piercing the LLC veil
We just started a rental property business. We have purchased 2 homes in our personal name. Both properties will be deeded over to our new rental property LLC. The mortgages for both properties are in our personal ...
Travis Olson
Set up LLC for first deal?
I want to buy my first duplex with 2 other partners. Should we all as individuals buy duplex's using FHA loans or buy a duplex under an LLC? If we all buy as individuals under FHA, can we sell the properties to our ...
Brandon Elliott-Pandey
Interesting question from a Client, " What is a house"
I was having a discussion housing recently, in a philosophical sense, and came crossed a seemingly simple but profound question...What is a HOUSE?Seems simple in theory but everyone's definition is a little different....
Account Closed
How to report rental payments to credit agency
Hi. I'm about to buy my first rental home and it's already tenanted. I'm going to self-manage the property. How can I ensure that my tenant gets the "credit" for his on-time rental payments from the credit agencies?...
Stephan Shenk
Mentor/ Contacts (Jacksonville, FL & Savannah, GA)
I'm new to real estate investing but I have a strong construction background working as a Senior Superintendent for a large contractor. I live in Jacksonville, FL but work up in Savannah, GA. I'm trying to find groups...
Kyle Collette
Multiple deeds, multiple contracts, one note
Hey BP, need some guidanceWe are currently in negotiations on an 11 property portfolio (have been for over a month and a half). Purchase price: $625,000Owner financing: $385,000 (3-year balloon)Private investor provi...
Jasen Bankson
Probate - Represented by an Attorney
I'm working to develop a direct mail list of probates based on public records in the area and I'm finding that in the list a number of them are represented by an attorney (instead of the individual). In the cases whe...
Christian Hilbrich
Calling all Debt-to-Income specialists!
Property: Airbnb Condo in MontanaTitle: in LLC (Bought in 3 partners personal names Chris, Tim & Gabe. Warranty Deed transfered to LLC.)Loan 1 - Mortgage: guarantors: Chris, Tim, Gabe (Second Home loan 20% down)L...
Colton Joseph
Best company structure for my situation?
Hello, and thanks in advance for reading!I am a real estate investor in Central Texas, and have thus far been a Sole Proprietor come tax season. We are starting a new family business constructing, and selling Spec hom...
Bernard Joseph S.
4 new construction SFR in a trust, umbrella or?
Looking for best of both worlds in pricing and protection. I have 4 new SFR that will be completed at various points in April/May this year. They are being bought in a trust and are the only properties in there as of ...