Maverick Priest
My tenant has someone else living with them now
My existing tenant has a roommate now, what paper work should I have the roommate fill out. Due to my tenant being excellent I've decided I don't need to run a background check or credit check on the new person since ...
Hongmei Zhang
Real Estate Property LLC and Tax Preparation
My first post, so please bear with me. I have a rental property in Texas. I set up a LLC last year but yet to deed the property to the LLC. I've set up a bank account for the LLC and started using the LLC bank account...
Greg Scott
Cashflow vs Appreciation - Debunking David - Midwest wins!
In a recent podcast David Greene answered the question of a young person from San Diego. He commented that total returns in the Midwest are poor because they don't appreciate and rents don't go up. He specifically c...
Anurag Pulla
Moving away from property management
Hey everyone! I am new to bigger pockets and relatively new to real estate investing in general. I have two rentals in the outskirts of Atlanta, GA and I am using a property management to manage these. After joining b...
Staton Jobe
Should I renew my title insurance?
Hi - my wife and I just changed deed ownership of our first STR property to an LLC we created. When we switched over we lost the title insurance we initially purchased when we closed on the home. If we repurchase titl...
David Elliott
Commercial Loan and Personal Guarentee
How is a commercial loan to an LLC (s-corp) with a personal guarantee considered in a primary residence mortgage application?I currently have four rentals and a primary. My DTI is around 60%. I'd like to build in a fe...
Cody Smith
Invest now with debt, or invest later debt free?
Hello BP community, quick question for ya. I am a new investor, soaking up all the information I can and building my business plan. I have two paths I can take to begin investing, wondering what you guys think or sugg...
Greg Mckeever
Analyze this Deal? Live In One Side, Rent The Other- Duplex
I purchased my first Duplex property about three months ago for $75k, using FHA 3.5% percent down. The original plan was for the tenant's side to pay 100% of the mortgage / taxes / insurance / PMI, while I cover trash...
AL Brown
Can I do a Cash Out Refinance on a property in my LLC name
Is it possible to do a cash out refinance on a Multi rental property in my LLC name? If so, will they allow me to keep in my LLC name? Have the property for a little over 2 years now. Please advise.
Matt Pitschman
llc or not for first investment (pittsburgh)
I am trying to get things into place for my first buy and hold property. A friend and I will be working together to find a duplex in the Pittsburgh area. At this point we are trying to find financing, an attorney, ...