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I purchased a home in Georgia a few years ago to utilize as my primary residence but just recently accepted a job in Florida. I've decided to turn the Georgia property into a rental but want to protect my assets by...
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Hi all, I was reading a book by Rich Dad Advisor Garrett Sutton and he mentioned opening a Wyoming LLC to hold LLCs operating in other states with weaker LLC protection. I wonder if anyone have done this?
My main qu...
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My (excellent ) tenant moved in 8 years ago, has never been late with the rent. The rental came with a washer dryer in the basement and I told her they are a courtesy - I would not replace them if they broke and now ...
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Hi Forum!I am relatively new to the world of real estate notes. I am working with someone at the moment who has experience in this form of investing and they are teaching me the ropes. I am wondering if there is a mor...
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I got my tax return, schedule E and my property due to depreciation, took a loss. Not sure how to feel about this? See attached Supplemental Income and Loss, statement.
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Hi I am looking for a loan for a short term rental property purchase. Can someone explain the difference between a DSCR loan and an investment loan that takes the rental income into consideration? Also, I have cash ti...
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I'm new to BP and REI in general. I've been an agent for over a year in Utah and now looking to get some rental properties. I am reading a lot of books and watching a lot of webinars. A lot of investors talk about the...
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Hey BP! Wondering what everyone uses to keep track of financials/documentation and in general just stays organized with all of their investing. I'm considering just expanding my storage space for my Google Drive and c...
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I receive many pricing guidance requests for Freddie & Fannie Multifamily loans, so I figured I can shed some light on how I as a banker price loans. This will largely be focused on how agencies look at pricing bu...
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I'm pulling $ out of a multifamily in NYC that has no mortgage. I'm looking in Jacksonville FL for multi-family properties. Does anyone have any suggestions of other cities (in the Southeast preferably) where there ma...