Rob Wallace
Recommendation for mortgage lender who will lend directly to LLC
I’m looking to purchase a rental property in Cincinnati. My partner and I are unmarried and have set up an LLC with each of us as 50% members. We would like to purchase the property through the LLC with financing dire...
Nicholas Jose
Need help with my tenant rejection letter
Good evening, BP.
I'm writing my Tenant Rejection Letter and found some reasons online as to why a tenant is denied their application. So far, I have:
Application incompleteApplication contains false informationDeli...
Mo Sylla
The Deal to Make All Deals Possible.
Good morning ladies and gentlemen.I need your advice.My name is Mory. I am a starter in Real Estate Investment(less than 1 year)compared to the average.Still, i believe in challenges and it is my utmost conviction tha...
Tamara Shipp
Newbie ... but no spring chicken
I am nearing retirement age, and unfortunately, I have no retirement savings. My only nest egg is about $60K in equity in my primary residence. I also own (and rent out) a second property that has little equity but is...
David Weintraub
Friend Will Lose House - What to do if You Are Barry?
My friend "Barry" lives in a 3 bed, 1.5 bath in a very nice town in New Jersey. He rents for approx $3,000 a month, which is low for the town, but not for the property itself. The two homes to his right, one is on t...
Aaron Garrison
The lemons for my lemonade
Hi,
So I’m new to flipping houses and getting good deals in real estate, and honestly investing in general. I’m joining the forum today for two reasons 1 I’ve been listening to the podcasts for a long time and love t...
Kenneth Wong
Hello BP members!
Good day All.
I'm new to BP. Sorry for the long introductory e-mail, but I have a pressing concern.
I'm located in the Bronx in New York. I am about to take the NYS Real Estate Salesperson exam for th...
Christopher Za
Reducing Price on Commercial MF after Contract Signed?
Hi Everyone,We are in contract on a 9 unit MF. While we anticipated some repairs in our offer price, the inspection has revealed some more significant issues with the slate roof (expected) and the brick and chimneys (...
N/A N/A
What to do with my equity?
Hi, I have $1mm in equity in my residence. I owe about $600K and pay about $3400/mo in mortgage. Taxes are low since I have lived here for over 8 years. If I move to a like house, cost is about $1.2mm and then my p...
Brien OConnor
Accounting Set Up Basics
We already have one SFR and are about to close on the second one. Confession - I haven't set up my accounting yet. I have all my receipts and documents. I plan on using a bookkeeper and Quick-books. Any BASIC sugg...