Dan M.
Paying off primary home to increase cash flow?
Dear community,So I have a really weird idea definitely not the normal "strategy" and Id like to hear the pros/ cons from everyone regarding this. I'm selling, yes selling! not cash out refinancing and maximizing my l...
Jason Patterson
Delinquent taxes - homeowner just wants out
I've talked to a homeowner who inherited a home from her mother, hasn't paid taxes since 2008, and doesn't want anything to do with property - no profit from sale at all, just wants out. Per the tax lawyer the taxes a...
Bian Dahab
Income verification for travel nurse
Hi, I have a prospective tenant who is a travel nurse on a 13 week assignment. The background check, credit check and eviction history came out fine.
But the candidate is refusing to provide a verification of income...
Jill McCann
Legally Minimize Capital Gains
My mom and uncle inherited family property when my grandmother died 10 years ago. My uncle has lived on the land his whole life including after inheriting--it's his primary residence. The land is comprised of a few ho...
Bryan Miller
Borrower about to loose house - Creative Financing Ideas Needed
So I received a call for help on this scenario. Trying to figure out how it could work. Borrower faces foreclosure sale next week. He needs $19,000 to bring his first position loan current. He is living in the ho...
Tony T.
Inflation Coming Soon With Bailouts? - Where to Put $60,000 Cash
I have recently paid off my loans for my rental properties and I'm starting to accumulate cash (I took it out of the S&P 500 ETF when it was at 3300, now at 2300, predicting this massive stock drop would happen **...
Vincent Gamboa
Which comes first? Company or the properties
Hello all,I am newer to REI as well as BP and I'm close to looking at actually obtaining my first property. I was wondering, is it better to start a company such as an LLC before I start buying properties? Or does it ...
Benjamin Fye
Financing more single family rental homes.
Hi, very new to this site and have been listening to the podcasts (which I feel are a wealth of knowledge). I will give a little bit of a snap shot of what I have going on. I live in MN in a city of roughly 90K peop...
Patrick M.
Screening and New Tenant Intake Procedure: Any Suggestions?
Dear BP Community:After rehabbing my first unit and getting all my ducks in a row, I am on the cusp of being ready to go out on the market for the first time as a landlord. I am excited, and nervous! I would love to g...
Dale Vance
Cash out refi to buy more real estate.... why?
I hear all the time these investors who talk about buying a property, fixing it up and then pulling all the money out to buy another property. What I can't understand, is that if you pull 80% of the equity out to buy...