Emily N.
Need advice on hiring
I work for what used to be a small 'mom and pop' real estate company that has, over the years, expanded to owning almost 800 apartments across the country. They are dispersed in 5 different apartment complexes. They o...
John Morgan
Quick LLC tax filing question
I formed an LLC for our six properties mid way through 2018. My property manager for my one out of state property wants to know if I will be filing my taxes under my name for 2018 (like they’ve been doing for the last...
John Mireles
Walking Away from an SBA Loan?
Has anyone here ever defaulted on an SBA 504 loan. How is it dealing with Colson's Servicing? Did they attempt to enforce the personal guarantee? Was bankruptcy required?
How about a short sale? How was that handled?...
Keith Jourdan
Do your tenants call/text your personal cell phone?
I have been thinking about buying a "tenant only phone" for a while now. Getting texts and calls on my personal phone at all hours is not ideal .
Tony Castronovo
Tenant Screening Tips
I'm working on just my third property (one being a flip and the other a rental where I used an agent / property management company). I am going DIY on this one to find a tenant. So far, I setup a listing on Cozy and...
Jay Richards
Not piercing my own veil
I have recently begun my journey into investment real estate. Two houses held under seperate LLCs. I am concerned about how I can expense things that were purchased on a personal credit card (building material and h...
Matthew Rembish
Home Equity Line of Credit
So I recently met with a contractor who does many rehab flips a year and being a new investor, I asked him what was the best way to fund these kinds of deals with the limited money I currently have. He told me to go t...
John D.
LLC question for the attorneys in the BP community
Hi all!I have read several of the "should I start an LLC" forum posts for individuals getting started in the REI investing arena and I wanted to see if I could get insight from the pros in the community regarding my s...
Salvador Andrade
Rental insurance under my LLC
Hello everyone, my question is in regards to purchasing rentals under my single member LLC in Indiana. When I purchase my rental properties under my LLC, does the rental insurance have to go under my LLC's name or my ...
Armand Farr
Deductions that flow to personal income
Hey guys - I work full time and I'm looking at buying my first rental, holding it within an LLC.I know investment property mortgage interest can be a deduction against my personal income (even if the property isn't ca...