Alis B.
LLC Owned Rental Prop Financing Woes (TX)
Beginner's oops! Looking for way to finance my LLC owned rental. I have a fabulous lender and told him we were looking to purchase a rental property. He sent over prequal pprwork. I didn't think to mention that our LL...
N.A. N.A.
Basic Questions for First Timer
Considering buying a duplex for my first home to live in one side, rent the other.
I have a few concerns:
Buddy of mine was saying that in his lease, he is going to write the lease in a way where...
Latoya Beckford
Sole Proprietor vs LLC
Are there any RE agents whose long-term goal isn’t to remain an agent and/or own their own brokerage and have been successful operating as a sole proprietor?
If so, what steps did you take to separate your business f...
Alex Brandt
Deal Analysis - East Linden Ohio (Columbus)
Hello Everyone,
First of all, please notify me if this is not the correct forum for this topic - I only seek your advice. My business partner and I are pursuing our first wholesale deal in East Linden Ohio (Columbus...
Christopher Davis
Tenant security deposit deductions: soft things like time and labor?
Currently doing repairs from a tenant departure. Shocking how little regard people have for a brand new house that doesn't belong to them. Life lessons!One of the allowed deductions beyond material damage is wear tear...
Peter Turner
Fee/rent structure setup for Rent to Own suggestion
Hello,
I am thinking about doing a rent to own on my personal home.
Would you please suggest a fee structure that would be appropriate for my situation? I mean, how much down payment, rent, monthly allocation to pr...
Steven Laub
New investor intro: Steve
Hello everyone, I am new here on the BP site. I cant stop listening to the BP podcasts since I found them. I am currently working/living (more like surviving) in the Middle east. I have been here for about 4 years and...
Ryan Duncan
LLC vs Umbrella Policy
Hey everyone, I have a few rental properties and looking to add more to my portfolio. They are all owned personally and not under an LLC. I understand most of the pros/cons of having an LLC own my properties. Such as ...
Dave DeMarco
Question about rents being deposited in LLC
@Russell Brazil @James Wise @Andrew Postell @Michael SwanI have 5 rentals, 3 in Tennessee and 2 in Ohio. I have an LLC set up in North Carolina where I live. I paid cash for the properties and then took out equity lin...
Joel Ray Cotton
Seller Evicting tenant on a property I am buying.
I am buying a book of 6 properties, the seller that is pushing to sell quickly. The problem one of the properties the tenant is 5 months behind on the rent and he just started the eviction process. From my research I ...