Robert Cabral
Legal Question - 3 way partnership terms
Hey Bigger Pockets Team,I am going into a partnership with 2 other colleagues and buying a property. We are creating an LLC, and for now the mortgage will have to be under only 1 of the partners, because he is the onl...
Kenny N.
LLC, dba, license filing questions
I am planning to file an LLC in AZ where my first rental is purchased.
1. Can I file LLC using online services and generic operating agreements for a married couple? manager managed instead so only my name is displa...
Steven Kostner
New to the bigger pockets community
Hi everyone, I just wanted to introduce myself to the community. My name is Steven, I am located in Edmonton, Alberta. Currently, I have one STR through Airbnb which is doing fairly well and looking to purchase my fir...
Jim Pylman
Putting a picture of yourself on DMM?
I need to switch up my direct mail and am considering putting a picture of myself and maybe even a small, "about us" in there as well.. Has anyone done this and seen a higher response rate? My marketing is pretty uniq...
Amir Mohammed
How to evaluate a private lender
Hello BP Community,
I reached out to a private money lender. His company has been active for the past six years. There is no company website or phone number, I looked up the address on google and it matches at six d...
Keith Sehi
LLC for properties different states
I currently have a llc in Illinois but will begin construction for a str on kentucky lake. Can I put the kentucky property in my illinois llc or form a new one in Kentucky. I currently don't have anything attached to ...
Kiel Martin
Buying homes for cash
Hello all. I have never purchased a house and I am about to. I plan on purchasing rental properties with cash from $15k to $40k. What I was curious about is the closing cost of these types of homes, is it really on 3%...
Michael DeFrancesco
Is the Denver market in a Bubble.....?
New to BP and moving to Denver and hoping to begin my journey in REI.Does anyone have an opinion on the market in and around the Denver area. My understanding of it is that home values and rent prices have skyrockete...
Karen Margrave
FANTASY DEALS
As a developer/builder there's always ideas swirling in my head about "fantasy projects" I'd like to do someday. One that is just outside our grasp right now, and I'm sure all of you have some too.
If you c...
Account Closed
New credit report rules require 30 months of payment history
Just saw this story here: http://bit.ly/2d6Px2RThe gist of it is that beginning tomorrow Saturday 9/24/16 lenders will now consider a mortgage applicant's payment history over 30 months to determine their credit worth...