Hello, has any used a debt service coverage ratio loan? Makes sense to me to get the loan based on the value of the deal. Plus, since I don't currently have a full time job, getting qualified for a loan isn't going to...
Hi! My name is Nick, and I am planning on buying my first rental property before I graduate from college. I ran into a little snag, and I would like to get some input from the Biggerpockets community.For the next 5 ye...
I have some rentals of my own and each is in an LLC with its own bank account. I’m about to begin being prop mgmt of a SFH for an investor with a separate company I have established. How do people handle funds? Do I p...
Hi Everyone!It's nice to e-meet you and I hope this message finds you well. I'm reaching out to seek advice and guidance as I embark on my journey into the world of private lending. My partner and I just started, crea...
I currently run two successful airbnb's in the Lake Arrowhead area, but was thinking about the ideas of corporate housing. Ie getting a place, furnishing it, and renting it out in desirable areas for the corporate wor...
Hi guys - im based in the SF Bay Area and looking to invest in some SFR's in Dallas with a partner. Would you recommend that I reach out to a TX based attorney to form an LLC or should i just go through the Legal Zoo...
Not trying to solicit here, just looking for some suggestions/referrals on good turn key companies in Ohio, I'm an out of state investor and was wondering about turn key companies, also if you'd like to share any good...
Hi,Is it appropriate to ask a buyer's agent to cut his commission to 2% to close a deal if I am selling my property as owner/agent?Thanks!
Hey all!So I just signed up for Buildium and wanted to hear feedback about using their platform for accounting. Currently I run QuickBooks, but their claim is there’s no need for QB as their accounting and reporting i...
Hi everyone,
I will have 2 LLC's shortly. How can I go about transferring emergency funds between the LLC's as needed? What about depositing personal money into an LLC or drawing money from an LLC to put in a persona...