Edith TenBroek
Question about partnerships on flips, and a mini rant...
Hey all,I have some questions about how you have structured partnerships on flips. We have a friend who has the money to purchase the house. We will fund the renovation through personal cash and renovation loans. W...
Jon V.
Probability of positive ROI on direct mail spend?
Hello guys,After lurking around the forum for a while, I finally signed up. This is my first post!So many knowledgeable and helpful people post here. I've learned a lot just by reading (and reading, and reading...)I w...
Carter J.
401k liquidation considerations
Hi all :) I'm considering liquidating my 401k to buy rental properties. I currently have 4 and they're cash flowing quite well.I've been reviewing a few discussions here on BP that discuss the benefits and disadvantag...
Lesley Cabrera
Need guidance afraid of being taken advantage of and would like some input
So I have a commercial property that my parents gave me control of a couple years ago. After much headache and of learning what and how to do things I have decided to sell the property. There is not much owed on the p...
Mahdi Mike
Pick a city in DFW to buy a rental properties
Between cities below which one you think is better for buying a rental properties and why?1. Irving2. Plano3.. Frisco4.. Richardson5.. Allen6.. Other
NaTarrio Jones
Umbrella Policy vs LLC
Hello BP. I have 3 units (Texas) in my personal name and I have a four unit (Louisiana) under contract also in my personal name. I do have an LLC but my intent is to max out my conventional loans before I begin to p...
Danielle Scott
Should I put my home's title in an LLC?
I'm looking for my first house and plan on renting out the extra bedroom part of the time - airbnb or traveling medical professionals mainly. Should I consider setting up an LLC and titling the property in its name? T...
Thomas Smith
Buying out a Partner
I am in a partnership in which we currently own 11 units together. A couple single family and a few multifamily. I put myself into the unfortunate position of being in a partnership that is 95% me and 5% the other g...
Matt M.
Can child support take my rental income if I live on the property?
My ex is rather spiteful, and I'm really hoping that she doesn't have any legal entitlements to my rental properties. Theres no alimony payments, nothing special about the divorce, she's already taken all of my hard e...
Account Closed
Retaining deposit after terminating with cause
Rented to a man with one dog. After it turned into man, woman, 5 dogs, 3 cats, and rent paid apx 30 days late every month, I served a 10 day notice under the basis of terminating with cause. They did leave within 10 d...