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I have 4 properties. My attorney suggests the best thing for me is one LLC per home. I asked my lender, who is great, and she has concerns with individual LLCs - she says many lenders will not lend to LLCs or properti...
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Hey BP - I'm looking for some advice on potential tenants I am screening. I have a couple applying. They are not married.One of them meets all income and credit requirments having a 729 credit score. So by themself...
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Having a hell of a time with the Detroit rentals. I've been trying to evict a tenant for 5 months! I've never seen a city offer free legal aid attorneys at the court house and allow tenants to delay proceedings if th...
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Has anybody here had any experience buying notes that are in default? If so, can you share a success story and how you got there?
Thanks
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My topic is a bit misleading so I will start with a brief story :)
I lost the house in our divorce, but my ex was unable to get approved to refinance it, and after she missed a couple payments I took her to court and...
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Hi, I've been a BP member for a few months now and I am so glad to be connected with so many great minds here. I did some private funding thank to this BP network and now I am thinking of moving one step further. I am...
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I sold my last single-family house in my portfolio recently. I can proudly say I have never lost money in real estate. On some deals, I profited and on some, I broke even. The funny thing is I learned more from those...
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I'd think most new owner doesn't refinance the property, so the loan still under the person who passed away. That should make the new owner more open to subject-to deals right?or did I miss anything?
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Hey Columbus investors,Checking Zillow lately and comparing results against a less-heavily-invested-in city (Cleveland), I seem to be seeing a pattern of an overbought and cooling-off real estate market here. Even th...
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I wanted to see if anyone has been able to (legally) avoid paying self employment taxes on the profit from their flips. I met with an accountant and he said I would have to pay a 15% tax for self employment - essentia...