Matt V.
Financing Deal When Relocating and Finding New Job
I am looking to relocate and when doing so would like to buy a SF home to live in for 1-2 yrs while we rehab it then turn it into a rental. I have found a decent REO that the numbers work well on, having both good equ...
Taylor Witt
Rental paperwork, payments, and deposits
My wife and I recently bought a family cabin, but we also want to rent it out by the week and/or month during times we aren't planning on being there. Our County will not allow us to list on VRBO or Air BnB unless we...
Kate K.
Rent payments through Zelle in IL?
Hi BP Community! If a Landlord is not considered a business yet (properties are not in LLC), what I was told by our bank is that our tenants cannot set up direct deposit with us. So we were offered Zelle, Venmo or Pay...
Austin Bright
Getting to list for rent for the first time
Hi guys,
I'm getting ready to list for rent for the first time and am curious about your rental application criteria for tenants? This is what I'm thinking. But honestly, it seems like it might be too cumbersome? I'm...
Rob Fordham
LLC
Should I have an LLC before a buy a rental property? Does anyone not have an LLC and have rentals? How hard is it to set one up? I am in the Columbus, Ohio area
Dorian Green
Top 3 Self Directed IRA Companies
Hello everyone. My Name is Dorian. I have a quick question for the anyone. I'm thinking about rolling my 401K over to a self directed IRA. Any recommendations for a few of the top ones, especially if good amount of my...
Amanda Wilks
Subject To Purchase
Hi fellow bp investors! I have an opportunity to buy a property subto. The property is upside-down in equity. The market value is around $220k. The current loan balance is $235k with a 5.12% interest rate. The average...
Tina Lubben
Tenant Storing Affects on Rental Property
I purchased a multifamily and found out tenants are storing personal items in a detached garage that is about 100 years old, and in disrepair. The home inspection revealed severe insect infestation, broken windows, an...
Walker Seid
Taxes
Lets say I rent a house out for $1200/month. My mortgage is $560. Expenses are (taxes $150, HOA $30, Ins $25) $205/month. Do I pay taxes on $1200 or just $435?
Adam Bossen
The Next Level
Happy Monday BP!I come here humbly saying that I'm not sure of the next move. 12 months ago almost to the day my dad and were very blessed with some great guidance and advice and jumped into the real estate world not ...