JOSEPH GSELL
What you have to LOOK FORWARD TO !!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $140,000
Cash invested: $8,000
SHORT SALE DUPLEX,
Bought in 2012 for $140,000
$900 TOTAL monthly out (exclud...
RJ McGuire
My first flip (or should I say flop?)
Investment Info:
Single-family residence fix & flip investment in Topeka.
Purchase price: $85,000
Cash invested: $20,000
Sale price: $120,000
Complete remodel inside and out. Finished basemen...
Dan Kim
When should I open a new bank account for my rental properties?
I'm just starting out and I don't think I'll create an LLC to invest in my first few rental properties. Should I still create a new bank account (and get new debit/credit cards) for all the income/expenses for these r...
Ying B.
Hiring Inspector for Move-in, Move-out and during tenancy
I have a property south side of Atlanta. I plan to self manage (had very poor experience with 2 PMs).I would like to hire out the services for move-in and move out inspection and during tenancy conduct periodic inspe...
Tony Lo
Michigan Security Deposit returning Interest
I have several duplex in Michigan which I usually place the tenant's security deposit into an Interest bearing savings account (getting very little interest at today's rates). In Michigan I could not find anything in...
Brianna Tardi
closing on first rental property - seeking organizational tips!
Hi BP.... We are soon closing on our first investment property and decided we will manage it on our own, but now I need your help. I've read and listened to many BP forum/podcast and it seems like we are going to star...
James Sudarsono
Can only one member of a multiple member LLC change to an S-corp?
I am a part of an LLC with 3 individuals in the partnership. Can I somehow swap only MY portion of the LLC to an S-corp that I solely own, or do all 3 partners now have to be S-corps?Current structure:We <3 Real Es...
TIM HUGHES
refi from va loan to conventional
Hi BP,Heres my question..i am being told by a lender that in order to refi from a VA loan to conventional the change in loans will have to be beneficial to me..in other words the loan should have a "shorter term and /...
Jehan Jaleel
Two quick newbie questions on the income 3x more than rent rule
Part of the tenant screening process is their income must be more than three times the rent. But is this their pre tax income or post tax? Also if a tenant does not have this, would you reject them right away or is th...
Becky Ta
PACE MORBY REAL ESTATE PROGRAM and COMMUNITY is PRICELESS!
I was not a believer until I actually started meeting the community members and actually met Pace at a meet up in Austin. I literally signed up that night!!! Here's why!
1) the testimonials from random subto people I...