Pradeep A.
Tenant not able to pay rent because of Coronovirus Pandemic
Hi,
My tenant is not able to pay rent because he claims that he got temporarily laidoff. I have a mortgage to pay on the house which is the almost same as the rent about $2100.
I am in a tough situation. What are ...
Nikolay Voronovich
Looking for co-signer.
Hello fellow investors.
I want to ask your advice.
I find home where I want to live. And I know I can pay for this. But can not qualify for credit. What I can offer to potential co signer to make it i...
Ken Cooper
Newbie from Los Angeles
Hi BP,
I am new to Real Estate investing, and am very glad I have found this site. I read the Ultimate beginners guide ( which was great), and have been working my way through the podcasts on my commute.
...
Andrew O.
Buyer willing to pay above appraisal, lender issues.
A restaurant owner is looking to buy one of our flips, bank appraised at $200,000, we are asking $230,000 and buyer is happy to pay $230,000. The extra cash the buyer wants to bring to the table is from the restaurant...
Andre Wilson
Is this a good 1st rental?
Hello BP,Last night I came across a good deal where I feel this can be a great opportunity to acquire my first rental but wanted more insight heres the breakdown:The property is located in the city where there is some...
Anthony Harris
Calclulating Cap rate
Hi All,I was hoping any landlords or flippers could shed some light on how they calculate the cap rate of a rental or flip? I know the formula is Net Operating Income/Gross Rental income. But what I'm not sure is how ...
James Hutchinson
Obtaining Finance as a Foreign Investor
Hello all,
I am new to this forum but am eager to get some useful information from people who may have experienced similar situations.
Basically, my business partner and I started an LLC based in Florida (both of us...
Kaitlin Bagley
Advice for diversifying
Hi all! This is my first post, but I have been a member for the past month and have just been so grateful a friend referred me here.
I recently sold my first primary residence and made out pretty well on it. It wa...
Andrew Namkoong
Real LLC Tax example
Hi everyone,I am trying to understand this whole tax situation with a LLC and how we actually get taxed.Say I have a property, under my personal name, that generates $1,000 per month on rents and $800 per month on all...
Lauren Hogan
Getting a Conventional Loan Under an LLC
Buying a property that will eventually be owned by a LLC, as "child" of a series LLC. There are two owners, however, for the purchase of the property - one owner is paying all cash, the other owner will be financing t...