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...
Ami Son
Creating a separate bank account for rental.
Hello everyone! I am in the process of getting my first rental, a 4plex. I definitely would like to open a separate bank account for all income/expenses/deposits for the rental. Because I am such a beginner, even thou...
Amy Lin
Recommendation for Texas Realtor licensing courses
Hello,I am wanting to to get my real estate license hopefully by end of this year. I would like to look for an online course that I can do it on my own time. I also don't need tons of support. I am good at test taking...
Varinder Kumar
starting your own property management company
we have a multifamily property and we would like to have more savings via write offs. is there a way of creating my own property management company maybe under LLC Or some form of entity and then have that manage the ...
Jacob Benninger
Investing With Family
Hey Gang!I had a very interesting conversation with my Father in Law the other day, that opened up an opportunity. I'll give you the back story and then ask my question.Backstory:I am a recent college grad with my fir...