Carly Stewart
Recommendations for Indianapolis CPA
Hi All - First time poster here! I've been monitoring BP for quite some time, listening to all the podcasts and reading everything I can about real estate investing. My husband and I live in Chicago with the intention...
Jeff Caldwell
Setting up accounting on my first rental
Just closed on my first (turnkey) rental property and I realize it may not be a good idea to have all my deposits and expenses related to this house going into and out of my personal checking account.Any ideas on how ...
Casey Gray
Leveraging primary residence
My wife and I are considering leveraging our primary residence to purchase our first multi-family rental(duplex). Curious who has used this strategy and what's a good rule of thumb.
John Sherron
Private Lender Screening
Quick question, is anyone familiar with John D. Bayer or Kevin McNeill?
Both are private lenders.
Can anyone give me some good general questions to ask when screening private lenders so I can make sure they are legi...
Miguel Diaz
What about the mindset??
Hello BP community, I would like to start saying that I love BP, it's a great way to learn, connect and meet a lot of mind liked people; in such a short time I think I have done a lot through BP, thank you all. I've b...
Mike Schorah
If you’re doing a JV, do you apply for HML separate or together?
If you’re doing a joint venture, do you apply for the hard money loan separate or together? And why?
Greg Gangle
Should investors incorporate?
Hi EveryoneAnother question I have is whether or not to incorporate/holding company etc. I now own 5 rental properties that are in my personal name. I’m a buy and hold type of person. I also leave all the cash flow fu...
Amber K.
Eviction in Michigan
A situation has recently come to my attention regarding a potential eviction in a mobile home park. I understand that a 30 day notice is required in Michigan for evicting someone. Is this true for all situations warra...
Nate Castle
Investor loan 4 unit and under.
Can someone please explain how an investor loan works for a 4 unit and under?I know it will be 20-25% down, but how does the loan qualification work? Is it based on my income like owner occupied is, or based on the pr...
Stepheni Larson
Tax deduction for rental property using Home Equity Loan
Hello BP. How do I interpret this - "According to the advisory, the new tax law suspends the deduction for home equity interest from 2018 to 2026 — unless the loan is used to “buy, build or substantially improve” the ...