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Driving for dollars with no leads
Hi BP,I need your advice.I drove for dollars at about 15 houses per hour. I found about 600 properties. I sent postcards via gobigyellowletter.com to the 600 properties, yet I only received ONE call... and the one cal...
Brett Loetz
Will I pay ordinary income or long term capital gains?
We are selling a property we have purchased in Nov. 2018, and are scheduled to close on May 8th.We did a rehab on it, used the brrrr strategy and rented it out from June to January to a short term insurance deal that ...
Anna Delos Santos
Restricted breed Pets and insurance
Hello,Is there Any way around a restricted dog breed? I have a potential tenant that has a bulldog. Isn’t the purpose of the pet addendum suppose to protect me as a landlord and also the tenants have renters insurance...
Abdul Azeez
Need input on Memphis 38122
Hello Folks - I am looking at two properties in the below area in the 38122 neighborhood. Properties are 3/1 and 4/2 and one them is rented for $800 and other is expected to rent for $850. Although there are pockets o...
Jeff Iverson
Advice on Short term Vacation rentals in Northern Wisconsin
I am curious about the viability of vacation rentals in northern Wisconsin, in particular Minocqua area. Cabins vs. condos, on the lake vs off, summer vs. winter. If you have experience please lend me your experienc...
Jarrod Murrell
SBA Loan-EIDL: working capital
I recently received my SBA relief loan, and was reading through the terms. The loan is to be used for working capital, and i have some questions as to how far the use could really reach. Does anybody know if the loan,...
Jeffery Scullark
Buy and Hold...in a flood zone
Long story short, ran the numbers on a property that looked like a great deal. After getting prepared to make an offer, I looked up the flood zone information and, behold, it was in a 500 year flood zone. After revi...
Ryan Starke
Freddie Mac CHOICERenovation loan
Hello BP! Recently I have been looking into the new Freddie Mac CHOICERenovation Loan. Its a newer loan that looks right up my alley for my future investment. Has anyone ever tried this? What are the differences betwe...
Satyam Mistry
HOA Restricting Rentals
Hello, I know this is a common topic that comes up, but wanted some input on best way to proceed with this particular situation. I have 3 condos in a community of about 70 units that are managed by an HOA as well as a...
Gaby Liu
What address to use for EIN application
Hi BP members,
I have formed an LLC in delaware for my FUTURE investment property maybe in Midwest or south,etc. but I live in California, When applying for EIN, it asks for a physical address. Which address should ...