Hello, have a basic question. My rental property is under LLC and is under contract. Can the sales proceed be deposited into my personal account vs LLC checking account? The rational is use the proceed to purchase ano...
Hi All,I'm reaching out to the community about an electronic payment portal for tenants to submit their rent.There are a number of options including paypal and venmo. With Paypal, there is a fee they charge for comme...
I thought to open a new thread about Blacktip Construction Group who has taken peoples deposits. Many people were recommended to Blacktip Construction by RTR and SWFL Advisors. More of more people have been bringing u...
Hello. I've been through hell and back with my latest flip. Purchased it a year ago and went through a major renovation (added 2 bedrooms and a completely new bath for example). Come to the end of the project 2 days a...
Tenants and tenant candidates lie about having pets! This has been our experience over the years. Not all, of course, but a lot do!
A brief overview.40-year old S-Corp with a stable history and no past financial problems. Assets: $700K-$1M. Debts: Zero. Vast majority of assets are commercial, with less than 10% SFR. Clean, complete books and a...
Hello everyone.I have a question which need some helps. My current tenants are termianting the lease early. They have renewed an one year term little over three months ago, but have bought a house in late August.In th...
Hi BP Members,I just got my first property under contract! I am excited about this , but concerned at the same time. I've also lost my sleep over this for past 2 days.Here's why.As soon as I presented the contract to ...
Hello,I need your feedback please. The prospect tenant is a single mom living with 2 teenagers. She is working and taking master degree as well. I just use the recommended link to run her credit score check. The resul...
Can anyone familiar with FHA 2/1 Buy Down Program shed a little light. From my understanding its a loan that allows you to buy down your interest rate for the first two years of your mortgage. The third year your mo...