George P.
Security check bounced ... I screwed up!
Hey BP,So like the title says, I screwed up!Okay, story time.I rented my place to three tenants that met each other online. I did a background and credit check on all of them and it looked good.I requested a cashier's...
Bunmi Olawale
Section 8 for tenants without permission .
Is it right for a landlord to be receiving Section 8 on behalf of tenants who are paying regularly and unaware of the section 8 on their names?
Kristen T.
How do you handle repairs and sending a contractor?
We've been landlords for almost 7 years and never had any problems with letting the tenant schedule repairs with the person of our choosing for their own convenience, then the contractor just sends us the bill. This ...
Kim Hopkins
Using an LLC as a Guarantor on a Commercial Loan
Hello!We are working with a credit union on a loan for a commercial property acquisition. The loan is full recourse. In the past, we've just listed ourselves as individuals (or maybe our trust, I forget) as the guaran...
Jahan Habib
Advice regarding investing in Anderson IN
I am evaluating this town to see the investment potential. I know it's a struggling town, however I'd like to understand the tenant mix/longer term viability. I am not looking appreciation but rather cash flow. Defini...
DyQuan Bowers
Buying Smaller Properties First
If I wanted to start out buying cheaper properties around $50-$60k and putting them on section 8, will buying them through an LLC keep my DTI ratio from being affected? Will this have an impact when I want to go and b...
Tyler Lingle
OOS or Local?
I'm the listing agent on now 3 current failed OOS investments. In each scenario there were patterns I noticed: - The investor bit off a large rehab with almost no experience managing rehabs before in their real estate...
David Yamamoto
Divorce - refi primary options
So, going through the big D and obviously this has turned things upside down for me... I am staying in the primary residence, wife is moving out and keeping our single SFR out of state investment property. So far th...
James Paine
Do you want to be more Charismatic??
The Charisma MythIn sticking with my goal of reading 52 books this year I though I’d give a report on The Charisma Myth that I just finished up which is book 2 for the year. This book is power packed full of tools in ...
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Is this a capital gain?
I'm involved in an assignment or a double closing. Party A is selling her home ( personal not eligible for 1031 I dont think) for 375,000 to party B, then B will sell it or assign it to Party C for a FEE of $50,000.
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