Private money, non-bank lenders, also called hard money lenders have always lent money without the need of a mortgage licensing. But the financial reform following the real estate meltdown, namely the Dodd Frank Act, ...
I have been reading all the blogs and posts within this site as well as books others have recommended. Amazing amount of information! We are busy getting our first rental SFH ready and I am behind on my formal introd...
Hello I am a relatively new Investor and am uneasy about a potential tenant. Would some of the more experienced landlords please give me some input? (Be gentle) I have an A+ SFH a week away from completion in an A+ ne...
I am planning to invest in real estate using the new every two strategy with a twist. Instead of selling after two years, I plan to keep my previous properties as rentals. I have a full-time job, so saving up 20%...
I'm trying to push this deal through. The potential upside is enormous. The short term is challenging. What are your thoughts?Asking price: $127,000Triplex, fully rented, owner occupiedMain floor (and full basement): ...
I started buying rental properties in 2010. I had 11, now have 8 single family homes. 4 of which I bought in 2021 using cash out refinances from the other 4.
Cash flow is 48K a year after accounting for vacancy and ...
Hi BP. I am an full time employee and hold a real estate license on the side. I have one sfr that I'm holding with plenty of equity but it is under long term lease agreement and I don't want to leverage HELOC as I in...
Hello all, my first post here. Tried searching but couldn't come up with the answer I was looking for. First im looking for an opinion on the legality of my late fee clause pertaining to charging a 5% late fee for 1) ...
I have read through the numerous rental open house posts here on BP and didn't see this covered. I will have approx. 20 copies of the application as well as 20 copies of what I'm calling "Important Lease Notes" where...
I just set up my solo 401k under uDirectIRA, and the LLC that will be 100% owned by the 401k, and ready to buy real estate using the LLC.
My question is regarding taxation. Should I give my LLC's EIN number or my 40...