Brian Bagnall
Mortgage Lender for Cash Out Refi on Rental Property Worth <$50k
I have a client that wants to buy one of my investment properties for roughly $50k (she has the cash).After closing, she wants to take 80% of the equity out and use it to buy another property.I know properties that ar...
Liam Martin Ruane
Decrease in Condo Capex vs STR (Australia)
Hi all,
Hope this finds you all well.
Just wanting to get some opinions on Capex in condos vs STR. I'm looking at a bunch of condos in Melbourne, Australia and they typically have HOA which is in charge of roof...
Bernie Huckestein
setting up an IRA owned LLC
I received a list from my SDIRA custodian of contacts that can correctly set up the IRA owned LLC.Any experience or comment on IRAvillage? this is like half of the cost and I don't believe there would be any differen...
Nicholas Testa
keeping wholesale fee private?
so after reading the wholesaling chapter "the book on investing in real estate with no and low money down" i like the assignment route, mostly because of the simplicity.it did mention that it would be a good idea to k...
Cameron Andrews
LLC Annual Report Fees
Hello! Is anyone aware of alternatives to paying LLC annual report fees? There's a hefty $300 minimum per LLC in Tennessee. This will become more important with numerous LLCs.I know this is a question for a CPA and/or...
Tyler Frost
Questions for Lawyer Startup
Okay folks, I'm taking the plunge. I have dabbled in real estate for a few years but I am about to take the leap and make real estate investing my full time gig. I have a meeting with a real estate attorney and my acc...
Megan Hirlehey
What to do with Interest Earned on Security Deposit
Hi BP Community,My tenant's security deposit earned about $9 in interest this year. He is moving out at the end of the month, and assuming he will be getting his full deposit back, what do I do with the interest? I pr...
Jon Potter
Who keeps the late fee?
In everyone's experience, if a property manager collects a late payment fee from a tenant, is that fee typically kept by the property manager? Does it go to the owner? Some kind of split? Thanks!
Keith Shackleford
HOA issues with a rental
Im having an HOA issue with one of my rental properties and would appreciate any advice. I have a rental in a neighborhood with an HOA. Recently they decided to add a "Rental Reporting Policy" which essentially includ...
Jonathan Steiger
What kind of interest rate to expect on first investment property
I know a lot of things have to be placed into consideration and every individual will not be the same, however generally, what interest rate should I expect on my first investment property?Don’t currently own a house ...