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15 November 2024 | 5 replies
Instead of waiting for others to reach out, take the initiative and actively seek out the top wholesalers and providers of off-market deals in your area.
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14 November 2024 | 5 replies
Readers are advised to seek professional advice.
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15 November 2024 | 13 replies
Readers should seek professional advice.
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14 November 2024 | 12 replies
Welcome to BP and congratulations on seeking to begin your real estate journey.Are you looking to invest, purchase a home to live in, or perhaps explore commercial properties?
13 November 2024 | 8 replies
Significant changes to lease terms that impact tenantAlso, the tenant would not qualify for relocation assistance if they live outside of Portland City limits, live with their landlord, or have a week-to-week tenancy.The tenant has a "Right to quiet enjoyment" No entry is allowed for maintenance or repairs without proper 24-hour notice.
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13 November 2024 | 4 replies
Even if the tenant can’t pay, it sets the expectation and documents the issue.Small Claims Court: If the tenant refuses to pay, you could take them to small claims court, where you can seek repayment without needing a lawyer.Security Deposit: If the tenant has a deposit, apply it toward the damages.Consider Eviction: Given the arrears and damage, eviction might be a last resort to prevent future losses.Talk with your property manager to create a plan that minimizes further risk.
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15 November 2024 | 8 replies
If you were to seek a LOC against #3, you would not get much as an investment property its very difficult to get a LOC and they typically will not go above 75-80% LTV which is where you are at.2.
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14 November 2024 | 7 replies
I would like to assist two of the owners find a buyer for their parts of the business/real estate.
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15 November 2024 | 25 replies
For Canadians seeking to tap into the market in the States, the way the LLC is arranged creates a challenging tax environment and basically leaves you limited return.