Greg Strunak
air bnb bust
5 January 2025 | 10 replies
I am seeing a crackdown on STRs not so much as a result of any hotel lobby, but as a result of regular citizens complaining to their elected officials that they don't like living next to a hotel.Can't really blame them.
Nate McCarthy
How to approach landlord about buying their rental?
13 January 2025 | 12 replies
Let’s break it down and explore how you might approach this idea, the challenges you could face, and ways to structure a deal that could work for both you and the landlord.Why the Landlord Might Be Open to SellingThey’ve moved out of state for health reasons and don’t have family nearby anymore, which might reduce their emotional attachment to the property.The idea of simplifying their life and pursuing something like sailing around the world suggests they could be open to letting go of the property if it helps them achieve their goals.With significant equity or potentially owning the property outright, selling could provide them with a substantial cash windfall to fund their future plans.However, their belongings on the property could signal hesitation to let go or simply a logistical barrier they haven’t addressed yet.
Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
16 January 2025 | 12 replies
However, your investment in the house, officially called tax basis, did not go up.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
The stupidity is your state and federal elected officials.
Maxwell Silva
How do I market myself as a new agent?
25 January 2025 | 26 replies
Coming from a health care background and Not having any previous experience in Real Estate or sales, I am having trouble getting the Bio started.
Christian Gillison
New wholesaler in the Pittsburgh community excited to learn and connect !
5 January 2025 | 3 replies
One thing though is that there are requirements coming into effect soon where wholesalers will need to get their license in PA for any properties that they wholesale, so you might want to look into that before it becomes official!
Michelle Wang
Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
27 January 2025 | 13 replies
To give you an idea of how we approach it, we assume the worst-case scenario right from the start is 9-12 months of no rent, $5,000 in legal fees, and an additional $5,000 in expenses to deal with moving their stuff, putting it in storage, and dealing with health code violations or NOV's from the city during the process.
Steve Mitrano
Flagstar Bank & LLC Transfer
12 January 2025 | 8 replies
For clarity; as with a trust, lenders do not exercise the "due on transfer/sale" clause when real property is transferred to the SAME individuals in an official capacity (e.g.
Melissa Glynn
20-Year Austinite Relocating to Charlotte, NC - New to BP!
7 January 2025 | 5 replies
I make the official move in April and can't wait!
Chris B.
ESA exemption option for small landlords
7 January 2025 | 4 replies
All of the official documents I've found so far point to the national FHA requirements as their source.