Kyle Weinapple
LLC or not? If so, which LLC option is best?
Hi BP,
I own 2 rental properties in Baltimore MD and i am first having trouble deciding on whether to place them in an LLC or not (I plan to slowly scale and house hack a new property once a year). If so, I am having...
Ray X.
Is the Net Claim Remaining what the insured can collect & othes?
My home insurance write an estimate for the water damage.Replacement Cost Vale $19,000Less Depreciation (2,000) ------...
Sendil Thangavelu
Lien on builder prior to sale, creditors threat to now lien me
Hello, recently i purchased a new construction from a large builder and we went through closing and such as part of the buying. Several weeks after sale, out of the blue I received a letter form a creditor that there...
Henry Der
Tenant left, but management says to pay legal costs anyways
Have a few rental suites in Memphis TN who received eviction notices. The Management company checked and they have left. I thought, great, let's forget about paying the legal costs for court dates, hearings, etc. sto...
Account Closed
Who's your favorite traditional lender in Cleveland?
Closing on a triplex in Ohio City and my current lender is trying to charge me 1% origination and 5.375% fixed on a 30 year loan. Purchase price of the deal is over $300k and my lender claims it's the best rate I'm...
Jamie Powers
Tenant making false health claims
I had a water leak at a property that required remediation. This was taken care of promptly by a professional remediation company chosen by the insurance company. There is still reconstruction to be completed and that...
Tanner Loyd
1st time buyer tax credit (wrap)
I have 24 hours to present my offer to a seller. I want to purchase the property using a lease option. It is my understand that a contract purchase DOES qualify for the tax credit. The deal in some ways hinges on the ...
Seth Nowak
Quit claim deed
I have got a residential rental property that I bought last year and I want to put it into my LLC . Can I just download a quit claim deed for free off the internet or should I hire a lawyer or get a title company or ...
Pete Harper
Can you sue subcontractor
I have an issue with a GC on a remodeling job. He has abandoned the job unfinished and refuses to answer phone calls, txt or emails for over a month now. I sent him certified mail terminating contract for default. I h...
Paul Fournier
(Wholesale) Quit Claim Deed - FLORIDA
Hi biggerPockets!
I’m A wholesaler in Florida. I recently came across a deal where the seller wanted to do a “quit claim deed”. I’ve herd that this is a red flag. I also don’t understand how it comes into play when ...