Stefan Hirniak
LLC loans impacting DTI
Hi BP!Hope everyone is doing really well. I am buying a new construction primary in May and hoping for some advice prior.I have a relatively high DTI due to 7 other other conventional loans and my broker advised that ...
Mickey Bauer
Capital Gains on Sale of A Gifted Property
My in laws gifted my wife a lake cabin property. It is currently in her name legally, but remains under the 5 year lien window for about a year which would allow a healthcare provider / assisted living etc to access ...
Kathleen Bisson
Building A Short Term Rental-Steps. Need Guidance!
Hello all!My husband and I have spent weeks watching Youtube Videos, reviewing articles and more on building for our short term rental business. We are starting to get stuck on the steps we need to take to get the pro...
Trace Sexton
New to Real Estate in Birmingham, AL
My name is Trace and I'm new to real estate investing. I'm 26 years old and recently relocated back to the Birmingham area. Although I don't have any practical real estate investment experience, I have dabbled pretty ...
Scott Weaner
Removing Paint from Electrical Sockets
I will be closing on a Duplex in the next 2 weeks. The township won't give a CO as many plugs are painted. I told the owner that I will try to come up with a solution short of replacing the perfectly good outlets.Has ...
Devang Patel
Tenant not paying gas
My New Jersey lease strictly states the tenant would be responsible for paying the gas. They have not paid the gas bill for months and I am wondering if this can be grounds for eviction. They are however paying the ...
Ray Eason
Real Estate Wholesaling and Assignment of Contract in California
I have a question:I just got off the phone with a Real Estate Attorney (from Legalshield) because I wanted them to review some contracts for me to do some Wholesaling and Assignment of Contracts here in California.The...
Jose Trujillo
One LLC needed for each Fix & Flip ???
Hello BP !!! I have done a few flips up until now but I have them under one LLC. I was recently told be a fellow investor one LLC is needed for each flip project that is done. I did not get the chance to understand th...
Tai Bhattad
AL Tax Certificate - Ceast & desist to tax purchaser
Looking for best course for the situation in Alabama based on a 2019 tax certificate:
1. Purchased tax certificate from AL state. Sent demand notice and called owner regarding ‘neglected-squatter ridden’ house. Owne...
Jim K.
Handling evictions properly
Hi guys. I want to start working on my blog here in a bit and write some longer, informed answers to commonly asked questions. One of the main questions I find myself answering for hopeful OOS investors over and over ...