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I finally caved in and for the first time ever, I have put a property in the hands of a "qualified" property manager. I vetted this company well and it seemed like a good one to hire. However, after signing the ag...
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Here's a lease I'm working on for a property I now in CT. Anything you would add?Steve---------IN THIS LEASE the words "we", "us" and "our" mean the Landlord, ________________________.The words "you" and "yours" mean ...
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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...
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I have been looking opening a SDIRA. I have read/heard many tout the overall benefits and flexibility of using an SDIRA, but when I looked into it a little more, the SDIRA seemed to lose its luster with several restr...
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Hi BP.Tomorrow I was supposed to close on a property, which we are now not going to. During the title search, we discovered a sizable second lien that they didn't disclose. When we mentioned the fact, they acted surpr...
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Ok, I have two good deals but they are pre-foreclosure properties and I'm a Wholesaler. How do I close the deal with a Pre-Foreclosure? I'm lost because I know about closing deals with FSBO properties. Do you do pre-f...
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Hello all. After many hours/weeks of research and communication with members on BP, I decided to go ahead and get my RE license for different reasons that will aid my personal goals in RE investing. I was considering ...
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I want to share the details of my Asset Protection Strategy. I welcome constructive comments.- First of all, I live in California as it has very little asset protection (for instance no tenants by the entirety) and it...
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A 3/1 townhouse I own in Baltimore was trashed by a Section 8 tenant who moved out at the end of 2016. I spent more than I expected getting it back in shape. Then had difficulty renting it for several months, for vari...
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If you are interested in mobile home lending as I am then it is time to face the facts that we cannot continue business as usual. The Safe Act only woke me up to the myriad of laws that we should be complying with an...