Hi BP Community,So, three strikes...I should be out. This is the third contractor that has failed me. So, he blew his first deadline...now its 5+ weeks later. I went and inspected his work and said, hey...I don't thin...
Hey everyone,I've read a ton of posts surrounding the subject of LLCs and quite of a few of them with specificity to hotels, motels, etc. That said, most involve single owners so that's why I'm creating this thread. I...
Hello everyone,I'm wondering what is the recommended strategy to get started in real estate investing. There's wholesaling, fix n' flip, foreclosures, house hacking, multi-family.... the list goes on. I'm wanting to p...
Hi BP folks!Was wondering, what kind of violations do you typically market to?I started with construction violations, but then thought, if they're currently constructing...would they really be open to selling?Now I'm ...
We hired a local electrical contractor to do electrical work at one of our properties (2 units). He charged us for a permit as well as the work performed.He finished all the work and received the complete payment but...
Hello BP,I had a couple sign a 1 year lease with me and pay a $1000 security deposit on May 8th. Their move in date was set for June 30th. I was notified by the couple on May 24th that they want to break their lease b...
Hello All - Love BP and everything it has to offer.
A question that I have is about structuring your business when you are raising capital. Right now I have 5 units, with a couple of different investors. Because the...
Investment Info:
Single-family residence private money loan investment in Enid.
Cash invested: $27,600
Contributors:
Matt Mesick
UPDATE: (10/02/2022): Borrower has defaulted on the loan a...
Hi everyone - I am in the midst of getting my taxes done and my accountant is telling me that because I do not have a separate legal entity to assign my mileage expenses for looking at new properties that I cannot cla...
BP Family, I need advice for setting up correct contract for a real estate deal between 3-4 people equally? Background: We are purchasing raw land soon, want to develop 15 quadplexes over the next 3-7 yrs. Our due dil...