Arron Lloyd
Preforclosure's Subject To?
Hello BP community,New investor here and 4 years as a real estate agent. Soaking up as much knowledge as possible and want to start building portfolio. Does anybody have any info on what the process of taking a pref...
Amanda Thompson
Lease wording, from the previous Property Manager
Hi! I have a tenant who let me know he plans to move out November 30th. He has a lease until Feb. 28, 2022. The lease is from our previous property manager, who was terrible so we fired him and I started my own proper...
Blake Salisbury
Tenant trying to live in garage
We live in a duplex and rent out the other side. Our tenants that are renting out the other side are 3 people who rent the three bedrooms in the house. They want to bring on a fourth tenant and have him live in the ga...
John Matthews
Saving a deal
Ok, so there's this one property I've talked about on other posts before. I put an offer on it before I found out it had structural issues. With the help of the SE who looked at the place, I gave myself a hard number ...
Brian Matlock
Loaning money to myself for asset protection?
I'm wondering about an asset protection strategy that just occurred to me, but that seems a little too easy. What am I missing? I'm about to purchase a model home and lease it back to the builder (I'm a seasoned real ...
Radhika Paliwal
Starting Out - Goal is to buy my first property in 2021!
Hi Everyone!I am just starting out in real estate and want to buy my first investment property this year. I'm looking into out-of-state multifamily unit that'll provide a positive cash flow. I've begun my research but...
Account Closed
90 Day notice on a Month to Month
I have a tenant whose lease is ending in about 2 months, and a month ago I gave him 30 days to let me know if he plans on renewing (giving me 60 days to advertise). Today, the last day before I required the response, ...
Rob Black
HOA Lein on Foreclosure
First post at BP, I recently purchased a foreclosure at auction in Washington state. I'm trying to access water to clean up the property but the HOA refuses to turn on the water. They say I owe $1500 in delinquent H...
Elena Pech
What are the rules of funds redemption after foreclosure auction?
I found an attractive multifamily property going for foreclosure.
Property assessment price is around 1M. Unpaid mortgage on this house is about 500K.
In one of the adds about the upcoming auction I found a note:
...
James Letchford
LLC Structure for Private Money
BP: Does anyone have any advice on how to structure an LLC with someone providing private money that would only like return on their money? I.e., I'm doing BRRRRs and would like to pick up another property utilizing ...