I'm looking for a basic starter contract that I can use for any subject to deals. I did a search but couldn't find anything obvious.Contract highlights Transfer title via general warranty DeedBonus if it has these thi...

Hi everyone.  I'm Lou and I'm new on BP.  I live in Staten Island NY which is actually the forgotten 5th borough of NYC.  I grew up in the flooring business and now have taken the helm since my dad's retirement.  I've...

I just bought my first rental home and will be using a property manager.  I wanted to understand whether there is any advantage to creating a sole proprietorship.  I can could use this to open a business account at my...

Hi All,

I have a unit with quite a few 2 prong outlets. I know they are not section 8 approved but I don't plan on going that route anyways. Is there anything with code in a 3 unit that existing 2 prongs are not allo...

Hi everybody,
I am looking to purchase my first rental property and I do not think I am ready yet based on feedback I have received from multiple people.
I do not have enough money for a downpayment on a conventiona...

Hey Everyone -
In the coming week, we're planning on launching our new & improved company profiles. These new profiles will replace the current company system with more robust profiles that are interactive, and ...

Hello all,
Wanted to ask some advice about funding your first property. My plan is to get my first property as a rental by getting a conventional mortgage where I hold the note and then rent accordingly. I would the...

My wife and I just made an offer on our very FIRST piece of property...REO....I am very nervous as is she, but I know the home will be a great buy.  I have been looking at properties for several months now always afra...

New investor here (still looking for my first deal) and I’ve got just a few questions...1.) When it comes to PMLs/HMLs which would be better to utilize starting out? When is a time each is more affective?2.) Would you...

My dad flipped a house that I would like to buy. He is willing to sell it to me at cost. I've been putting away about $500 a month to save for a down payment on my first investment property. Because he owns it free an...