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I’m an Associate Broker in Syracuse, NY and this happened to me last week: I submitted and offer for a condominium on behalf of an LLC. The agent called me back and countered. My buyers accepted and we signed the d...
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Earlier today, on the way to work, I was listening to the BP Podcast #285 as per my usual routine (another great podcast by the way). But after hearing some of the guest's comments about building multi-family and rent...
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Hello all,I am under contract on a 4 bed 2 bath home in one of the nicer suburbs of Detroit, Auburn Hills. I am under contract with seller right now for 277k with 8k in seller credits negotiated upon inspection. Now,...
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Hello BP Family,I need advice from everyone with experience in the following plan(s). In the next 15 months, starting in October 2016 I would like to purchase 4ea. fourplexes for investment rental purposes. The first ...
As a FL Mortgage Broker, Real Estate Investor and Landlord, my advice to investors who are opening new LLCs, is to consider include the word RENTAL(s) in the name of your LLC.Examples:Smith Rental Properties, LLCSunsh...
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Hi everyone,
I'm a soon-to-be first time homeowner once my father gives me a house he owns via a quitclaim deed. I am just wondering if there are any legal/financial (as far as taxes go) implications in answering "...
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Buying a multi-family with my brother (both of us married). Lender has been a mess from the start. Long story short, it's in the 11th hour and the lender realized my wife (Korean) can not sign/notarize the dower ri...
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Most importantly,My "m" didn't work, and I typed, "Historic hoes". I cracked myself up a little.Now ...So...I have a home built in the late 1800.Original floors walls etc. etc. I figured it will cost a fortune to brin...
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I have a property in which the rent has always been current, but it is now two days late. The boyfriend was found guilty today of two felonies and is awaiting sentencing with no bail.Now his girlfriend and two-month-...
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Hey guys,I'm in the process of renovating my rental unit. It's a 4bd/2 bath split level in North Oakland. The kitchen is pretty small, but I'm trying to avoid any structural changes since it's a rental (I won't be ...