Andrew Moran
Starting in Multi-Family Properties
I'm a 21 year old college student who has over the past year become very interesting in owning multi-family properties. I've seen many different opinions on this topic and have struggled to come to a conclusion; is it...
Aaron Arnold
Tenant wants to pay the first 2 or 3 months up front
I have a potential tenant who I’ve throughly screened and everything looks good. His credit score, background and income are all verified and qualify him for the unit. He wants to pay the first 2 or 3 months up front....
Grace D.
Seller delay in providing signed estoppels
Hi BP'ers!
I'm currently in escrow for my first property. Almost everything is set except the seller hasn't been able to provide signed estoppel letters. "They are working on it" was their response.
We are way past ...
Pavel Sakurets
Best mailing campaign that I ever had
Wanted to share with everyone the results of my mailing campaign that I had in Edina MNWe sent 3000 letters to sf property owners stating the following:Hello, we are a local builder that just bought a property at 5841...
Andrew Kniffin
RE license legally required to be PM in MN?
Hi BP nation!
Does anyone know whether the law in Minnesota requires that all Property Managers need to have their Real Estate Agent's license in order to be a PM?
I heard this today, but have never heard it before....
David Lao
Interpretation of 8582 Special Allowance for Rental RE Activities
"Special Allowance for Rental Real Estate Activities
Active participation. If you actively participated in a passive rental real estate activity, you may be able to deduct up to $25,000 of loss from the activity from...
Ronald Stephenson
Newbie from Wilmington DE
Greetings all, I'm Ron Stephenson pleasure to make your acquaintance. I'm currently invested in Wilmington, DE, through house hacking a 3 bedroom townhome with my college mate. In the upcoming year will be moving out ...
Moses Lin
VA Loan House Hacking - Can I count rental income?
Hey everyone! I'm currently looking to purchase my first property. I'll be using a VA loan and I'd love to house hack with a duplex. On the BP article on VA loans, it says that I can count future income from the duple...
Peter Grosso
Hard Money Contracts
Hello All, If I have private lenders who have never done a hard money loan but is willing to loan me money what contract should I use? Promissory note?
Russell W.
Chicago RTLO question
Hey everyone, so like a lot of people here on BP I live in my rental property as an owner-occupant. My question is in regards to the Chicago RTLO. It states that the ordinance covers:" Rental units with written or ora...