Hello everyone. I am purchasing my first investment property in two weeks and was wondering what are your top 5 rules/policies/terms that you like to include in your lease agreement (that aren't found in the typical l...
What are some things to look for when purchasing a home that has been unoccupied for several years (4)? Considering the utilities will not be on, how do you know the pipes are ok, fixtures, electric/ heat works whe...
Ok landlords,Who's been sued. Tell me your story and did a LLC help or not help you? Did a large umbrella policy protect you? I think we've all been going about this from the wrong side whether you need a LLC or n...
A new colleague of mine here on BP has asked me some questions via PM and I thought it was best to present his questions and my answers in the public forum for all to benefit from. This will also give him and others t...
We just finished up one of our rehabs and as some of you may know, our company just recently adopted the green/energy efficient strategy. We've been rehabbing homes since 2011 but jumped onto the green scene when we r...
On August 29, 2019, my friends had a closing on theirs new investment property. Right after the closing they tried to get in and discovered the original lock had been removed. They found parts of the old lock on the...
Hello all that are interested in what I have to say... If you are not interested then move on... What I have to say comes from many years of hard core live and learn lessons. If you want to go down the dark path that ...
Hi all,Im wondering if it makes sense for me to try to set up my own legal entities... I just got quoted $1500 per entity not including filing fees to set up an LLC, and was also told to set up an S-Corp management co...
I was speaking with a Realtor who specializes in land contracts. He said I should put 20 percent down so I can hold the deed. My question is it necessary or can I put down less and still control the property? Thanks
We have a farm in the NC mountains with 4 vacation rental cabins. Our local rental management company take 25% and we pay for all listings on VRBO/Homeaway/TripAdvisor/Flipkey, photos, videos, etc. They only take 10% ...