We may have to lease our 3 bedroom townhouse to 3 young professionals instead of a family as it is harder to rent out now in California. Are there any forms we can use for this?I understand that the best way to approa...
Hello BP family!
I am looking for an operating agreement for my partner and I. We both already own the property but we are going to refinance it into our new individual LLCs and need the operating agreement to be exe...
Looking for advice with sublet situation. One renter (renter1) has moved out for a new job but is still paying rent. Renter 1 would like to sublet to offset expense. Renter 1 and renter 2 (renter that still resides...
Thank you for taking the time to read and respond to my post. I am not new to real estate; however, I am going through my first new development of 29 units. I am developing my first vacant pieces of land to accommod...
I love upvoting good posts. And I love reading good advice, strategy and what have you...however we need a way to separate the bad and the spam from the good. And it needs to be easy.
It's time for a downvote button...
I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for.
Subject To Pitfalls
1. The bank can call the loan due (due on sale cause).
2. You...
I had always been told I own studs in on my condos and the HOA was responsible for insuring buildings. I just got a notice from one of my HOA's that they don't purchase flood insurance on the buildings due to cost, I ...
My wife has been out of work due to the virus. She has a hair salon which has been forced to close down during the pandemic. Does anyone know if I will be able to wave the 10% early withdrawal fee if I take a distri...
I'm looking to use retirement money for downpayment on a multifamily, but taking it out early I will lose 10K. Looking for unique way to not lose so much or put immediately into something to pay less taxes.
I have a rental in the state of Georgia with 3 unrelated individuals on the lease collectively as "tenant". They pay sec. deposit and rent as a single payment. At the time of the lease renewal decision, 1 out of the 3...