Levin Angeles
Should I form my LLC in my state or where the property is located
I live in NYC and I wanted to refinance my duplex in Toledo into an LLC. I've always heard you should have the LLC be located in the same state as the property but my lender recommended to form the LLC in the state w...
Chris M.
how do realtors negotiate purchase price?
I'm looking to buy a primary residence without a buyers agent and am looking for negotiation strategies. from what I've read online it seems the appraisal covers a great deal of the variables (neighborhood, market et...
Kevin Coleman
AC Unit Died!
BP,My AC unit went out in my rental in Atlanta. Can someone recommend a good yet economical brand and contractor? Every AC unit I look at has negative reviews. There has to be some good ones.
Philip Nowak
How to Remove Rust From Metal Shed Roof
Hi BP Community, anyone have any tips or experience removing rust from a metal shed roof? I tried TSP as well as Naval Jelly, letting them sit for the appropriate time in the recommended application temperature range....
Brandon Montgomery
Rental agreement for multiple renters
My first rental is on the market and drawing quite a bit of interest! 90% of the would be tenants have been single family renters but the most promising applicants so far have been students. With that being said, how ...
TJ Nowitzki
Buying a Property that Seller Acquired via a Subject to Deal via Charitable Corp.
Hi,
I have a deal I am looking into where the numbers make sense. The complication is that it looks like the seller acquired the property via a subject to deal.
1. Property was going through foreclosure until su...
Anthony B.
Terms for Lease Option with original owner
Example:
Found a home owner willing to do lease option. You find a rent to own buyer. You sandwich the deal in a 2 year L/O. 1 Year down the road the buyer bails out of L/O contract. What are the terms/penalties you h...
Michael O'Byrne
Sell or keep 1/2 lot?
Hi All, I am currently rehabbing a house sitting on 1 1/2 lots. The first whole lot is fenced, the half lot is comprised of the south half of the adjacent lot. In this subdivision, if the owners on either side of an...
Esh Michael
Property manager embezzling tenant’s deposits ?
I had hired Omni Property Management (owner Samuel Singley) located in Clovis, CA to manage my property before two years. Before few weeks when I contacted him, his wife Joanne Singley told that they are retiring and...
Manuel Angeles
Affordable Housing Development Capital Stack Structures
When developing affordable housing in California (more specifically Los Angeles), how complicated is it to raise capital using subsidies?Is it common for developers to use subsidies to cover 100% of the construction c...