Closed on 2nd rental property in July. I have successfully setup LLC and am trying to transfer property into LLC. When I initially spoke with customer service rep at RoundPoint Mortgage(my original mortgage was sold ...

I need to write a letter of intent for a multi-family property (246 units) in North Carolina. Does anyone have a template or bullet point sheet on items to include? Thank you for your help.

I recently put a 10 unit $810,000 MF unit under contract and was eager to secure financing for the project and was persuaded to let a new lender obtain approval at his local community bank. The guy indicated he wa...

Hi everyone, I need your help. I have a property in Dallas and we let a property manager manage the property. 2-3 Months ago the property manager found a tenant, did a backround check and told us she is ok. First mont...

I was wondering how exactly I have to make an offer on a property without using an agent. All I can find when googling is how to determine the offer price, but nothing about the exact form. I am sure there are regulat...

Hello BP!My name is Gillian (pronounced Jillian) and I was born and raised in the East Bay. My partner and I have been studying the market (including lots of browsing on BP) for the past couple months we have yet to m...

Spousal solo 401k salary deferral deposit deadlines - different than profit share deadline?I am the sole proprietor and my wife is my employee. As the sole proprietor I understand my deadlines for making my contribut...

LA county property auction sales are coming up next month. I head property tax liens takes the first place over the other mortgage liens.  How do we figure that out ? Even if the property tax liens takes precedence, o...

Anyone have any must read real estate books?

First of all, I'm in CA. My lease states no pets and over night guest must be approved and short term. I had a tenant request that her friend stay the night, usually, no problem. Her friend requires a service dog...I ...