HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...
I'm in the Minneapolis area and I'm trying to find a creative way to try and buy a stellar property at auction. I have no experience with foreclosures. There is a house just down the street from my development. It was...
Hi All. I'm purchasing a property where the old liens of the previous owners are still showing up as open. They should have been paid in full (and discharged of record) when my seller originally purchased the property...
So I've begun researching purchasing notes, and found a few different threads with the suggestion of cold calling people that are in contact with note holders. Bankruptcy attys, financial planners, CPAs, title compani...
Dear BP Family, I'll soon be the owner of a piece of real estate, and want to enjoy the asset protection afforded by an LLC. Has anyone on BP been successful in transferring ownership of mortgaged real estate from t...
We are hearing about some municipalities and counties across the country halting evictions because of the Pandemic. OK, I get that. Don't like it, but I understand. So the next question is: will mortgage lenders al...
Hi Guys,
Brand new here, with a question:
Can hard money lending be considered a small business, where expenses can be deducted -- just like any other business? I thought this was a given until I started reading ab...
We are getting a lot of new members - many of which haven't uploaded pics yet, meaning post after post of stock icons! PLEASE, take a minute and upload your pic - If you just don't want your personal pic online for...