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Results (10000)
Christian Sifuentes Tenant not moving before we close on property
10 February 2017 | 5 replies

I am purchasing a multi family in Carroll County closing in 3 weeks. 1st floor tenant was sent a certified letter to move out of property. What are my options if he doesn't move it

Thanks

Shawn Jacobs Negotiating with the bank when buying a foreclosure
6 March 2015 | 5 replies

Hi Everyone, Being new to BP, I thought I would dive in and get involved! One of my previous jobs, before I traded in my dark cubicle and handful of sick days, was as a supervisor of an REO Department, for a large Ban...

Shannon Brill Using Ratio Utility Billing System for gas?
24 October 2024 | 6 replies

Hello BP!  I currently own a duplex and have a question regarding using RUBS for gas usage.  This formula is already in place for water, but here's the issue with gas -- both units use gas heat, however only one unit ...

Rachel H. Unresponsive Tenants - Help!
4 January 2025 | 4 replies

My tenants, who have been in the property for close to three years, have become totally unresponsive. They pay their rent on time, but have not responded to any emails since October. I understand I cannot legally requ...

Rich Bultema Selling house with ungrounded 3 prongs.
19 January 2023 | 5 replies

I bought this house built in the mid '50s about 16 or 17 years ago. For most of the house, I've done nothing but cosmetic updates and in doing so changed many/most of the outlets to a new color and in doing so, bought...

Steve M. Claiming Yourself As A RE Professional
28 December 2009 | 4 replies

Hey Everyone ...

I know the IRS requirse at least 750 hours AND that no other *job* carries more hours than RE.

Now, my question ... What about income? I own my own business, and have no problem saying I simply ma...

Sam Mathew LLC & Foreign LLC - Michigan Properties (Foreign LLC) Living in Florida (Main LLC)
16 July 2023 | 4 replies

Hello Members, seeking opions and past experience to how best set up my Michigan Foreign LLC.I live in Florida and have a local Florida LLC.  But I invest quite a lot in Michigan and am trying to see how to set up up ...

Hugh C. I have not received financial statement from general partner.
28 June 2015 | 3 replies

After entering into a PPM for multi family apartment, I have yet to receive any monthly financial statement from the general partners regarding said property.  There are plenty of SEC requirements BEFORE completing th...

Maryna DeMasters Property with contingency
11 March 2024 | 8 replies

I’m facing a situation with the property. Have you encountered instances where it looks like occupants are unwilling to vacate a property for sale, but attorney-in-fact who is selling property is assuring that the pro...

Igor Fedulov Unable to reach laundry service provider
12 March 2021 | 1 reply

Good morning/afternoon BP! I have a problem I don't know how to deal with. I'm unable to reach the laundry machine provider for one of the recently acquired buildings, they simply don't return my calls. I can't simply...