Jay Brown
Seeking Detroit market Real Estate Agent with ambition.
Currently in the process of trying to buy two MFH. Been pre-approved and seeking narrow down on properties. Most agents I have been working with are too busy. I'd like to find someone ambitious, not too busy or proud ...
Chris Rendall
Issues with homeowners insurance when transferring title to LLC?
Hello BP Community,As is very common I have friends who purchase their rental houses under their own name in order to get lower interest rate loans with better terms and also cheaper landlord insurance, and then they ...
Devonte Dinkins
Hiring out Services, 1099's?
Good Afternoon Everyone,If I have a property management company, do I have to give vendors a 1099 each time they perform work for me? What is your process for hiring out services such as Plumbing, HVAC, General Contra...
Shane Ryan
Contractor looking for investor
Hello all. Looking for tips and/or advice. I'm not an investor as of now but looking to be in the future. Had a friend become a pretty successful investor (which is how I heard about this site.) years ago but I never...
Nada Mohamed
Ideas on where to invest in Florida?
Hello all,I have been investing in the Cleveland, Ohio area for the last 7 years - it is a great market, but I am looking to diversify. I will be in Florida in about a month for a week and would love to do a little re...
Alan K Auman
When to tell inherited tenants that their rent will be raised?
Hello all, I'm currently in the process of buying a duplex that has long term tenants on both sides. By all accounts the tenants are great tenants. Apparently they pay their rent on time every month, both times I've b...
James W.
Hi, new slumlord here. General advice request.
Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
Rufus McLaren
Reinstating mortgage and taking over a Pre-foreclosure/short sal
I am a broker in Ft Laud, Florida. I'm also an active investor. Florida is notorious for foreclosure scams and modification scams.I was wondering, however, if any one has had any experience with approaching a distress...
Koel Gaylord
Discovery Channel--Property Wars
Has anyone seen Property Wars on Discovery Channel? Investors are bidding on properties w/o seeing the inside. They make their decision based on comps in the area. Some get burned and some hit the jackpot. Do any inve...
Nicholas Earls
Kitchen renovation questions
Starting to renovate the kitchen on my first property. 1100 SFH in a B- neighborhood that we will live in for a year or two then rent out. Need some advice on what to do with this kitchen.My plan is to do the rest o...