From my research, Wisconsin laws surrounding broker status appear to be more transparent and strict as compared to many other states. So for those wholesaling in WI, have you obtained your RE license?If not, what is y...
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I just got through a 3 day real estate investing class, and my eyes have been opened! I am looking into creating a land trust, an LLC for my soon to be rental home (s), and forming a property management company to man...
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Last question I promise. For people that have used a second home loan/vacation home loan for short term rental. I have read that through the second/vacation home loan, you are not allowed to have a property manager ma...
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I acquired a multi family a couple of years ago in Brooklyn, NYC. The property had undergone significant renovations c10 years ago following the issuance of three class B violations - mold, lack carbon monoxide detect...
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Hi BPP Family,Sorry for the long one but I’d be interested in everyone’s take.I recently purchased a 3 Unit property that needed some electrical updates, including adding 2 additional electrical panels to the property...
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Hi all, I'm pretty new to investing in real estate in the US and so sorry if this question sounds redundant! A property I'm interested in has this note on itNOTE: Property is subject to a UCC Lien. Per Seller‚ Sellers...
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Hi BP - looking for some advice because I am in a sensitive situation. Basically, I violated the age old rule of rooming with friends. I put goodwill and faith that everything will work out and be OK... not. Long stor...
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Hey Guys,
I mailed 2500 "I want to buy your house" postcards to absentee owners last Friday.
The postcards hit today and I've received 48 calls. Three sellers left messages and the rest are hang ups. Two sellers wa...
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Some of you have seen my posts on here and they are generally providing help to others. I'm not necessarily asking for help here, but any professional input and advice is certainly welcome. Last fall I began talks wit...
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Hello everyone,
I've heard that some people will tell their tenants they are the property manager so that when a dispute comes up they can say the "owner" is the "bad guy" and not them. On the other side of the coin,...