Calvin Sam
San Antonio - areas more/less likely to see foundation issues
Out of state rental property investor here looking for a better understanding of foundation issues in the greater San Antonio area.Greater San Antonio is fairly large and spread out. Are there parts of the city or zip...
Zachary Thompson
Is gross profit or net profit considered for taxes?
I'll be as short and to the point as possible. I'm purchasing a property subject to the existing mortgage. To do so I'm using a business line of credit to pay for everything from start to finish. For sake of simplicit...
John T.
"normal" issues with a home inspection
I'm venturing into my first house purchase (done condos before, where I was only responsible for interior).I got an inspection report and it came back with all these issues. Like crack in the bedroom wall signaling po...
Dean D
Lender wants sworn statement from me?
Just before closing. The buyers lender has asked for a Sworn Statment with a detailed list of all contractors and vendors including contract prices with balances and or paid in full amounts.
They state their intention...
Michael G.
INSIDIOUS MOVEMENT TO #CANCEL RENTS! (NOT SUSPEND... CANCEL!)
Here is the verbiage of the current NY State bill: https://www.nysenate.gov/legislation/bills/2019/s8125
and, most offensively, HERE is the website of a movement to "CANCEL RENTS" https://www.housingjusticeforal...
Ryan Bird
Chicago net migration trends
I’m interested in investing in northwest suburbs of Chicago but recently read a 2022 year end report that take about negative net migration in Illinois, specifically in cook county and city of Chicago. I could see suc...
David Burlock
Foreign Entity
Hey BP,
In the past 6 months I have formed an LLC in the state of PA. The goal of our LLC was to originally to solely to real estate transaction in PA. A few months in and we have not completed any deals an...
Susan O.
Is Housing a Human RIGHT? Entitled to property?
https://www.facebook.com/events/1665406613716274/This is entitlement. Us landlord and investors has to pay a bank mortgage to keep a house, if they don't they pay monthly we lose the house.Same should go for any perso...
Frank S.
Should you build a new home on a fault line?
I was thinking about buying a home on a fault line in Texas. The home seems to be in decent condition but I would think that it would not be wise to build a new home on a fault line. It's not a fault like California b...
Felipe Carrillo
Evictions allowed during Coronavirus for tenants that have jobs?
Hey BPers,Does anyone know if evictions are allowed for those tenants that still have jobs during Coronavirus or are ALL evictions temporarily suspended, even for those that still have jobs?Thanks,Felipe