I own several rental properties in an LLC. The LLC has its own bank account/credit card which are only used for those properties, any bills/contracts are always signed with "Manager XX LLC" next to my name, etc. Are t...
I've never dealt with a HML before and I'm just curious to know what happens if things go wrong.
From my understanding the hard money lender will be in the first position. Where does that leave me as the buyer? Also...
I've talked to a couple banks, and they referred me to their website for bank owned properties. Turns out every single property listed on their website is listed by a realtor! Why is that? Is it just a coincidence, or...
Hi everyone - I've seen BiggerPockets for some time and looked forward to the day when I "had a real reason" to be here. Joyfully, that time has come!For 20+ years, I've operated and consulted with businesses in both...
Hello fellow DIY BP'ers. After analyzing some deals, I am realizing it is highly likely that I will purchase an older dwelling that is going to have some asbestos issues. The main thing that I am seeing right now is ...
Hello experts,
So I think I have made a really bad investment. At the height of market frenzy in Ontario, I bought into an assignment sale of a 2bed condo in early 2022. The tentative date of occupancy at that time w...
I manage a retail building with five units. Recently, there were two vacancies. One unit was leased to a vintage clothing store. A month later, another clothing store was interested in leasing the second unit, two doo...
Hey Everyone,I received a text from my tenant on the 4th of the month stated he would be late on rent and would pay on the 10th. He is aware of the 10% late fee. My question is if I dont receive full payment by the 10...
I looked at two duplexes (C Neighborhood). One of the duplexes has long-term tenants in place (years) but below market rate. If I were to buy, should I hang on to them assuming I can make some sort of profit or raise ...
I am under contract to purchase a 4-bedroom SFH that includes a Carriage House and a 1000 square foot Garage outside Philadelphia. The inspection just turned up a lot more work than anticipated: between $75 and $10...