Greetings! I am excited to jump into REI! However, I wanted to know how much do I need to know about being a landlord before jumping into a multi-family property. 1. Best way to introduce myself to the tenants? ...
Hello, I am new to all of this and learning. For those landlords in Michigan - is there a maximum application fee for prospective tenants? I know some states do, but I am sifting through Michigan law and just not fi...
Hey everyone,Would like to find a solid RE attorney in the state that can provide council when things occasionally get thick. Most of the attorneys I’ve dealt with have been a bit casual and not people I’d like advice...
The issue of HOA Transfer Fees is a nationwide practice to be questioned.If you closed on a home in an HOA you most likely noticed a few line items that are, well, just there. Ask for an explanation of the fee and yo...
Is it legal for me to contact borrowers directly to discuss modifying loans?Currently own two non-performing junior liens in Connecticut. I have an LLC which I used to buy notes and currently have both notes boarded w...
Hello All,Happy Monday!Well, it's been a long and fast year, for sure. We're in escrow on our third multifamily property this year, and after the first two didn't work out (despite tremendous effort), this one looks l...
IS WHOLESALING ILLEGAL IN ILLINOIS?The Real Estate License Act of 2000, 225 ILCS 454/1-1, et seq., and its accompanyingregulations, 68 Ill.Admin. Code pt. 1450, govern the business of real estate brokerage in Illinois...
Hello BP CommunityAnyone with experience in Louisiana Real Estate markets. Need advice on where, when, and how a Proof of Funds letter used or found in Louisiana. On my flips, always paid more than 1/2 of sales pric...
In need of some advice, pending legal consultation with my attorney.
I am a licensed real estate agent in Michigan, but do not practice as one. I have a friend who lives in Texas & I viewed several properties he'...
Hi BP, I plan too buy houses in Philadelphia. But I'm not sure how to go about the lead paint laws. I've read the laws and will call them for clarification, but I thought I'd ask BP on this topic. Here are some of the...