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'...

Can I evict tenants for other landlords even though I am not an attorney? Serve notice file papers and all other thing?
Thanks!

Hello all,

I am returning a tenants deposit minus all repairs and I wanted to know if it is standard practice to send the tenant copies of receipts for all work done with the itemized statement? FYI; I'm located in C...

Hello BP!I'm looking to build a student-housing niche portfolio in Reno, Nevada. My wife and I just acquired our first duplex a few months ago. It's currently occupied by undergraduate students but we would likely to ...

BP Community,Ever so often we come across investors whose tactics don't give us the "warm and fuzzy".  While each state has its own legislation and case law, it is important that we all, in our continued efforts to so...