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I'm just getting started in investing and I've been reading a lot about why it's a good idea to set up an LLC which I've already done. Recently though, I'm learning that it can be difficult to get a bank loan as an L...
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@Russell Brazil @James Wise @Andrew Postell @Michael SwanI have 5 rentals, 3 in Tennessee and 2 in Ohio. I have an LLC set up in North Carolina where I live. I paid cash for the properties and then took out equity lin...
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Experienced fix n flippers, do you consider rehab properties w/large amounts of mold or just stay away? If you consider them, how have you handled the issue?
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I was given a lease template that one of my real estate friend uses. His dad is the biggest RE player in the county they live in so I assume it was ran by a lawyer, but I haven't asked. On the lease there's a section ...
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Hello BP,I am renting a 3/2 house in Wilmington, NC and have had a hard time finding that "perfect" applicant. Two 30ish guys came by and really want the property, however one of them has about 6 arrests for drug an...
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For note investors, what are the topics you feel are not discussed enough in the note space ?My top 3 are:1. Understanding and evaluating risk as part of your due diligence in calculating bid price2. Due diligence on ...
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I'm in need of professional brainstorming. I'm trying to anticipate anything going wrong with this 'sale of house' scenario: I was named the executor of my Mom's trust, specifically because my Mom said she didn't trus...
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I have a tenant whose fiancé left yesterday. He states he’s getting a restraining order on her for various reasons. The current lease is up in May and he is asking if I can take her off the lease. Can I get some advic...
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Dear All,I am purchasing a Baltimore city property from an owner. We will close in next Friday, but today, we realized it's a leasehold property (subject to ground rent) instead of fee simple. However, the owner has n...
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Hi All:
My cousin was supposed to close on a conventional refinance in a few days. The lender is claiming that he had a foreclosure where he co-owned a property with someone and was on the title deed. Since the fore...