Hi guys,I know there are tons of discussion regarding getting a loan under your name and putting the title in your LLC.May be I am not looking hard enough but I can't seem to find how to do accounting in this situatio...
Is there a best time of the month to close on a mortgage and why? Is the beginning, middle or end of month the best or does it just not matter? Thanks!Brad in Wake Forest, NC
I own an S-Corp and I am owner, president, secretary, director etc. My fiance is also a director and I would like her to get her real estate license.
If I am purchasing property in my S-Corp. Do I need to disclose ...
What Is An Assignment of Contract?
An assignment of contract is a term that wholesalers frequently use when they are selling their rights to their existing contract. This ess...
There's conflicting information about the "Correct" way to prorate rent.
At least some professional property managers state the correct way to prorate rent is based on a 30 day bankers month, regardless of how many a...
I'm a real estate investor and a tenant. The past six weeks the heat in my apartment has been erratic, sometimes with the furnace just not working. The landlord downstairs found a way to get it working for a day,...
I bought a house "as-is" but isn't the buyer still required to disclose known defects, and if they don't, can I sue? I was opening up a wall and lo-and-behold, the previous owner had dug out the crawl space to add sq...
Hi BP Community,
I’m looking for a little advice on a potential down payment partnership. I’m getting ready to close on my first property with a 3.5% down FHA loan, but I now have interest from a partner to be a 20% ...
When first starting out with less than 5 properties, should I open a business bank account? Or should I just open a personal checking/saving/line of credit account and treat it like a business bank account? Also are t...
I am super new to learning about real estate financials, so please excuse if some of this doesn't make sense. My husband and I bought a rental in 2022 for my college son and friends. Due to multiple offers, we paid ...