Chris Spespy
Apply for new zoning vs. running an illegal unit
Hi all,I'm about to put an offer on a property in Haddon township, NJ. Unfortunately, one of the unit turns out to be an illegal unit. The unit has been there for over 20 years. My question is, is it worth getting a l...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
T. Alan Ceshker
Wraps and due on sale clause
I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due. Some because of mistakes with insurance. But, some due to lenders looking.One lender/servicer is HomeLoan...
Matthew J. T.
Discrete Assignment Fee
How do I keep assignment fee disclosed from Investor? Let's say 150,000 house, i mark it down to 40k, and i want to sell to investor for 75k, how can I do this without him changing his mind about closing the deal, it'...
Account Closed
Realtors getting mad for asking them to do their job
First, let me clarify that I am not out to bash any realtors or the profession. I do not claim to know everything about real estate/ act like some guru. I'm just a noob who is trying to buy his first investment proper...
Will Barnard
The Occupants from Hell!
I am currently dealing with some occupants (who are no more than squatters) and getting them out so I can get in and start the rehab has been a daunting process. Typically, I get them out with cash for keys and it is ...
Cody L.
Wholesellers - Stop. Read this. Wholesaling is ...
...Dumb.
[Sorry to be mean. My comments as an owner -- rant ahead]
Seriously. How much are you guys paying for your "lists". How many of you think buying a list of: owners that got a red tag. owners that got an...
Lori Greene
What has kept you from progress? (And did you overcome it?)
Having had so many investing students and BP members express their issues around funds, education or just plain fear, I thought it would be helpful for everyone to not only hear from investors having challenges or hes...
Greg R.
Housing crash deniers ???
Unfortunately I've been away for a few months while taking care of some personal matters, so I haven't been able to keep up on discussions.
However, several months ago there were ample amount of folks here insisting...
Scott Royer
Spouse Partnership Dilemma
My wife and I started a partnership LLC. We are trying to figure out how to split up ownership, should we do 50/50 or 51/49? Our friends do investment properties but the husband is the primary person that does the w...