Here's the scenario. After agreeing on sale price and having their inspection, the buyers and I agreed in a repair amendment that I would make certain repairs to my property which ended up costing me approx $4,500....
Greetings;Apparently, my current and previous tenants have failed to pay their water bills, per the rental agreement. My PM knew nothing of this until . . . well . . I'm not sure how they found out . . Anyway - whe...
Hello BP Community,I've been accused of short-term renting my unit (which I have not) and was fined $12,000. Furthermore, the building's bylaws have a 25% rental cap, and my unit is NOT approved, yet I informed them t...
I intend to borrow money from segregated rental income accounts that I have established for multiple parcels of apparently abandoned real estate that I control, but do not own. Does anyone know, of a law (State or Fe...
So I got sick of those calls where they didnt have enough equity for me to buy but they still needed to sell. I guess after the 20th one or so, I thought hey why am I throwing this money away and ending the calls with...
I was told by someone that I need to set up an LLC or S Corp to wholesale real estate. Im not too sure if that is necessary though as I will never actually have ownership of the house. Any info on the topic would be m...
Economic Update
(Monday, April 26, 2021)
While the nation was focused on a Minneapolis courtroom last week, there was also history emanating from a Los Angeles courtroom. A federal judge overseeing a sprawling la...
Hi All,I'm looking for my first investment property in Northern KY / Cincinnati. I've been pre-approved, but that was through my personal credit. (DM me if you have any off market deals in the ~<$150k range)If I wa...
If I offer to take over paymens, how do I obtain the deed/title, without triggering a due on sale clause? I have a seller who wants to get rid of their house (for no profit) so they can get in their "bigger, better" ...