Hi! I'm under contract on a property in the Tacony neighborhood of Philadelphia and noticed that the current landlord has an inactive rental license since 2020. Has anyone else been in a similar situation? Anything to...
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $90,000
Cash invested: $105,000
Appraisal price: $250,000
both units needed a complete rewire. So you...
Okay, I have read the laws/regs and called the board but no one was able to answer my questions. In fact, the person answering the phone at the Board gave me info. that was wrong and contradicted the regs. I know yo...
Hi BP,
Today, I have initiated 2 applications on SmartMove for a couple. The husband completed the application without any issue. The wife had left the window inactive halfway through the process and she could not lo...
Hi Guys, I came across a property in a active adult community where 80% units are for 55+ and the 20% are with no age restrictions. me and my wife are in early 30's. I have two kids both are below 3 year of age. I ...
I'm in contract on a home in a nice neighborhood. The Title company shows the builder established a HOA back in 1979 and it is still in force, though the sellers and listing agents were not aware of it. I plan on e...
Hi Everyone,I reside in Florida. I plan on renting out my home and, in the future, possibly obtain more rental properties to manage. My question is regarding having a real estate license and property management. In o...
I did an inspection on a 4 unit yesterday. In the basement is 1 meter and 2 panels with circuit breakers. The wires are newer and my inspector noted some wires were not enough amps. Then we get to the attic and eve...
Hi BP community. Since I have my real estate license in the state of florida do I have to disclose that I have my license if its set to inactive?
I set up an LLC in the fall of 2021 but have not done anything with it to this point beside pay the necessary fees and taxes to keep it "alive." When I first opened the LLC, I was under the wrong impression that if I ...