A first time flipper and just sold my first fix and flip 2 weeks back. Very exhilarating feeling - thanks to all the good stuff and nuggets of wisdom all over this site.Now the first time home buyer has come back and ...
Hi all, if you are a property manager or landlord that has an active portfolio and know a good service / attorney who specialize in evictions and collections and you personally have used them and had great experience,...
Hi all! A bit of an interesting story that I thought I'd share!I recently acquired a note in 29 Palms, CA for ~90% UPB (About $50,000 mid 2021). This asset is a Lease Option contract that has been Non Performing since...
Does anyone have any recommendations for property management companies in Cleveland area?
Hello,I have a contract with a builder that has the following clause and I am being told I need to pay 10% over the previously signed contract price due to increase in lumber price (which seems to have fallen 3X since...
Curious if anyone has refinanced out of an FHA loan into a conventional, and if so how long it took to get your FHA impound account reimbursed back to you? My assumption is this might be a 2-3 month process, but I'm p...
Hello everyone,So I'm getting ready to start working on a standard operating procedures manual for my business. I only own and manage one rental property right now but I plan on having a lot more and it is never to ea...
In Philadelphia, after a 10-day Notice to Pay or Quit period for non-payment of rent, we need to file a Landlord Tenant Complaint in Landlord Tenant Court at 1339 Chestnut St, 10th Floor.After the Complaint is filed/p...
I have a foreign rental property that's been in service since 2011. I recently found out I could claim depreciation for it. I contacted a CPA and he said I would need to amend my forms from 2015 on since that's within...
Hey BP peeps,
Newbie here, in discussions for my first Seller Financing deal!
Apologies in advance if there is a forum post similar to this, but I couldn't find one with a checklist-style format. As such, I am aski...