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I've tried google and BP but they haven't been my friend on this topic so I'll have to post here. I live in California and I'm starting to do flips all over the country. I want to set up an LLC with an S-corp for tax ...
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My property manager contacted me to let me know a tenant in one of my duplexes has been given a dog. They asked me if I would consider collecting a 200.00 pet deposit and 25.00 a month for pet rent or if I wanted to e...
Hello! I have a four bedroom three full bathrooms property that is currently occupied. I charge these tenants $2000 per month for rent. I verified the fair market value with Basic Allowance for Housing at $2169.00. ...
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3 times in just the past week I’ve witnessed sellers discriminate against buyers because of either race or sex. Humans simply can’t be trusted not to discriminate if given the chance. We’ve put laws in place to make d...
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Are all last-minute applicants bad ones?
I've been looking for a February roommate.
I've started getting more inquiries again, but after a quick Google/court record search for them, I have charming candidates.
1) S...
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Hi BP.Tomorrow I was supposed to close on a property, which we are now not going to. During the title search, we discovered a sizable second lien that they didn't disclose. When we mentioned the fact, they acted surpr...
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I got a potential subject to deal but when I talk to title companies, most of them won't do it because of the "due on sale" clause on the exiting loan. Only one title company I talked with said they can do it but won'...
I can't count how many times I have heard that:$-credit doesn't matter, it's the deal$-no one checks your credit in this game$-It's so easy to find lenders no matter your credit history$-Hard money lenders care about ...
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I hired a contractor to instal 1100 sf of tile because the Store where I brought the tile suggested him to do the job. After he started the work I noticed that he would leave my job for hours than come back and t...
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Well, I hear that flip itself doesn’t create profit and time and effort spent make the property sell at faire market value.
Meanwhile flip is not (or should not be) dependent on house value appreciation.
So when you...