Dhwani Shah
Made a mistake in purchase contract, how do I correct it?
Hey guys. So my wife and I are in the process of buying a home for ourselves. We have one investment property, but this is the first home for ourselves. The listing price for this was 320k, but we ended up getting it ...
Andy W.
Do potential tenants balk at screening costs?
I'm preparing to show an apartment to several potential tenants tonight and I'd like to run credit/background checks on anyone who applies.From the services I've explored, it seems your average suite of reports comes ...
Thomas Usher
Starting out with a big fish on the line....HELP!!!
My situation looks like a new investors dream deal on the surface. A 250 unit apartment, with owner financing that currently cash flows. The rents are well below market and the complex needs about 750k worth of renova...
Stephanie D.
Getting cold feet - help!
So we've got an accepted offer and have fulfilled all conditions. Had a bit of trouble with financing due to the type of foundation but that has now been resolved. But last night, just before our deadline, I wrote to ...
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Is it better to invest in commercial property or residential
What is a safer bet, investing in commercial buildings, or investing in residential properties. If you become a local landlord to shops in a town, would that be better then if you had homes there?
Thank you.
Pat Jackson
Paying off properties early....love it or hate it?
I've read a lot of the forum posts, blogs, and am on podcast 131 (working my way through them), and paying off properties early vs. paying them off over the life of the loan seems to be a fairly divisive topic. Befor...
Mabel L.
Re: What would you do with a lifetime leased unit?
I need some input for a SF specific situation that no one but those who knows the tenants laws in SF could possibly understand:I purchased a 1 bdrm TIC to live in, moved back home temporarily (so I thought) when my mo...
JD Martin
Kiyosaki has spoken - October economic crash coming!
Well, I guess we (collectively) are going to see how smart Robert Kiyosaki is, at least when it comes to predictions. On a news program he makes the bold prediction that real estate & the stock market are going to...
Jason Kim
Setting Up LLC Under Different State
Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
Dustin Li
About to close on a property, was just notified the city has condemned it.
Out of state investor here, first time investing in the Columbus market. I am currently under contract for a property that was recently renovated. Inspection checked out without major issues. I had someone on the grou...