Eddie P.
Why do investors buy HOA liens at auction?
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
Elio Mariani
Holding property in LLC/Corp
I plan to buy a rental property with cash from personal assets (stock market) and I plan to have the title held in an s-corp, for liability protection. Is there liability protection value in having the s-corp borrow...
CJ M.
Kids throwing rocks at windows nearly everyday. Won't stop.
Sorry for the lengthy post, but I've run into something I haven't had to deal with in the past. Not sure if there's much else I can do, but wanted to post what's going on here to see if I'm missing anything.About a mo...
Thomas Tarry
Is this Realtor unethical?
I’m an Associate Broker in Syracuse, NY and this happened to me last week: I submitted and offer for a condominium on behalf of an LLC. The agent called me back and countered. My buyers accepted and we signed the d...
Daniel Fitzroy
Should you avoid becoming friends with your tenants?
What if you owned rental properties and when you went out to take care of a tenants complaint, you had a great chat with them and they invite you to go do something fun with them that you both enjoy like fishing for e...
James Wise
Clayton Morris / Morris Invest House of Cards starting to fall.
It looks like Clayton Morris' (Morris Invest) House of Cards is finally starting to crumble. This article just came out today.https://www.indystar.com/story/news/2019/03/26/fox-and-friends-clayton-morris-investment-re...
Michael Noto
Diary of a 3-Family Flip in New Britain, CT
@Bill Labrecque and I recently purchased a 3-family in New Britain, Connecticut as a flip project. Since we are expecting the rehab to be pretty be expansive we figured it would be good for a BP deal diary which we ha...
Justin Case
How to unclog sink/tub pipes?
A tenant just called and said all her pipes are clogged and drain slow. I know to take the U shaped pipe off the sinks and clean them.
I did this before she moved in.
What do I do if it drains slow after I clean thes...
Caleb Teachout
Stocks vs. Real Estate
Excerpt from a post I made on the stock investing forum "The Motley Fool." The audience is stock investors who are equally passionate and successful in stocks as the BP community is in REI. Many of them think going al...
Ihe O.
So you are running a business!
I keep reading people here saying "Your rental properties are a business" as a precursor to some inflexible dogma about sticking to the letter of agreements and pursuance of remedies for breaches. Let me point out ...