Austin Latty
Advice on first flip
Hello BP,I have finally started taking big action and not trying to have the whole process figured out before moving. I have just gone under contract on my first investment property, and will be flipping it. I have ...
Sean Salandy
Should I use an attorney for LLC/S Corp formation
I've recently met with both an attorney and CPA (separately) about entity formation. They both offer formation services at vastly different costs. The attorney will charge nearly 8 times as much to form a Series LLC t...
Michael Timothy
Hard Time Raising Capital
My partner and I have everything in place. Accountant, Lawyer, Business Plan, Real Estate Agent, Project Manager, General Contractor, Joint Venture Agreement, Hard Money Lender but what we cant seem to get is inves...
Nicholas Gallinot
Building a proper team in a small town
Hello all!Very new to this whole scene....but I am a very interested and hopeful future buy and hold real estate investor in the single family home/duplex/triplex market in central and northeastern Pennsylvania. I sa...
Mark Updegraff
my first development proposal
Coincidentally, a few doors down from my first rental property, the city has put out a RFP for a .5 mixed use development. The deadline is May 16th, which is fast approaching, but I think I have my team in place to m...
Michael Hartman
Advice/Need guidance
Okay BP...
Just talked to my first seller today. He owns a vacant property that needs a ton of work. After speaking with him he definitely seems eager to get rid of the property, he owes 3 years of back taxes on the...
Meagan Dempsey
Next steps after passing license exam
Hi! I just passed by state exam this past week and I'm hoping there are agents on here who can answer a couple questions I have. Most importantly, I'm not exactly sure where to go from here. I already have in mind a g...
Joe Splitrock
CDC Eviction Moratorium is Misunderstood
There is some confusion around what the new eviction moratorium does and doesn't cover. First of all, the CDC eviction moratorium prevents eviction due to lack of payment until December 31, 2020. CDC derived authority...
John Williams
Biggest mistake you made when buying STR / vacation home?
I’m considering buying a second home which I’d rent out in Airbnb/VRBO for part of the year.What are the biggest mistakes you made when buying a vacation rental? What do you know now that you knew then?
Devin Gordon
How to handle the Late Fee
Say the lease states, rent is due on the first and every day after that its late is a $5 fee per day until up to 5 days. Then if not received by the 5th you can go ahead with the pay or vacate letter or whatever but m...