Hello,Do you contact references to pick between candidates or do you only do it as a last step once you have picked the ideal candidate? In general, are there any good strategies to choose, besides gut feeling :)Thanks!
I am looking at creating an LLC with a friend where we would like our joint venture/partnership to be 50/50. We are trying to determine what the contract terms should require for short term rentals versus the standard...
Hello! So I have a few questions for the BP community. I am currently trying to learn more about depreciation. Is the speed at which the property depreciates faster for larger properties? Is the standard 27.5 years re...
Does it need to be notarized, have a state seal or some other identifying mark? Is there anything you can look at on a contract that would make you say " that is not valid in NC"? Thanks
If I obtain a property in my name using conventional financing, then quitclaim it to and LLC, do I have to refinance using a commercial loan?
Thanks!
Fred
I have a tenant in good standing who has a good job, pays on time, is responsive and responsible. He broke up with his partner (happens) and has a new partner who is moving in. He was very upfront about this and intro...
Hello. I just became a landlord last week. I need to get my upstairs tenant on a lease and I currently need to find tenant for downstairs. Could someone point me to where to find a good lease document? Why do you like...
Hi BP, I've got a duplex (and a condo) currently, and am looking to make the jump into 5+ units, but it seems lenders want 100% net worth on these loans. Anyone know of a lender who doesn't have that req? I am looking...
Recieved below email from my tenant :'The dryer has been acting up the last couple weeks - today it official stopped working and I can’t get it going. Would you be able to send someone out to look at it?' Is it the la...
Unfortunately, it seems that this Government wants to take away any kind of Debt Financing of either Business or Home.It's pretty much in the Republican Tax Reform policy that they are pushing ahead. What's even more ...