Hi everyone,
I have a question about what people think of the 70% rule in this market. I'm in Southern California and experiencing the same low inventory problems as many regions. Houses are getting picked off the ML...
I've bought a couple foreclosures on the courthouse steps and so far I've done ok doing my own title research. One thing I'm not exactly clear about is bankruptcy. I know you're supposed to check that and I know the r...
Hey BPers,My scenario requires a bit of a background knowledge in order to fully understand. I will try to break the scenario down piece by piece for ease of digestion. Here goes.The Buyers: Myself and a partner (l...
Hi All,
I am a new investor and was wondering if the more experience investor can give me some pointers/advice. I've been searching for 6 months and I hope I'm not rushing into anything because I'm too anxious. I a...
I am starting out as an investor and have done some reading on Series LLC. I searched in the forums and did not find an answer.
I have seen a setup as follows:
1. abc LLC (Parent LLC)
2. 1 Series LLC "cell" to manag...
First time buyer here so this may seem silly. I'm trying to make a cash deal on a 200k 3 unit commercial zoned property. It is currently renting for 2.1k. I know for sure that the roof needs repair and the cellar need...
Hi All,
I have learned a TON from the BP community and am very thankful for the creators, moderators, and members that make this all possible. As a small token of my gratitude and first opportunity to contri...
We recently bought a property that we have found out within the first few weeks of owning it that is has VERY SERIOUS drainage and humidity issues and lots of previous water damage that the sellers did not disclose. M...
Anyone accept a year rent upfront and provide a discount...potential tenant is asking? If so, what amount of discount do you use?
Several applicants with disclosed felony arrests and convictions have passed tenant verification checks. Tenant verification sites, which charge for nationwide criminal, income, and credit checks, are clearing these a...