John Snow
Formality of an offer
After overworking every number possible in a possible flip property, I'm ready to make an offer on a property. I'll be meeting the homeowner Monday to discuss that offer. I came across this property prior to it bei...
Brian Louderback
Bank said NO to putting house in LLC name
My wife and I formed an LLC to use for our new rental business. We just purchased our first rental a couple months ago and are just about done with all the renovations. So I called up the bank to see about doing a qui...
Raymond Waldo
Foreclosing lender does not have lien on my wife's property; can I put one in place to better bargaining position?
The lender of the first mortgage on the house which my wife has sole title of, made an error when the mortgage was created, and does not have a lien on the property.
We are in the San Francisco Bay Area. My wife and...
Lloyd Segal
Economic Update (Monday, April 5, 2021)
Economic Update
(Monday, April 5, 2021)
Given the news from the labor, real estate, and manufacturing sectors, it's no surprise that “Consumer Confidence” in the U.S. has increased to the highest level since the b...
Adam Walter
Trustee is trying to void my mortgage in Bankruptcy court
I have an interesting situation and trying to figure out the best solution. I sold one of my rentals to my tenant with a seller backed mortgage and note (this is in Ohio). The date of the note and mortgage was Octob...
Alex S.
Single Member LLC and Limited Liability?
Hi Folks,I am looking to purchase my first investment property (either a SF home or less than 5 MF units) and plan to hold it in an LLC, with myself the only member and the member-manager. A couple questions about th...
Sean Kollee
inner city duplex part 37- 47
We are well into finishing now, lets show some photos and move on.post 37 - more finishingOn these smaller inner city jobs it makes a lot of sense to get the trim and door work done before the cabinets. Usually the ...
Jonathan Yeh
Dilemmas about purchasing a rental unit this year in Airdrie/Calgary..What to do!?
Hey guys, I'm an investor living in Airdrie right now, and I have been holding off to purchase a rental unit for the past year or so due to inflation and the forever-rising interest rate.However, I plan to buy one thi...
Rick Santasiere
Lead Paint Remediation
Good evening BP Colleagues. Has anyone ever gone through a Lead Paint Remediation process before? In my experience, if Lead Paint is proven to be present (and is disclosed), the property is labelled to the world. So...
Tyrone Marson
Rental property management
I have made an offer on a property in the Belair-Edison area of Baltimore, which I will rent once closed. A couple things I need the communities help with. I am planning to use a listing agent to market the property t...