Mandee H.
Housing as a Right? Any insight on the Future for InvestorI?
I have four units and plan to purchase several more as the leading part of my retirement plan. After reading this article and others similar, I’m nervous for the future of investing. Any insight fellow investor frien...
Account Closed
How much is a partnership agreement?
What should I expect to pay for an attorney to help me with a partnership agreement in Georgia? There will be 2 partners. We are interested in flips and buy and holds. I had one attorney tell me it starts at $3500 and...
Geoffrey Lau
LLC funding - Personal funds / legal liability
Hi BP Community,
I'm in the process of setting up an LLC and have questions regarding the initial funding of the LLC. The plan is to purchase a property under the LLC but in order to do so, I assume I would need a se...
DeJarian Dickson Graham
Evict a previous foreclosed homeowner who been living in prop3yrs
Hi everyone this is my first time evicting tenant. Purchased a property where the prior homeowner has been living in property 3 years past foreclosure.. It’s a delicate situation telling someone the have to leave. Do...
Mauricio Duarte
QuickBooks Help - Accounting for Item Returns
I'm new to QuickBooks and need assistance accounting for item returns. Here's an example of what I'm struggling with:Let's say that on 5/27 I purchased an item at Home Depot for $10 which I assigned to a COGS category...
Jonathan Liu
Charging a "Premium" for Month to Month
I purchased a duplex and inherited my tenants. I recently raised rents and the tenants were fine with the increase. One of them signed a one-year lease, but the other side does not want to commit to a year because she...
Bill Briscoe
Any RentApp website users?
I just signed up for RentApp, which provides a customizable online application that is completely free, both to me AND my tenants. The local custom here seems to be to accept free applications(some use RentApp), then...
Margaret Essien
Property Managers Mismanagement
Hi, everyone.
My uncle is an out-of-state (Nigeria, West Africa) investor in Toledo Ohio. He bought a 4bedroom, 2 bath single-family unit in 2016 with his retirement life savings. He contracted property a managemen...
Sam Clemons
Do these closing costs seem high?
The total loan is 135k for a 180k property. The loan originating fee of 3.4k seems high. My closing costs are almost 9%. Does this seem normal?
A. Origination Charges$3,412.5001 % of Loan Amount (Points...
Elisse Glasco
TRUCKEE build costs
Looking to build in Truckee, what are current market construction costs? Architects and builders in the area are quoting 2000 per square foot, but I am seeing new construction builds in Martis camp selling for 4 milli...