Edgar Perez
Marijuana smells in a 4 unit multifamily
Hello BP,I own a quadplex 4 unit multifamily in a state where marijuana is not legal in any capacity (recreational or medicinal); and one of my tenants (A) has mentioned marijuana smells coming in through the vents sh...
John Hernandez
Transferring Loan to LLC?
I have my first property in a personal conventional loan and have another property. When trying to pull out home equity via HELOC, the DTI was too high despite everything else looking good. I was thinking of how to mo...
Andy Wayne
Legal Status
Hi Everyone,
I just closed on my second property of the year. And I was wondering for the people with multiple rentals, how do you have them structures from a legal standpoint? Right now, the properties are just in m...
Steven J.
Whats the proper way to reject a contractor
I'm working through my first rehab and as I'm interviewing contractors and getting bids some of them just leave a weird feeling afterwards. Sometimes the guys just comes in WAY too low on their bid with WAY too much c...
Alex Johnson
Arlington Virginia investment
I’m stuck in DC for the next 2 years as my fiancé is at law school and am thinking of purchasing a property that we could live in then rent out or sell out when we move back to NY. With that said we found 2 places wer...
Patty Capson
Collecting rent through Venmo
In the past, I have only collected rent by money orders. Last month a tenant asked me if they could pay through Venmo. Is there any reason why I should not let tenants pay through Venmo?
I have tried to collect th...
Chris Krull
Zombie mortgage haunting
Without getting to far into the weeds...I had to file bankruptcy (chap 13) in 2015, in which I surrendered a mortgage. Fast fwd. to today. I am 7 months out from discharge and preparing to re-establish bmyself and mak...
Jake Brockway
Question for househackers!
My wife and I recently started our real estate investing journey, and we have decided that we are going to house hack. I talked to my father about our plans to house hack, who happens to be a property lawyer ( how con...
Henry Clark
Self storage- Political impact November 2024
Responding to a question about Political impacts and Self-Storage in a discussion.From a political standpoint, don't see a change in the stock market. From a performance standpoint, I see a big change. Price/Earning...
Sharukh Ahsan
HELP: REO with Title Issue
Hi everyone,
Recently went under contract with a Wells Fargo REO. Upon title search my attorney has discovered the following:
Previous owners of the house transferred the ownership to their living trust.The bank for...