A seller from Out of state responded to my letter to sell his duplex. He wants nothing for his property except for me to clear the bac taxes and liens. He sent me the statements from the school district, county, and b...
Hello - I've been looking to get started in the real estate investment business for a while now. My goal is to create a cash-flow generating portfolio for my family and break free of the "corporate slavery" we deal w...
Hi,
I've just joined BP and am loving the site!
I'm intrigued by many stories and wanted to share one of mine.
I am currently attempting to purchase a 5-unit building with no money down.
This is not my first proper...
I know there have been several threads on similar subjects in the past, but I couldn't find any with quite the same details. Tenants moved in 2 months ago. They are both on the lease. They met rental qualifications...
The SFH that I am looking at has an extra bedroom. The owner and agents could not give me a clear answer. Where I should go to check if it has a permit. If not, will it be a problem when I seek to legalize it? Will it...
Hi,
I find myself paying several (good) workers in cash and they won’t give me any receipts or won’t take a check. Many of them don’t speak English very well and are simple folks. Example gardner, handyman, cleaning ...
The property management company I’m checking out has this for their evictions and collections section:“Standard eviction service is a flat $350 which includes document submissions, filing fees, court appearances, lega...
Hi - I am looking at investing in a true Duplex. The house has a bonus basement unit. Are there concerns with renting out the unit as a 3rd bonus unit?
Hi, I am trying to refinance out of a bridge loan and am pushing to meet the mark on income. My CPA suggested I use my W2 and my Rental Income and basically not claim much if any of the tens of thousands in expenses t...
Good morning everyone,So last night I got a letter in the mail saying that our business tax returns were never received, and my wife and I are each being fined $195.00. We own 3 different LLC's, and Mailed all 3 retu...