Tim Braun
Purchasing a small mobile home park via. land contract - need some advice
Hello all, hopefully this is the right place for this. I am considering purchasing a small mobile home park (6-11 pads) on a land contract. I'm addressing the site details on a different post, so I was hoping to get s...
Stone Jin
What happens when I die
As we are doing estate planning we are coming across this bizarre question. Let's say I currently have 10 mortgages and my wife has 10 mortgages. If one of us were to die, would the other assume the mortgages even t...
Andrew Jessup
Can I Restructure to an LLC Owned by Family Trust
I have a former primary residence I want to convert into a rental. We would like to have the property to an LLC for liability purposes and then have the LLC owned by our Family Trust for Estate Planning purposes. Howe...
Yinan Q.
Online rent payment service provider WilliamPaid shutting down
Just got en email form WilliamPaid today indicating their online rent collection service will stop on March 5. They did recommend a few alternatives that provide similar services, including:
Renttrack.comClearnow.co...
Brendan Murphy
Should I create an LLC to handle my seller finance deals?
I wanted to get the opinion of some of my BP family. I currently have a portfolio of rental properties and I have negotiated the sale of one using owner financing. I currently hold these homes under an LLC. Since I am...
Gabriel Reff
Land Trust
I want to know the good, bad and the ugly about land trust and why I haven't heard of to many people using them..
Michael Klinger
Business Banking Cincinnati
Hopefully not too off topic? I'll try to avoid asking "where does a multi-family investor buy a set of toe nail clippers?"But... I need a new bank where I can open up a pile of business cehcking accounts to operate Ci...
Nicholas Armstrong
Help! Seller is Financing My Deal! Now what?
Hello All!I have a quick question.I have read a great deal of info about seller financing and I feel pretty comfortable with a deal I just struck with a worn out landlord. But I just want to verify a few things.Can an...
Whitney D.
Utilities Swap
I know there are threads about utilities etc already but I am in an interesting situation and looking for some feedback.I moved out of state and the tenants in my house intend to buy it after leasing for one year.I am...
Stan Plebanek
Has anyone ever done this?
I have a friend that is looking to relocate. He has a nice home that does not need any rehab. If I took over the payments subject to the existing mortgage, it would cash flow but there is always the posibility of th...