After 4 months of yellow letters, climbing the learning curve and finally getting serious about finding deals, I made contact with a motivated seller holding a distressed property. He was an accidental landlord fo...
QUESTION: Is a $295 commission or fee to my realtor's brokerage, in addition to the 3% sales commission common?SITUATION: I recently asked my agent to draw me up a purchase contract for a vacant lot sale in Palm Beac...
I live in the Nashville TN area. Im about to move out of my current home and rent it out. This is going to be my first propery in my rental portfolio. I have talked to rental warehouse about managing the propery. They...
Hey guys,When do you guys create an LLC when you want to create a partnership? Do you do this before a deal or during the deal (in the beginning or at the end?)Also, when do you guys create an LLC when you're going so...
I work for a large tree company that works on a National Scale in the Corporate realm.
The question I have is this:
I am finding that many investment companies are willing to accept a large amount of liability w...
Hello, I need help researching/analyzing locations in the midwest for my first investment property. I've narrowed my search to the following areas for affordable entry points and growth mostly. Some things I discovere...
Hi guys,
I'm new to the BP forum and to REI in general.
I'm wondering if you could share with how common are property management companies in the Baltimore area.
Considering the fact I'm about to buy my first property...
Hi,
I recently purchased a 5 unit multi-family home in Massachusetts that is heated by one, very outdated, boiler. To separate utilities, I had the option to go electric (costly for tenants), put in 5 furnaces, use a...
I have never understood why landlords would let their units sit vacant. We do what it takes to turn units over in between tenants. If the price is to high we would lower after a week or two of advertising. Lower $2...
Hey Louisville BP members! I am working my way to the analyzing deals portion of my journey to investing in real estate. One concern that keeps coming to mind is how to determine what areas/neighborhoods that I should...