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I'm working on my taxes and getting together my list of contractors I used in 2019. I have never done 1099's but as an LLC, I feel if i want to grow and expand I need to start. I called several of my contractors up an...
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Hi All,This is my first post on here but I have been entrenched in real estate research and analysis for quite some time now. There is one question that I have been grappling with for awhile now that I would love to g...
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Our first flip of 2020 was purchased in the middle of December 2019. Here we are nearing the end of January and the property looks more or less the same. I naively trusted a contractor I had built a relationship with ...
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Hello,I recently came to the conlcusion that there had to be a better way to invest for my future. I started asking the right questions, and those questions eventually led me to BP. This site is an amazing collection ...
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We have a rental property in the Inland Empire in So Cal and the tenant living there was getting very high water bills for the past few months. When they called the utility company last week, they were told there c...
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I recently spoke to a supposed RE investor and our conversation went something like this
- Do you buy wholesales - can I assign a contract to you?
- Why would I do that? If I like the propertly I'll buy it myself ins...
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I'm currently out of state and I received a call from a tenet today that there is mold growing on the wall behind their couch and under the sink. The tenet sent me some pictures and the good news is that the mold is g...
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Hello,
I am in the process of purchasing a two-family investment property in Camden County, NJ. The contract was signed a month ago, mortgage approved this week, but the existing tenants won't let anyone inside to pe...
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BP Community--Happy Thanksgiving!I am about to close on a property in Chicago (in two weeks). I just asked my lender if there are any issues with purchasing the property via land trust. He researched guidelines for co...
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Hello, Happy Tuesday! Here is the situation I currently find myself in!!
My Tenants are excellent meaning they pay everything on time and have treated my rental like their own. I got a call from them 2 weeks ago clai...