Mauricio Botero
Philly Realty Transfer Tax (x2) when buying from a wholesaler?
As we already know when you buy and sell property in Philadelphia, there is a transfer tax you have to pay that comes out to about 4.2% of the purchase price of the property. https://beta.phila.gov/services/payments-a...
German Tapia
From California, Investing out of State, Where do I register my LLC?
I am in the process to register an LLC, I live in San Diego Ca. Should I register it here or in the State in that I will be investing?Thank youGerman
Cory Lader
Out of state investing in Philadelphia
Good Evening BP. I am looking to invest in Philadelphia but I currently reside in NJ. I am struggling to wrap my head around the disadvantages of registering as a foreign LLC as I have been unable to find some decent ...
Cho T.
Having trouble finding tenant in Henderson
Hi,We bought a property in Henderson back in June. The property is located in Tuscany Master Plan Community. We are out of state and now relying on local property management company to help us find a tenant. We haven'...
Stephen Artzerounian
LLC Structure Questions
Hi all,So I am starting an LLC with two partners for rental property purposes and feel like I am over thinking the structure.We will be investing in Connecticut and Pennsylvania my first thought is to use the parent-s...
Diego Saavedra
Illegal duplex help
Hello friends.
New investor.
Bought a property in 2022 that was advertised as a duplex. There was a tenant living on one side and the other was vacant.
After living and remodeling the vacant side, I moved into the ...
Boris Shakhmurov
Foreclosure Prep - Help Needed with Liens Due Diligence Review
Good Morning all,I am completing due diligence review as a prep for Foreclosure Auction and was hoping to get some assistance from the BP team/members. I was able to find information online for the following:1. Licen...
Paul C.
Branch Out from Buy & Hold to Hard Money Lending (HML)
I've built my buy & hold portfolio to 10+ SFHs and am happy with how they are performing. While I plan on acquiring more properties, I'm finding the opportunities are not coming as fast as I would like to depl...
David Weintraub
Title Issues / Deed - Different States
Pennsylvania has proven to be a difficult place for HML to do business with new clients, specifically Philadelphia and some surrounds counties.
Deeds are not registered in some cases up to 90 days making title insura...
Robert Posta
Attention: Beware of Non-Bank Fintech Apps
Attention: Beware of Non-Bank Fintech Apps
I hope this message finds you well. I'm reaching out to share a cautionary tale based on my recent experience with a fintech bank issue involving Yotta and Synapse. Currentl...