Hello,We are in the middle of closing on a house, and the loan officer stated we needed to submit an executed lease prior to closing (move in date can be later) or we will lose the loan. We have about 2 weeks, and a ...
A developer I vetted has invited me to invest in his projects as a silent partner paying 6% interest with monthly payments.His projects are socially responsible, which is important to me.Is 6% a good rate? Someone in...
I am at an impasse in my legal setup. My original plan was to buy 3 properties and then set up an LLC. I am now thinking more longer term. I considered a Series LLC, and I also considered just sticking with umbrella...
(I wanted to start this thread separately to avoid hijacking another thread where this subject came up. The topic is important enough to warrant further discussion.)
As @Tracy Z. Rewey pointed out, there's a huge dif...
I am actively looking in my market (North East Pennsylvania) for my first buy and hold property. To be prepared I formed an LLC to hold the property once I find it. I am primarily looking at duplex, triplex and qua...
Funny but not so funny occurrence --Im a new landlord and my tenants just moved in today. I got a call that the bathtub wasn't draining. I asked them to use the drano I provided first. They did and said it didn't work...
HI Everyone...Just joined BP - I've been reading the forums for 1 month. Lots of great information. Thanks to everyone who is sharing their knowledge. I am debating whether it is worth using my SD IRA to purchase rea...
I despise Property Management companies. I think a majority of them are thieves and thrive on nativity. I usually end up buying my properties from people who used PM companies and ended up needing to sell their proper...