So i've read through the BP ebook and other books related to real estate. Most of them say that the right time to buy for an investor is when there is a lot of inventory and when the prices are low. When exactly is...

Hello friends,
I am currently under contract with my first STR in northern Michigan. The location we chose will be a 4 season rental (skiing, snowmobiling, boating, fishing, golfing) with lake/dock access. Our offer ...

Hi everyone.I would like some suggestions on how I should approach this situation. I have a set of tenants who have been living in my rental for over a year (before I even bought my property) and their lease with me i...

I hate dealing with Fannie Mae.

I have this FNMA property under contract to close on May 2. There is a separate thread on that HERE, but I think this is a different issue and I need some advice on how to mov...

I need to create an LLC for financing as well as liability reasons. This thread isn't about the pros and cons of forming an LLC.Rather, my question is:Should I hire an attorney to do it "right", or is it good enough f...

I’ve had a tenant in place now for 6 months and they have only paid once on the 1st. They have technically been late every other time. 3 times they paid after the 5th which is when a late fee is applied by state law. ...

Good evening all. We are a pretty new HOA and we are having a meeting of the membership to determine some sort of criteria for the CC&R's. There are no specifics about what members can and cannot do, so we're gett...

hi BP,just want to thank you! stumbling on this site was the best thing ever!I don't have time to write out the details bc its still work in progress and I'm just updating you all on my journey here on BP.Thx for the ...

So, 3 weeks ago, I found a house on the MLS listed for $74k, I made an cash offer on a short sale and it was accepted by the seller. Today, I got a phone call from my agent saying that GMAC negotiator wants $90k for ...

Is it customary for an electrician to charge a fee for pulling permit plus the cost of the permit?  
 I was sent a code violation for work that wasn’t completed 2 years prior to me purchasing the property. I called ...