Agustin Rossi
What to do if a motivated seller asks for proof of funds?
What do I do or say when a potential seller lead ask me for proof of funds to put the house under contract? And then what do I do if a potential buyer wants to go see the house during inspection time, what do I do or ...
Lana Ly
Hiring a handy out of work friend or a contractor?
I need to change windows in my house and some siding and have a trusted contractor who is currently estimating my work. My carpenter friend who is currently out of work offered to do the job. What are your thoughts on...
Nic Werner
Breaking lease BUT owner wants to sell - whats a win/win there?
We're 7 months into a 12 month lease, and are closing on a home. We notified our landlords early (45+ days notice) and they've decided to sell. Washington State.
I'm trying to find out our obligations on this lease c...
Jordan Santiago
INVESTING OUT OF STATE
What are the cons of investing in rental properties out of state? Financial wise. Thank you.
John D.
Legal repercussions of renting your primary residence
Hi, I wanted to know what the legal repercussions are of renting a home that you bought as your primary residence. My mortgage says that if I do this I could be fined or even enprisoned for lying about the occupancy. ...
Allende Hernandez
1099 or W2 for helping relative?
Hi guys,Reading about taxes and ways to keep more money on this side of the road I've realized I should have my wife as an employee/contractor to my company. She normally helps me with some of my investments task like...
Sarah Lyon
Self Directed IRA LLC from an inherited 401k (non spouse)
Hello BP community!So, I am desperately trying to find ways to leverage my assets in order to pay for a flip in Durham, NC that I think well worth it. However, I am running in to constant walls when it comes to findin...
Tyler Vinsand
HOA Rental Waiting List
I purchased a condo a little over a year ago, not realizing the HOA has a rental cap. When I bought the property, I was 12th on the wait list... 13 months later and I'm still 12th. While I like living here, I'd like t...
Brad Gordner
Lazy Lender note meeting easy deadlines. What to do?
Good Afternoon Everyone!
I have been progressively getting more and more frustrated with my lender. They have really dropped the ball on the latest mortgage. Here is the quick rundown:
It's a 3 units ($675 per u...
Fareen E.
Seeking LLC Guidance; Long Time Realtor, First Time Investor in Michigan
Good morning! Great to be here.
Just obtained my first LTR and did a mild flip to improve some cosmetics. Before I advertise it I need to clear up some confusion so I can start on the right path. I realize the LL...