Nikki Cuozzo
Concerns about no lease for tenants
Hello! I am in the process of purchasing a 3-family home. I am awaiting inspection in 2 days, however in the mean time I have been slowly acquiring information on the tenants who are currently occupying 2 of the 3 un...
Wesley Kuo
Do you give receipt/confirmation for rent received?
Greetings BP family!I want to know how many landlords here give receipt or confirmation of any form to acknowledge rent received from tenants? From my perspective, it can be used to:1. make tax reporting easier2. reso...
Damian Kennedy
How do I structure a Transactional funding deal
Hey Guys, I am new to wholesaling and I am looking for deals in my area off market. If I found a prooerty how do I structure the deal with transactional funding?
Mark Hu
Wiring deposit funds before purchase agreement signed?
We recently had a seller request we wire the deposit funds into escrow before they signed the purchase agreements. We backed out on this request. The escrow agent said that this was common practice but we have never h...
Brant Richardson
Can I get more loans if some are Freddie and some are Fannie
A friend of mine said that I may be able to do a cash out refinance with more than four loans or get more than 10 loans if some are with Freddie and others are with Fannie? I have not heard of this before so I tho...
Paul G.
Dispute with HOA Board over Renter Noise
OK so, I'll try to condense this into a relatively short story. Please keep your "that's why I don't buy condo's, that's why HOAs suck, etc to yourself" lol. This is my first bad experience with an HOA in 5 years.I ...
Ryan Daulton
Tenant property destruction
How do we protect ourselves from a tenant causing us significant damage in excess of the deposit amount? e.g. if we add a clause to the lease contract stating they will be liable for all charges due to their purposef...
Chase London
Broker maybe trying to stall me. Need some insight.
Whats up BP family. I found a property that I would like to make a cash offer on to purchase. Its a fixer upper that with rehab will have decent equity. I signed on with a broker when I was seeking FHA loan but since ...
Syman Scarpellino
Code of Ethics and Bad business practices
Hey BP, been working on a off market deal for the past couple years. We finally agreed to terms and had a attorney draw up the paperwork. (Luckily both parties signed when we did)
I contacted a few contractors to ...
Aaron Millis
Homeowner paying non homeowner taxes
Hi all,
I had a quick question that is probably simple.
I bought my personal residence in march of 2017 and I purchased it from another investor. He was not currently living in the home so he was paying higher taxes....