Amanda Hensley
First investment property, with a mortgage - asset/liability protection question
This is my first post at BP. This set of forums has been incredibly, incredibly valuable for us to get started in real estate investing. Thank you all for taking the time to keep it up.
So we just signed the sales ...
Celebra Queen
What is the procedure in FL to evict a tenant, who did not leave when the lease ended
Hello, asking for help with the advise about new law signed by the governor that allows to evict squatters using sheriff's help. If the tenant extended the lease twice, but when it ended, he is still located in the ho...
Mark Kudlach jr.
Freedom mentor asking for 15k retainer
Hey BP,
Was just contacted by "freedom mentor" and spoke to an intelligent enough gentle man. I'm eager to get started in investing and would like to have a mentor. 15k seems a little too steep to me right now for a ...
Jake Kucheck
Short Sale- Lender's Rights
I've stayed away from short sales as long as I possibly could, but now a family friend is in the unfortunate position of having to short sale or face foreclosure...and all of a sudden I am now forced to be a short sal...
Christopher Erwin
What I Learned from Bidding on a 12-Plex
Below are some learnings by our Omaha investor group from when we bid on a larger commercial property. Unfortunately our bid wasn't accepted but we learned a tremendous amount.---LEARNINGS FROM BIDDING ON A 12-PLEXWHA...
Andres Trujillo
Buying in Bronx
I am planning to buy a house in Bronx, close to the city, I found a single family house 1 and 1/2 bathroom, 3 bedroom, finished basement, garage, and yard,
The house looks in really good condition, I already made an ...
Teresa C.
Can an llc accept cash rental payments from tenants?
Hi, I was told by my real estate lawyer that I can no longer accept cash rental payments from my tenants now that he created a series llc for me. Is this true? I just find it odd since I've seen other "llc" companies...
Jonathon Moore
To LLC or Not to LLC... what else is there?
Hey all!
My business partner and I are in the beginning
stages of our adventure. I want to avoid the whole paralysis by analysis
phenomenon and get moving! We are discussing creating an LLC
to protect our per...
Jacob Vargo
Referral for Quality Home Inspector in Saint Louis, MO
Hello,
I recently put an offer on my first investment property in South City, the offer was accepted. Now I am about to make the appointments for the home inspections, I was planning on doing a full inspecti...
Marion Edwards
Homepath Deal Update
My Homepath investment deal is progressing but I learned something today about Homepath financing that wasn't in the literature. Apparently Fannie Mae has a policy on cash reserves, particularly for us investors, t...