Amad Osman
Pennsylvania Confession of Judgement
Hey Guys,I was closing on my first multi-family in PA the other day and the lender had me sign a confession of judgement tied to the loan. It was the first I ever heard of it and after closing I researched it. After r...
Johnathan Boyle
Good tenant on hard times NJ
Hello BP,
This is a late post but I wanted to gather the intelligence of the community on an issue I'm fighting with consciously. I know there are several alternatives to this but I wanted people's input. So I have a...
Tim M.
Private lending @ 10% in Oakland, CA - good or bad deal?
Hello BP- I'm a first-time investor in Oakland, CA. I'm in contract on a duplex that I plan to owner occupy. The building is in extreme disrepair and needs extensive work, foundation, full remodels on both units, new ...
Andrew Steinhaus
Terminating Property Manager Mid-Contract
Hello all, Long-ish post- reader beware:Currently having many issues with a PM that is bringing me close to firing them after only three months of the contract and looking for advice. Background: Hired PM in October, ...
Alexander V.
CDC Eviction Moratorium - Some Comments and Suggestions
As many of you know, President Trump signed an executive order in August that, in addition to other tasks, required that"The Secretary of Health and Human Services and the Director of CDC shall consider whether any me...
Peter Tavolacci
How to switch management companies
Hello Team - what is the best way to switch management companies? We currently have two management companies covering our rental properties and we are thinking of consolidating all into only one of them and halting bu...
Daniel Patton
Employees: W-2 vs 1099
What are the tax benefits/downsides to making someone a 1099 employee vs a w-2 employee?
Hector Salas
Submitting Multiple Offers at Once?
Hello BP community. My name is Hector. I am a bit new to BP and the whole real estate business. I have a question for you guys. If you submit multiple offers at once, and get excepted for a few of them, what happens t...
Alex Carestia
Backing out
Hey everyone! When in the buying process is the last moment you can back out of a sale as the buyer? Am I allowed to prepare a purchase and sale agreement and then move on to due diligence and add a clause (even if it...
Sami Gren
Tenant wanting to move out in middle their lease
HI all,I have tenants living with an older mother (in her 60s) that has health conditions.her daughter living with her, let me know today that she went to a doctor, and he said due to her health getting worse she sho...