Bryan Hancock
Becoming A Millionaire Is A Letdown
I read this article this evening and figured folks on BP may enjoy it. He does a good job of highlighting the key elements to becoming a millionaire for most "ordinary millionaires" that don't get a lot of media hype...
Craig Grella
Effect of the economy on Rent prices
There was a recent forum here in seattle at which RE advisors commented on the state of the apartment market and the effect the ailing economy has been having on rent prices.
Here in seattle, we've seen a 3% reductio...
Renato Dias de Carvalho
Cannabis legalization 2018, which cities in Canada will be hot?
Hello everyone,I am thinking about how this major change that is happening in Canada will affect real state. I could not find in the internet any article that talks about this. It looks like Niagara region and Alberta...
Krishnan T.
How to Close an LLC in Indy
Hi BP folks,How to close an LLC opened in Indianapolis and are there any procedures or reporting I have to follow to take money out of the bank account linked to the LLC? The property was sold at a loss.thanks,
Ryan Mulder
Avoiding Tenant Rights
Hey! We have a property we're just getting started with in Mars Hill near Asheville that we are short-term renting. I want to increase the max amount of nights a guest can book but I'm afraid of running into the iss...
George P.
When lending ~15k to rehabber short-term, what to look out for?
I have been (briefly) pitched by a rehabber who needs $$ to rehab multi-units, occupy and resell 18-24 months later. Promises 8% and percent of profit upon closing. Claims it'll be secured by 1st lien (I have to menti...
Yulanda McAllister
Private money lender
Hello I am new to real estate and have the opportunity to become a private money lender. What do I need to know before I jump into this and what documents do I need.
Jon S.
Are 2 Witnesses Req in Florida on Leases greater than 1 year?
Is this true? Check out the link to attached article. This question is a little bit confusing. According to this article, in Florida only the landlord signature requires 2 witnesses. My lease, however, which was drawn...
Account Closed
Clearwater Florida Multifamily
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $164,000
Cash invested: $10,000
This is a duplex that I ran the numbers on that worked. It is in a great nei...
Geoff Cavender
Creating a Partnership
Hello, I am about to form an LLC with my friend who has his own contractors business, and I am a real estate agent. Our goal is to start flipping houses now build some cash and then buy and hold duplexs. I am lookin...