Ruchi Patel
Laws around painting
we had a tenant for 5 year who had 3 little kids that drew all over the walls in the apartment. The house was freshly painted before they moved in. So we mentioned that they will be liable for the paint expense which ...
N/A N/A
50% of GR
When doing a cash flow analysis of a proposed rental property, does everyone use 50% of gross rents as the properties operating expenses. Though it makes practical sense, it sure cuts down on the amount of rentals th...
Giovanni Escobar
Highest interest rate on owner finance in TX
Hi, I wanted to ask if anyone knows what would be the highest interest rate that I could charge when I sale a home owner finance in Texas in 2023?
Ashley Zhang
Legal Entity for RE development
HI All, I tried to ask a similar question few days ago, but I didn't explain my question clearly, so I am trying again. I got various answer on should I set up a LLC for the SFH I am developing or not. The property wi...
Ryan Johnston
3D Floor Plans
Has anyone used 3D floor plans for showing their units? I was wondering because I've seen a few listings around Chicago that have these really helpful 3D Floor Plan Renderings (see image below). Since you only have to...
Hugues Armand-Delille
Rent control in Berlin (Germany)
Milieuschutz-Gebiete, what is it?The term could be translated as “protected area” or “zone or protection”, or Berlin Rent control. In essence, Milieuschutz-Gebiete are areas of Berlin where rents are protected (by the...
Michael J.
Is cash really king? taxes, expenses...
I really like the idea of paying all cash to get a better discount for properties but the main thing I am concerned about is are there any negative effects like more taxes when you sell the home? Or if you pay cash fo...
Bienes Raices
Question about providing lawncare (liability)
If I hire someone to do the lawncare for the tenants, what do they need to have? A corp. and liability insurance? Or do they need worker's comp too? I think Florida doesn't require WC if the business has three employe...
Account Closed
FHA approval question?
so there might be an obvious question for some of you to answer or maybe not. I don't know that's why I'm asking here at BP, because you guys always help :)
So I'm currently researching FHA loans and the guid...
Christi Pierre
General Virtual wholesale Questions
Hi,I have a few questions as someone who has been learning about the wholesale process for a while now.1. Since I am doing it virtually how do I go on about the title company process and is it vital, I've heard some b...