A recent thread pointed out the need for an Operating Agreement which led to maintenance rquirements of an LLC.

Not only do members need to have an Operating Agreement but the corporation needs to be maintained.

Min...

This is my first time dealing with a short sale in which the owner on title is deceased.  The owner's son is considered the executor of the estate, according to the bank, but there is no legal trust set up.  We're clo...

Hey everyone. First post asking for advice. =) Purchased a duplex for 90K on a land contract in August. About to close on it Friday the 26th and buy out the sellers mortgage with my own. His mortgage was 140, so I wil...

So I'm currently in the process of purchasing my first deal! A fourplex here in San Antonio for $108K (Owner wants of the rental game). My intentions are to perform the Brrr strategy so I will also be borrowing an add...

How many investors out there have let fear of losing money, stop them from taking a gamble on a property? Was it justified or did you end up regretting not making an offer?

We will be renting our 1st SFR in central Texas. I am a little anxious as in where we could find/consult on a lease agreement. I've downloaded the application off BP and plan on using it, but not real sure where to s...

Hi there, I have never owned my own home before, but my income is 6 figures, my credit is great and my DTI is below 5%. My issue is that I live in SoCal and I do not wish to Invest here since property values are alrea...

I have been looking for an STR property and may have found one at a distance. The property is located in a mid-size city with several attractions nearby.
I understand that management fees can vary by location, but th...

What's up BP community.  I just bought a property that literally 2 days after we closed on it the tenants informed us that the city had cited the owner for lead based paint, and that it had to be remediated.  The owne...

Good morning Bigger Pockets!

My family and I are moving to GA in January (I’m active duty USAF) and we are looking for a home. I stumbled across a property listed FSBO on a well-known military "yard sale" type site...