Mike Hoover
Entity structure for multiple properties
Hey BP,Currently a partner 50/50 and I have a dozen properties under one LLC. Buying another 30+ units (7 seperate properties all in PA) and I’m going to split them up into 3 additional LLCs but wanted to add an addi...
Paul D'Angelo
Paul - Investor from New York
Hello all, I am Paul from Queens and Long Island. I am new to real estate investing and have been reading and learning as much as I can from others to be ready to confidentially jump in immediately. I would like very ...
Devin Beverage
Buying Subject to Municipal (CV) Liens and Negotiating Them Down
Boy, has it been a while since I've posted on BP! I'm still here in the Tampa - St. pete market, constantly on the hunt for good deals.... :-) I'm looking for feedback regarding buying property with Code Violation lie...
Mike Jones
I smell a deal, but... (probate question)
ARV = $110,000 * 70% = $77,000- Repair Est: $30,000 = $47,000- Wholesale Fee: $12,000 = $35,000 -------Mortgage: $21,000+ Back taxes: $7,500 = $28,500+ Cash to seller: $4,000 = $32,500------Problem: the house hasn't b...
Tereza Dyerova
Property Management - How do they protect my personal information
Hello Guys,I recently bought my first property in Chicago and right now I am dealing with a Property management company (I am based in California). We are working on the Change of management paperwork. They require my...
Jamie Gaymon
Short Sale Already Negotiated By Realtor
Hi All!
I have a friend in Las Vegas who is currently approved for a short sale that was negotiated by his realtor(end of July). Not surprisingly, the negotiated price was only 10K under the original overvalued price...
Alex Garfio
Owners personal info given to Tenants
Hello,Does anyone know if it is legal for a property management company to provide the tenants with the home owner's personal contact info (cell phone and email) without the home owner's consent? My contact info was i...
Robert Burns
Using TV Ads for Motivated Seller Leads
I'm considering using TV ads in my local market for motivated seller leads. I've read various articles with pro and con positions. As always, I truly appreciate the wealth of knowledge and unbiased feedback I get fr...
Chris Wood
Do I sell it or rent
Sometime last year I bought my first major project. I am finishing the details but should be done by the end of this month or next depending how things pan out. My question is, normally I am a buy and hold guy, howeve...
Chad C.
Reo taking bids, How to navigate?
Great deal on home for 20k but it may be a way for the bank to drum up interest. The agent said there have been 15 offers, and said there is a 10 day offer period, then the bank takes the higher bidders, and ask them ...