Good afternoon! Looking for advice on a tenant who I sent an eviction notice 60days ago and today I was told he was not moving. He states he spoke to a lawyer and they told him he did not have to evict since the notic...
I’m currently in the process of buying a duplex in Hubert, North Carolina. I’ll be living in one half and renting out the other. I called USAA thinking I’d get a good deal but turns out I’ll be paying around 2500/year...
Hello,Curious for BP's advice on my situation here...I live in WA and have a condo in CT that's worth about $125,000. There's $32,000 left on that mortgage and I want to put the equity there to better use. I am exitin...
I recently posted that some lending and sales schemes were predatory.
First, predatory practices does not have a legal definition, generally you will find examples of strategies or activities that are deemed ...
I just left my closing and now I own an occupied three unit apartment building. The building is in good repair. I have only met one of the tenants. I plan on self managing. What are some of the most important first st...
If you own your properties within a LLC is it prudent to also have umbrella insurance for each individual property? I've found obtaining umbrella insurance as a business (LLC) to be cumbersome and was wondering if...
Hello fellow BP community,I recently came across an opportunity to potentially partner with a foreign investor to purchase rental properties in the US. As I started doing more research on business entities and lending...
Hi, I'm relatively new to BP and have searched around the forums for an answer to this, but couldn't find a definitive response. My partner and I have been buying rental properties in Albuquerque for several years. T...
I'm wondering if anyone can recommend at good CPA in the Philadelphia or Delaware County area? Also I never actually worked with a CPA so are there any specific questions that I should ask to make sure they are a good...
I am buying my second investment property. It's an old school building that's been converted to a 14 unit apartment building. The property has a positive cash flow. But, the previous owner was seriously under-insured ...