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Hello BP newbie loooking for advice on the best way to acquire my first rental property from a relative. i was thinking about doing a quit deed claim. I am looking for the easiest fastest way without having to deal wi...
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I am buying a few apartments and I have closing tomorrow. Because many tenants don't have a lease, we requested certified estoppel letters. In the contract it is stated that "Seller is to provide the buyers with Estop...
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Hi everyone,
I am looking to purchase a piece of property in Philadelphia using a conventional mortgage in my name and later transfer it to a newly formed LLC. A previous post from 2008 states banks won't let you do ...
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Hi, All!
I just closed on my HELOC and am in the process of setting up an LLC so that I can start purchasing small multi-family properties (Duplex, triplex, etc.) I am looking for advice on how to use my LLC with the...
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Hi Biggerpockets community,My brother came across a great lead on a house and I wanted to get some opinions on it. The house is a really nice house and a great deal. The property needs a little work, but after a $10-1...
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Im in talks with a seller to buy an off market property in NE Ohio with my goal being to rehab and flip. He is currently on a land contract in which he owes about 20k on, and he is asking 55k for the property. I am st...
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I'm new to this rental property business and not sure what is "normal" with regards to the fees a property management company charges the property owner. I've been using a property management company for the past year...
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We were in the bidding phase of buying a NPN in Charlotte, North Carolina, when we discovered that Lost Note Affidavits (LNA's) only work for the entity that last had possession of the note. The right to enforce the p...
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I live in Dallas, Texas and recently just moved out of my apartment. The property had several changes in property management. I used to live in a one bed room apartment with $750 security deposit then transfer to a 2 ...
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Hi, We bought two investment properties in one a planned neighborhood (main HOA), but under two different sub-HOAs. One in 2019 & another in 2020. It has been a great area with good tenants. And we suddenly receiv...