Hung Le
New Member in MN
Hello,First post as a newbie here. I’m an investor in MN who had some experiences (both good and bad) in real estate. I’ve been involved with several strategies (fix and Flips, Gap Funding, Rentals…). Currently, mo...
Alexander V.
Florida Law: non-specific advanced notice of entering
I just had an interesting exchange...
I'm both a landlord and a tenant in Florida. While I always give specific advanced notice of entering to my tenants (e.g. I tell them exactly what day and time I will be there), ...
John Coulter
Does and HOA have to disclosure prior to trustee sale?
Hi, new to BP and love what I'm seeing so far! I'm an AZ-licensed RE agent and have a question that nobody seems to have an answer for (except possibly an attorney).Situation: Auction.com is having an upcoming forecl...
JW Franz
Should I become the bank?
I am based in Tampa and own a portfolio of 46 SFH Rentals, all are rehabbed and rented. Most have ARV of $150K. With the prices moving higher I am considering sale of all or part, in the coming year. I am 52 an would ...
Pandu Chimata
Capital gains by selling an investment property
I am working with few owners who have owned their multi-units for the last 30 years. They want to retire now by disposing off their properties. One of their concern is capital gain tax that they incur due to the sale....
Uwe K.
"Evictions ok" type ads?
This occupied my mind all day yesterday:
Probably every major city has some kind of free weekly magazines, full of ads, masked as a TV program, and targeted at the African American community, often lower income range....
Account Closed
Trustee Sale Insanity
Recently, I held a $35k 2nd against a house in East Palo Alto CA that had a $230k (+ over $20k arrears) 1st. I estimated the house to be worth somewhere in the low $300k's, Zillow has it today at $373k, eappraisal...
Bob Jones
Need help figuring out how my business partner will be taxed.
Hi,I have a business partner who has provided money to my LLC, which I will use to invest in real estate. The agreement is that I will do the work and give them a percentage of the profits. I'm trying to figure out ho...
Keong Kam
CA Resident owning OOS income properties-How to structure entity?
Hello! A question for fellow BP investors!I am a CA resident and trying to create an LLC to protect my assets in Missouri. My CPA says I need to create a CA LLC and then register in MO, then transfer MO properties int...
Ryan H.
Property Management Agreement
Hello, I'm reviewing a property management agreement (I would be the landlord) with the following terms:- Management fee is 10% of rent- Charge of 15% of rent with each new tenancy.- Landlord to pay property managemen...