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Hi all!I am new to this landlord thing. I am requesting the tenant to pay the first month rent, last month rent, and the security deposit. My question is do I request the tenant to pay the fees first before I send her...
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I setup a Wyoming Holding Company (LLC) that will manage my Virginia LLC. As I live out of state (Virginia) -- do I need to use a Wyoming bank for the holding company LLC, or can I use one local to me or national bank...
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I’m looking into listing a flip as FSBO with a flat rate MLS listing service in the Pittsburgh area. I will be offering a 2% buyers agent commission to be fair. Does anyone have any experience with this? Can you give ...
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Does anyone have experience with using a 1031 exchange to sell a property and then purchase a "like" property with the profit. Is an attorney required to facilitate this trans action?
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Wholesaling definition according to the Oxford dictionary:sell (goods) in large quantities at low prices to be retailed by others.Back in 2014 when I started down the path of real estate investing I was taught one thi...
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We bought a 3,000 SF lot w/ teardown home in April for $400k ($130/SF) We bought it with 25% down 2 year interest only loan through a local S&L we have a good relationship with.We bought the site because a new sta...
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Hi BP community,I have a confession... I am considering investing in a 'D" area! The other day I was helping someone from my church who's mission group purchased an 8 plex in a "D" area of the Chicago suburbs. They ar...
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Last year I purchased two fourplexes in a low income housing neighborhood in Ft Lauderdale. Three years prior to my purchase I lived no more than 3 blocks from the area I recently purchased in and while I was there I ...
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Hi All,I am new to real estate investing and am looking to start out by syncing up with a coupe of turn key operators. However, what I am struggling with right now is that I a not able to scope out a neighborhoods as ...
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I have an inherited tenant from a property I purchased from a tired landlord.The tenant is great: pays on time, takes care of his own maintenance, also agreed to pay higher rents to match market prices, etc. He's a sm...