Ron Johnson
Process of removing a tenant
Hello all,I am in the process of purchasing a property in Philadelphia that is tenant occupied.Does anyone know the process of eviction once I close on the property? Any insight would be appreciated.
Patti Connolly
Looking for a Letter Template on proper AC installation
Not all of our properties have central AC and most tenants will be starting to put out their window AC units in a few weeks when things heat up here in Pennsylvania. Once about 10 years ago our tenant did not instal...
Justin McKinnie
Mixed use development proforma
Hello BP community, Does anyone have a proforma document they don’t mind sharing? Or any good resources to locate one? I’m currently working on my first deal and just trying to gather the proper resources to ensure su...
Paul Paquin
Should I buy this commercial real estate property?
Should I buy a commercial property in New Windsor NY? Here are the details: -3 tenants, of which 2 of the tenants occupy multiple offices. The kitchen remodeling store occupies units 101 and 102. Hair salon occupies...
David M.
Best Tax Strategy for $100k bonus from sale of business
A friend of mine works for a small laundry mat chain that is for sale. His boss agreed to a 20% bonus upon sale because he is an essential employee and is responsible for the growth and success of the business over ...
Dax Smith
First attempt at JV flip need feedback
High-ROI Investment Opportunity: 1360 Meadowood Dr, Hixson, TN
1. Introduction
Title: Investment Opportunity: 1360 Meadowood Dr, Hixson, TN - High ROI Potential!
Description:
Hello Everyone,
My name is [Your Name...
Chris Wunder
Starting from Scratch. Need Help
I have recently formed my LLC through ZenBusiness and will be transferring the deed from myself to the LLC (still personally guaranteeing the note, and there is no due on sale clause). I have opened a bank account, w...
George Cen
Have applicants/renters run their own credit reports?
Hey, I'd like to get both landlords' and renters' thoughts on this. During the application process, I believe it is beneficial for both the landlord and the renter to have the renter be the one that runs his/her own r...
Carlson Driver
What sort of insurance do we need?
We currently have 3 doors. These are currently covered as part of an umbrella insurance for personal coverage.However, we are moving these doors to different LLCs for better legal protection. So it would be1. A condo ...
Lee Stephens
Legal Questions on FHA Loans
Hi BP,
I'm an investor from Chicago looking to potentially purchase my first property using an FHA loan. If I went this route I would rent out all of the units from day one (i understand that this is only permitted a...