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For those landlords who take security deposits in City of Chicago, is a separate business bank account sufficient for the security deposit or do I still need to set up the special landlord account that requires all W-...
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Hi All- I have a question on Loan Assumptions for a commercial loan. I have a $2.45 million loan at 3% interest only. It was for 5 years with 3 years remaining. We are thinking about selling our building after 10 year...
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Is it a common practice for banks or lenders requiring customers who take out mortgages to open checking accounts at their bank?
There is a bank that I heard about that requires their customers to open checking accou...
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Hi there,
Looking for a co-owner/investor/live-in property manager - I’m looking at buying an SFR in Asheville, NC, to use as a homestay (one permanent resident will live in the property, and one or two rooms will ...
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Hasn't happened to me yet (thank God) but got me to thinking - what can you do to avoid this? I'm assuming it's impossible to avoid & just the cost of doing business? Just chalk up to experience & move on?
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Hello BP Community! I am in need of some advice/knowledge on Capital Gains Taxes pertaining to my personal situation.
My wife and I currently live in CA and are planning to sell our primary residence in the next mon...
Hi, I am a real estate agent in California. I have been in the biz for 4-5 years. I have questions about contracts.
The new standard residential purchase agreement/assignment agreements are tricky. The "Assignment of...
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I am trying to rehab a unit after we finally got a tough tenant out. It is in rough shape, but it is hard to get someone inside the next 6 months to do the rehab with a permit. I'm looking into doing a smaller version...
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I am house hacking (renting a room) in my house. How do I check credit references as I am just an investor not property management company. thank u all.
I currently have a rental for college kids and am looking to expand to more/multi tenant. I am interested in the hard money loan idea. Easy money to get started, don't need to deal with a big bank etc. What are the b...