Anthony Swain
Things I've learned as a house hacker so far...
Hey house hacking peeps, I wanted to share some of the biggest lessons I've learned so far with my wife and I's duplex house hack. 1) Finding the right property is VERY important for a house hack. In our situation, th...
Timothy W.
Oh Tim, you don't need to carry a gun....
http://archives.chicagotribune.com/2009/jul/06/local/chi-landlord-dead-6jul06
Ray Jhala
Vacant Property without HVAC - How to keep pipes from freezing
Hey BP!
I've got a property that I am rehabbing and our timeline unfortunately got pushed back into the upcoming winter months. The property is currently vacant and does not have an HVAC system installed. We have a ...
Alexander V.
CDC Eviction Moratorium - Some Comments and Suggestions
As many of you know, President Trump signed an executive order in August that, in addition to other tasks, required that"The Secretary of Health and Human Services and the Director of CDC shall consider whether any me...
Gargi D.
Advice on paragraph of the FHA Financing Addendum I
I was to purchase a condo in Washington DC this month. I had a pre-occupancy contract which expired the day before the FHA certification and financing. The contract ended as it was to be the settlement. The sett...
Jane S.
How to prevent angry tenants destroying my property
When I decide not to renew an expiring lease, I have to give the tenants 91 days notice? Thats plenty of time for them to wreck my property causing me a huge loss and heart attack. It’s a 12-month lease. They have man...
Russ Sandifer
IRA LLC as owner in MMLLC | % Ownership | Taxes | IRS Rules
I have a duplex rental under contract. I plan to close in two weeks. I am set to purchase the duplex outright with my SDIRA. My current custodian is prepared to wire the funds. If time allows, I'd like to create a Che...
Solomon Oh
Notice of Sale (Auction) vs Notice of Sale (Lis Pendens)
HI BP Land-I am trying to bring in consistent cashflow from wholesale deals and am starting to really focus on the distressed properties. I've come across two types of properties one being an auction -Notice of Sale &...
Luke H.
WWYD - Late payments after 5 years of on time payments
Tenants have been in property for 5 years. Have always paid on time, no issues, always willing to help with maintenance of property.This month, the rent late day passed, I called and tenant said they ran into some iss...
Jeremy I.
How do you fire a contractor and avoid a lien?
BP,
I'm working my first flip and it's been an adventure! I've learned a lot and now I need to consider firing my contractor. What documentation do I need to fire my contractor? How do I prevent him or subcontractors...