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Hi all, I think I am in some serious trouble now and really need your guys' input!! About a year ago I got connected to a loan broker here in BP who was posting ads looking for private money to fund local flippers- so...
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There are a lot of discussions on the site about starting out, but I find that those discussions where people share the challenges they went through on difficult deals are the best to learn from.
So . . .
What Was Y...
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Hello BP,I bought my first rental property in early 2022, an out of state (KCMO) SFH. I bought from a turnkey company that is endorsed by BP. The home was not "turnkey" per say, but was sold by another investor throug...
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I own a rental property and the house has numerous mice. Professionals came out and said the house needs to be sealed for a total cost of $1,800. My wife went into the hospital and I cannot afford to spend $1,800. All...
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It's cliché, but true. A lot of millionaires are made during recessions.No matter what you invest in there are and will always be golden opportunities to take advantage of during every recession. For me, it's real e...
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Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...
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Are landlords obligated to contribute to the community surrounding their rentals? If so, do you think landlords in a well-to-do community have less community obligations than owners in low income neighborhoods?
I th...
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I had a property under contract and the closing documents were sent to the seller and she seems to be refusing to sign and return. She is ignoring phone calls and clearly avoiding me.I'm certain that she's changed her...
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I got an interesting question from a 25 Year Old the other day and I thought I would post the topic here to see what others thought of my advice and what I got right /wrong.My first thought after hearing the question ...
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Current situation, I rented a duplex out to a single mom with kids two months ago. She's on section 8. Section 8 pays 100% of the rent. I received a letter from section 8 saying that she got married so she'll need ...