Marcelino Latina
Costs of attorney for seller finance contracts
Hey BP community!
I have a property that I can obtain using seller financing.
- Is it necessary to use an attorney during the process? I do not mind paying for the costs of one if the community says and will prote...
Philip Bennett
Illegal immigrants as tenants
I have an applicant for a property in Anchorage, Alaska that is wanting to sign a lease for a family member that is an illegal immigrant. The individual wanting to sign the lease is unable to provide a completed appli...
Jim Sestito
Living in The Basement and Proud
OK BPersCurrent situation - Personally need a new place to live - Want to keep house hacking (own one 2-Fam which I currently house hack) - Not having great luck on the MF market in my neck of Massachusetts - Seeing ...
Charles Stalnaker
Circuit Court judge removes C&R including POA membership requirement
Five of 50 property owners recently sued the subdivision Developer and the POA. They asked to be removed from the Covenants and Restrictions (C&R). The C&Rs required POA membership. The circuit court judge in ...
Lance Cummins
How to structure a deal with a 10% partner?
Hi BP,I am looking at doing my first commercial deal and my brother-in-law wants in on the deal. The cash that he is bringing to the table will buy him 10% of the deal - my question is how should this partnership be s...
Linda Dobbs
Condo to Towhouse
I live in a townhouse association. There are 14 homes. We do not own the land we sit on so we are classified as a condominium. Because we don't own the land we sit on, we have to have one insurance policy that cove...
Mike Huang
City Cracking Down On Student Housing
Hi BP!I invest nearby a big university that has become a crucial part of the local city areas. However I got news that the city is looking to crack down on student housing, which is my target demographic for tenants, ...
Joe Smith
What are consequences of not paying HOA dues.
What are consequences of not paying HOA dues. We pay 900 per month HOA due in Dallas, texas, small house, and HOA does nothing at all. We know many neighbours who didn’t pay HOA dues for many months and nothing happen...
Kole Kingslien
My First Rental Property-Questions
Hello everyone,I just purchased my first rental, made it through the screening process, have a move in date set for a qualified tenant, and am wondering about what kind of documentation I should be preparing, and in w...
Kris Haskins
Rent control coming to Virginia
So I read last week the politicians in Richmond, VA voted down a bill to stabilize rent in the state. HOWEVER, don't get too happy yet. The Virginia Housing Committee did create panel to do a feasibility study on re...