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I can't wait for this wave of political back and forth to be over. It is exhausting reading through all the posts and threads and status updates etc...On another note what is everyone's thoughts on interest rates in t...
I recently found a property that was a great deal but I am not sure how to proceed. I was contacted by a wholesaler who was helping out a family friend to sale there home. He was out of state and I'm not sure how accu...
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Good Day Everyone, I own a 4 family property in Plymouth, MA. I have three (2) bedroom apartments and 1 Commercial "store front" unit. I have filed with the Zoning Board in Plymouth to change the use of the unit fro...
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So, If I purchase a single family house (that I really like) and I rent it out for a few months (or years) then I move into it. How is that treated tax wise (IRS) and investment wise (I may put in an LLC). I obviously...
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What is the best way to add someone to a current lease? Hand write their name under the current tenant and have them sign the original lease or just do an addendum and have them sign that or should I do both?Thanks
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The lease is drawn up. My attorney is just waiting on my rules that I want to add to it. Looking for help and suggestions on things that you have found beneficial to add to the normal lease. More specifically, rules t...
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I have a general lease question regarding the enforceability of a clause. Let me condense this as much as I can... I'm happy to elaborate if needed...Scenario:Two partner, member managed LLC... Partner 1 signed origin...
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I just bought my first property and will be closing next week. I currently have an LLC here in IL that I gave a vague name to and planned on using it to make consulting money. Now, I don't do any consulting any more a...
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Hi All,I'm a newbie in North Carolina. My husband inherited an older home built in 1920's. We plan to start flipping with this as our first project. We will strip it down to the studs to update the electrical and p...
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Hello all. My name is Stephen Mills, I'm in Redlands California. I have a property with two houses, live in one, rent the other. I can't recall how I came across BP. Glad I did however. I've been lurking a while and l...