Griffin Goudreau
How long do I have to own a property before I can conduct a 1031
Hi BP,I purchased an occupied rental property in November 2020. I have a significant amount of equity in this deal and would like to exchange the rental for another rental property in a different city. I have read onl...
Jin Zhang
How to conduct background check on mid term Airbnb guests and who pays for it
Hi everyone, I just started doing MTR on Airbnb. I have written in my rules about background check and sign a lease. I have a few groups approached and all confirmed understanding the rule. I ask them not to book sinc...
Gurjeet Brar
LLC in every state i buy???
Hello EveryoneMy CPA who does NoT specialize in RE just told me i have to open LLC in every state i buy a property if i want to put the property under my LLC?? Not sure if it is true. any comments??
Robert Carter
Do you have to be a licensed Broker to manage own property in NC
I am in NC and been facing a delima and conflicting information. Me and my wife have several investment properties in our personal names. "I" myself am incorporated in NC as an LLC properies management. My wife is not...
Robert Mendenhall
Walkthrough contingency with active tenants.
Hey BP,Im starting to put out offers looking for my first owner occupied duplex! I feel most of them are already occupied and Im not able to get in without being under contract. So we put in a walkthrough contingency ...
Account Closed
Getting an LLC for Wholesaling
So I have heard that it's much safer to have an LLC before you conduct any kind of business. I plan on getting LLC'ed before I conduct my first wholesale deal. That being said, Have you guys gotten your LLC' in the st...
Ashli Evans
Still responsible for HOME INSPECTION after retracted offer ?
Good evening all !
My agent is telling me that I'm still responsible for a home inspection after I retracted my offer on a home. I was going to be using a va loan & the contract was ratified two days ago. I hav...
Chris Getz
New Investor Financing
I've been thinking about ways to come up with funding to get started, and while I can provide the needed down payment for a multi-family that I'm looking at, I was curious as to some other "solutions" that might be av...
Anat Levi
The period between purchase agreement to closing date
I agreed to purchase a condo in Toronto. My lawyer received the November status certificate, went over it and confirm everything is ok. My closing date was March 1, three months after the agreement. Between Dec to Ma...
Ed McIver
Title producer and mobile notary
My friend has been working in real estate for 20 years. But always as an employee conducting settlements. Recently she has lost her job and has fallen on difficult times. Now she conduct settlements for a few attorney...