Good morning BP members,So I am really trying to nail all the details about how seller financing works.What I am still fuzzy about is:1. Does the seller work with a third-party mortgage loan company to establish the l...
So I have a tenant that is very sensitive to mold and she is moving out of my rental. I went there and sniffed around the area and smelled nothing. Whether it be physical or psychological, no matter, she was clearly...
Hi Everyone,I've just passed NY State license exam and looking to start working as a real estate agent. Need to find a broker so I can apply for a license and work thereafter with that broker.Originally, I got the lic...
Hey all! I'm in the finishing staging of getting my first rental property ready to list. Trying to get it listed Thursday.Do any of you have a lease in mind that you found to be particularly useful? I'm really interes...
Purchased a $535k duplex at 7.125% & have the opportunity to refinance to $548k at 5.75%. Payment is $450 cheaper ($4400 PITI v $3990 PITI).
This is a house hack where the tenant is paying $2100 in Y1 with rent s...
Do you all have your A/C units looked at/worked on in the spring for preventative maintenance? Didn't know if it would make sense to have them all looked at to hopefully cut down on calls through out the summer.
T...
Hey Everyone,
I'm new to BP and real estate. I'm interested in starting out with wholesale deals in my area (Bloomington, IL). I want to know if I should get my broker license before getting my first deal??? And if a...
I have a partner and we are looking at purchasing our first rental jointly. If the property is in one person's name, how would you split the write-off deduction benefit?
I was contemplating taking a few classes in architecture or general contracting. Would this be a nice mix of skills or completely unnecessary in terms of being an awesome RE Investors? (Which is my end goal.)
Hello!
Looking for advice on possibly creating an LLC.
I'm closing on my first duplex in about 15 days. I partnered with a family member for this. I'll be owner occupying and managing the property, and the family m...