Christopher Hall
17 unit property in south Georgia
I've been looking at multifamily properties in GA, and this is the first one I've seen with a bit of promise.2% rule - asking $390,000; gross income $5,600/month for 1.44%; he dropped the price to $345,000 just by tal...
Duke Choi
LLC (Single Member) - Set Up in California
I am new to the forum and I am glad that I found this. I actually have two properties (still paying mortgages) in CA and I am planning to turn one of them into a rental property. I've researched, watched and read many...
Ben G.
IRS Federal Tax Lien on Home Under Contract
We have a property under contract and our title company found a IRS Tax Lien attached to the property.Ron Legrand says if a property has a tax lien attached to it, that if title transfers we can request a lien release...
Max Lichtenstein
Underwriting a Multifamily
Hi BP community,I am looking to purchase a multifamily two unit apartment by next summer. I have contacted a couple agents in the location and explained my story/ where I am at. Do they underwrite a property for you?U...
Elsa M.
Being a newbie landlord
Hi everyone, I'm from Illinois and will be purchasing my first rental property very soon. Where do you guys recommend finding tenants? And what paperwork do I need, as far as lease agreements, applications etc.. And w...
David Weintraub
Title Issues / Deed - Different States
Pennsylvania has proven to be a difficult place for HML to do business with new clients, specifically Philadelphia and some surrounds counties.
Deeds are not registered in some cases up to 90 days making title insura...
Account Closed
What can the financial statement tell you
As a CPA and an investor, I'm well aware that reviewing financial statements is important. I'm curious what many of you as investors look at when reviewing these statements.
Besides the fact that there may be issue...
Marilin Matos
Advice on Escrow Agreement for Garage
I made an offer on a house in January 2020 and we were about to close in March 2020 when the delays due to COVID-19 began. The seller was not able to provide the CO for the house. It used to be a single family home wi...
Atisha Fordyce
I'm the Victim of Real Estate Fraud in Philly
I was blind-sided with the news that my recently bought two-family home is legally a SINGLE FAMILY dwelling. I closed on the home in November of last year. It appraised for $300,000. I live in one unit and rent out th...
Eric Engelson
Seminars
Are Fortune Builders' 3 day workshops worth the $197.00 for the two of us?
My wife & I have renovated a number of houses but only as residents. After a few years we've sold them. I'm now interested in s...