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Hi All! Happy New Year -We just discovered a property we purchased last spring (2022) had a tax lien on it that had been sold in late 2021. Notices had been going to the seller. The lien was put into foreclosure about...
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Timeline of events2-3 weeks ago: inspection was completed. No issues with A/C unit given in inspection reportDay before close: Buyer did a walk through and notified me that the A/C was not blowing cold. I called an A/...
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Hey Guys. I am about to turn my primary residence into a rental and I am trying to decide the best way to ensure HVAC maintenance given that doing it myself will not be an option. I think getting a maintenance plan wo...
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Hello Everyone!I am currently planning on purchasing a piece of land and building a spec house on it to sell. I have already vetted the land with the city to make sure it was possible. I was originally going to manage...
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Elon Musk has just announced a new roof that went on sale today. Tesla's new Solar Roof will be available for US delivery in late 2017, and best of all it comes with an Infinity Warranty!As a homeowner, I want one of...
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Hello Everyone,I've been listening to BP for a year now and finally ready to house-hack! I'm wondering if I should create an LLC for my first duplex in Massachusetts? The purchase makes sense now because of my fiance'...
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Greetings all,Just wanted to introduce myself. Been a podcast listener for a long time. This is my first purchase. Although I intend to build my portfolio generally in the Delaware, Ohio and Columbus Ohio areas, my fi...
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Good Morning BP Community, I hope everyone is doing well!
I just came across a FSBO manufactured home on Zillow that was built in 1998 and is listed for $65k. I have been perusing through previous threads that briefl...
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Anyone have any experience with transferring a Flagstar Bank mortgage into an LLC? I've had people tell me not to worry about it and to just do it, and I've had other people say the bank will call the loan due. My law...
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Hi everyone,
I'm a soon-to-be first time homeowner once my father gives me a house he owns via a quitclaim deed. I am just wondering if there are any legal/financial (as far as taxes go) implications in answering "...