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The bank placed a clause in the warranty deed that restricts the resale of the home we purchased for 90 days above a certain amount. Anyone know why they would do this? This was a short sale.
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I'm a newbie investor. I started out by first buying my own home. It is a 2 story Chicago brick Georgian. I house hacked and was able to use other people's money for my down payment. I went through the typical proc...
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This article was featured yesterday in the Wall Street Journal. Apparently, a new state law will target Airbnb advertisers with fines of up to $7,500 if they violate a 2010 law that bars rentals under 30 days in mu...
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Hi everyone, Fist and fore most, i am very grateful to be given this second chance, so i guess the best place to start is to just give you a brief introduction on myself. I came to LA in the 90's and i began my Path i...
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you always hear:"don't start without a plan""make sure you have everything in writing""don't get involved in business with family/friends"yea yea.. i'm in a situation. It won't happen again, but in the mean time, i wo...
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Hoping someone has had some experience with this...I just bought a house that I am going to flip. Property is in fairly good shape and only needs cosmetic upgrades on the inside. Thing is, county records show it havin...
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So I am planning to begin wholesaling in Arizona and want to get my LLC registered ASAP.After quick research it said file in state if you are going to have a store front (which I will not) or would be doing must of yo...
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Hey BP members,
I have been researching on how to structure the start of my rental empire. I hear a lot of everything...one LLC for each property...one LLC for all my properties...different tax strategies...
My quest...
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Hey BP!I’m just starting out and really just asking lots of questions. Today I wanna ask about entities. From my understanding, LLCs tend to be the favorite. Can you receive any income at all from an LLC? I’ve heard l...
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Good morning my BP family!!I will be closing on my first property which is one side of duplex (YAY!!). My question is in regards to the landlord insurance policy I need to get. Does anyone have any recommendations a...