Jason NA
Corporate setup for Rehab Flips and Income properties
Introduction and background on questions:
Currently we are a 2 man operation that is a 50/50 partnership. We will not have any additional partners in the future and we are not interested in selling part ownership of...
Jon W.
Detroit Land Bank Authority
Hello BP,Has anyone rehabbed a Detroit property under the supervision of the Detroit Land Bank Authority. I am considering a property but do not know about all of the hoops that you need to jump through in order to k...
Christopher Triolo
Advice requested on what to do with troublesome property (all numbers included)
Hello All, I had posted this a while ago, but now I wanted to put all of the numbers out there and see if I could generate any creative solutions to my real estate problem. I'm not trying to sell the property on this ...
Bryan Hancock
What Is The Most Valuable Lesson You Have Learned In RE Investing?
I think that everyone can benefit from the collective wisdom of the board. What is the biggest lesson you have learned so far in your investing career? Your answer can cite a specific incident or general philosophy ...
Lloyd Segal
Economic Update (August 17-21, 2020)
Economic Update
(Monday, August 17, 2020)
The pandemic has reinforced and exacerbated many of the inequities in our soci...
Bill Gulley
LLC Minutes & Maintenance Issues
A recent thread pointed out the need for an Operating Agreement which led to maintenance rquirements of an LLC.
Not only do members need to have an Operating Agreement but the corporation needs to be maintained.
Min...
Nat C.
Paying seller over 2-3 years (so he won't lose his food stamps)
Firstly, I'm not asking for legal advice, so any replies don't need a disclaimer :)A seller I'm buying a house from is concerned about becoming ineligible for food stamps and Medicaid when I buy the second property on...
Andrew Lekowski
6 Tips to Newbie Landlords in Coronavirus America
This is not a guide to how to prevent an eviction in coronavirus America. It is our story regarding a close call with some bad tenants. Our FIRST tenants actually. And here it goes!
This article outlines the experie...
Luke Carl
Inherited tenant problems
Tenant was extremely unhappy last month, which was my fIrst month as owner, when I imformed then that their lease says there rent is $570 as opposed to the $520 they’ve been paying for 8 years. I called today (The 4th...
Peatrie Clemons
My landlord violated the entry clause in my lease
I live in an apartment complex that I have had a few issues with. The one in-particular that I am requesting compensation from is when they trespassed in my apartment. I specifically asked that I be notified prior to ...