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I will be closing on a 6-unit apartment building at the end of the week and I found myself scrambling to put together a list of things to do post-closing. Please chime in with any suggestions or comments!
So ...
Only just joined and have a burning question (more to follow I'm sure) - So I went for loan on a property which I have under contract (my first) & I found out that this bank I'm applying to is the original loaner ...
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I understand what seller financing is, but how do you set it up? Is there way to have a 3rd party keep up with the loan amorization? I'm worried about future disagreements that could arise if it is just the seller &am...
Hello BP,
I have 2 questions regarding tenant payments.
1. One of our tenants moved out on Oct 31st at 5pm. Tenant pays all utilities so we requested them to transfer to our name starting Nov 1st (since they were at...
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I friend of mine told me that if someone hacks my business bank account and transfers the money out of it, the bank will not cover the losses. I just checked Chase Bank's online service agreement and the language for...
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Hi all!
I’m trying to get my first wholesaling deal in Atlanta. I’ve purchased my list from ListSource and I want to use YellowLetters.com for my direct mail marketing campaign. However before I can do that, I have t...
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Hello BP, So Last week I posted about a potential Investment Property. Well Good News is that I am under contract and loan is in process for my first buy and hold property!!! I will need to do a little bit of rehab, b...
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Hi, I have a wholesale deal closing in NY and I live in NJ. I created a NY LLC for my wholesale deals, but want to get the money back to an LLC that I have in NJ. Should I take the funds/profits from the wholesale...
Hello, First time for this situation and I need your advice on what options I have...Details:
Tenant payed the security deposit ($1,200) via Cozy and everything went thru money showed up at my bank account. Once dep...
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I am about to move out of my Condo and will be renting it.
Should i form an LLC or some other sort of bussiness?
Why should I?
How do I?
Thank you!