I bought a duplex. The frame of the back door where the deadbolt goes in is torn to hell from what looks like a break-in. The actual hole where the deadbolt fits in is damaged. The door still locks with the deadbol...

The pros and cons of running a real estate business through an LLC and using LLCs to hold properties have been discussed at length on BP. My question is about what LLC users do to avoid some of the headaches of using ...

Hello everyone!I am a licensed Realtor here in Richmond, VA and have been trying to understand the ART of wholesaling.  I do have a question regarding the price I (the wholesaler) negotiate with the seller.  What is t...

I am planning to use private money (close friends and family) to help fund the rehab portion and some of the purchase of a BRRRR. To transfer funds, is it as easy as signing an agreement with them, then they wire fund...

Hi guys,I am buying a turn key property and title company asking me if I want to purchase a owner title insurance.
I do understand what owner title insurance protecting you from, but isn't it a title's company job t...

I have been doing research to set up a corporation. I think that an S-Corporation would be the best setup, but I see that no more than 25 percent of the gross corporate income may by derived from passive income. I als...

What should I be concerned about legally if I inherit tenants that are not legal citizens?

I'm currently trying to verify the tenants citizenship status with the current owner, but in the meantime I'm trying to figur...

I am looking at buying a property all cash so I can close the deal quickly over someone else.  How long would I have to wait to get my cash back out so I can use for another property.  Are there multiple routes?  I do...

This list could probably be fifty bullet points long and still not enough, but here are some tips, honest mistakes and things I wish someone had told me, or they told me and I didn't hear what they were saying. These ...

Of the thousands of foreclosures happening every year in every county, what percentage of them is the defendant not properly served? Will that cloud the title after the foreclosure sale? Can the previous owner still c...