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I was wondering if anyone has a good letter that introduces a new Property Manager while removing the previous one. I recently had to remove my PM from some of my properties and I am taking over the PM responsibiliti...
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Is buying property from your management company considered a non arm's length transaction?i'm in the process of doing a delayed financing exception and the lender is requesting that the purchase should have been a arm...
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Hi BP!Looking at a SFH 4/2.5. Looking to offer max 325k. I believe this house can probably sell for 400k. I see other houses with similar SFH but 4/3 that sold for significantly more (100k+). Wanted to get opinion...
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I’m in the process of possibly purchasing my brothers duplex. The goal is to apply for a mortgage at the same bank he applied for his mortgage and take over his mortgage. First, I don’t even know if that’s possible.Al...
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I've never really entertained the idea of flipping before but after joining biggerpockets I've come to imagine all kinds of ideas I'd never have thought about. So thanks BP!
Now on to my idea...
There i...
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Fellow Investors,My wife and I are trying to pick up our investing this year and we have decided to house hack if we can find a good deal in our area. We'd like to house hack for a couple of years then repeat. The fol...
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I am purchasing a house that was built in the early 1900's as a SFH. It has one boiler and radiators throughout. I want to meter the electricity separately, and, of course, the heat.I had thought of shutting off the...
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I am starting a new project of a multifamily building. New ground up construction. Im still in the development phase, but I am curious about how crowd funding works. I have a few questions and Im hoping the BP communi...
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I have a existing tenant who wants to add a roommate. How do I go about. I assume I will have to qualify the roommate on the same terms as the tenant. Should the roommate also qualify individually for the 3+ income re...
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I need an answer from a true wholesaler/investor. Do I need a C.O to assign/double close a property in as/is condition? I've never heard of wholesalers having to have one but my attorney said, that in SOME municipalit...