Charles Robinson
Probate and Pre-Foreclosure Deal?
I have a pre-probate and pre-foreclosure deal on the table that goes like this and I need help getting my arms around the acquisition using seller financing. I have kept the math easy: $125K ARV; $25K repairs to get...
Albert Pena
Vouchers and govt assistance
Im a realtor and I like the idea of focusing on vouchers and govt assistance clients. (As long as they have high credit). The programs pay brokers more than a regular rental and there’s a huge market for it bc many re...
Lucas Miles
Minnesota Lease "Authorized Manager of Premises" List LLC?
Hello BP, looking for some guidance specifically to Minnesota landlord/tenant statutes. I have formed an LLC to be used as my property management company to manage the rentals I (well a different LLC that I control) o...
Chance Cooper
Neighbors Kid Shot my rental window out!
SO I received a call tonight from my tenants and they said that their kids were playing in their room and all of sudden the window gets shot by a bb gun. When the tenants confronted the neighbor about it he denied it ...
Nathan Grove
BOD contractor 'pay to play'
Can a HOA Board member who is a contractor use his position to force owners to use his company for property improvements? He is also the head of the Architectural Review Committee. We submitted an application to build...
Ray Thietten
IRA Checkbook Control Bank Account
I have been using a checkbook control IRA LLC that is tied to my Self Directed IRA account with my Custodian. Currently my name is the only name on the account. I would like to have another person on the account i...
Brick Biermann
Rent Increases for existing tenants
I have a 4 unit property located in Jersey City Heights, NJ with all units currently occupied and 3 of them renting under market rate. All 3 units have their lease expiring later this year.
As I understand it, Jerse...
Linda Weygant
Bizarre Issue in Wholesale/Subject To Deal - What do you think?
So the weirdest thing has happened and would love some insight from those of you who work the foreclosure process.I bought a condo that was going into foreclosure. I got a cashier's check for the wholesaler to take t...
David J.
well here is one for the books. Bay area is not easy!
Not great but here it goes! For a bit there I was able to make Bay Area work, I could find houses cheap enough that they would cash flow decently. I guess it's not possible anymore. Or at least, it's getting really di...
Amy A.
Rejected for Tweeting?
I have a great tenant who wanted her brother to move in with her. He just graduated from high school. So, I googled him and found his twitter account. He talked about being drunk and high and used really vulgar and...