Ben Traxel
Property Management Fees
In the process of buying a 12 unit apartment building and will be my first time hiring a property manager. They say their standard rates are 10% of income, 1/2 of first month’s rent for all new tenants, and they charg...
Clint McGraw
Conventional Mortgage With LLC????
We started our LLC partnership back in 2-20 and have had trouble obtaining a conventional loan for our flips with an LLC. Have any investors here ever obtained a conventional with an LLC. Guidance and suggestions will...
Katie Accashian
Self-Directed IRA - who to trust?
I am looking to take money from my retirement that I accumulated from my previous employer and move it into a self directed IRA to buy a real estate investment. This seems like a great fit for me other than the fact I...
Nazar Trilisky
Preventing Deed Fraud: Twice-Sold Property
How can a buyer protect themselves from a seller who sells a property twice?
Recording a deed is not required by law, so a seller can write two deeds for the same property to two separate buyers, collect the money, a...
Aaron Cooper
Security Deposit Questions
I am finishing the a renovation of my first vacation rental and I could use some advise. So BP Community could you give me your advice on How to Collect Security Deposits? Is there an easy way to collect them online o...
Tarik N.
Baltimore: Umbrella or LLC?
I have a four duplexes in Baltimore, and I am not sure which strategy is best for liability protection: 1) create an LLC, but transfer taxes are pretty prohibities, 2) have an umbrella policy ($1M? $2M?), or 3) a comb...
Sam Sharata
How do you choose your Property Manager?
There are a number of forum postings out there on the subject of hiring Property Managers (PM) for rental properties; especially from out of state investors. While most postings are geared towards asking for referrals...
Steven Mitchell
GC contract/draws/fairness questions
Hello,A little background. This past year we have run the gamut of GC's. A fellow rehabber was taken for 23k. The GC just took the money and never showed up. I had a few bad experiences culminating with this last ...
Paul DoCampo
Acquiring contact information from CA tax collector
Hey all,I am soon to start a direct mail campaign, and have already started "driving for dollars" to begin acquiring my buy and hold/rental properties, and small time wholesale business here in the Inland Empire.Howev...
Jay Hinrichs
LA fires Wholesalers Beware
Just got this bulletin From the DRE in CA. it is illegal to offer Less than fair market value of any property in the fire area that is less than what the value was as of Jan. 6 2025. Fines and imprisonment if vio...