Will Bert
To lease or Not to lease that is the question
Hi BP I was speaking to a local Real Estate Lawyer who advised me not to give a lease. He says it doesn't do the landlord any good. He said that he gives the best rental price which is the lowest and tells the tenant ...
Mark Niemamn
Investment opportunity or scam
Recently I have been investigating several firms that claim they will set you up with great passive income returns through inexpensive rental properties. The sales pitch is roughly the same and at first it appears to ...
Matt W.
Attorney representation at closing: 18 unit residential building
I'm preparing to close on an 18 unit residential building. An attorney quoted $3,000 to represent me a closing. Does this seem around what the fee should be? Thanks!
Aaron Bowman
Jerry norton's power flipper 3x
Ok so after much review and Google searching, I have decided to purchase and document my journey with his program. This will be the fist so called guru program I have spent any real money on. I have done some short sa...
Allan Mugu
Section 8 in Mobile Alabama
Anyone have experience in renting to Section 8 tenants in Mobile Alabama? I've heard you can purchase properties in $20K - $40K range and rent for about $800. Cashflow sounds good but don't know if it's worth the hass...
Alex Silang
Buying a house with mold in the bathroom
I've spent an hour doing internet research. Apparently mold health issues are exaggerated and removal services are oversold and often a ripoff. But I still do not know what to do. I am inspecting a possible purchase. ...
Gp G.
Mold Issue and Tenant Says Mold in Lungs as per Doctor report
I have a roof leak. Then roof contractor removed broken skylight in the roof. I called my own mold remediation contractor who tested and remediated mold. Tenant not trusting this work as he is out of home when this w...
Account Closed
Should I have an LLC?
I have heard a lot about LLC’s and whether or not investors need them. I have heard a bit about it in BP podcasts, but honestly am not sure if I should be looking into having an LLC since I am just starting out. What ...
Jing Xu
Deal analysis in Lubbock, TX
HI Bp,
First time investor here. I have a sfh in Lubbock Texas. So I would like to run it across people in Bp to get some opinion. It is a brand new sfh for 327.9k with tenants in place. The neighborhood is Quaker av...
Tomer Shani
Transfer Tax in Philadelphia
Hello BP!I bought a few houses in Philly with a traditional mortgage. due to that, I had to take title with my name. Now I'm starting to form an LLC for each of my units and my question is: Am I subject to transfer ta...