Greetings BP Community,I am interested in filing a small claims action against a prior tenant of mine whom lived in a unit I own in Snohomish County, City of Snohomish, Washington State.Situation: The tenant left with...
Currently live and operate in Norfolk, Virginia, and while on vacation visiting my wife's parents in San Diego, California I can't stop thinking I'd much rather pack up all my stuff and move out here. It's nice all ye...
So I'm in the planning stages of a full rehab in Portland, OR. I'd like to describe the agreement that I came up with for what I believe is an equitable split for the proceeds and see what some more experienced rehab...
Hi BP,I have a very interesting deal under contract and I wanted to get your feedback on somethings.These 20 units are compromised of 4 different tax parcels, 6plex, 8plex, and 2triplexes all on the same street.1. Is ...
Hi BP!Quick summary of what I am doing: Acquire small multi-family properties with capital partners to put up the down payment money, bank finance the remainder of the loan. Create win-win for all involved. I've ne...
I have a tenant who suffered a stroke and currently is unable to drive her car. Her license plate tags expired but she filed a non-operated vehicle notice with the DMV and was approved. She provided the approved non-o...
I’d like to get feedback on a strategy I want to pursue. I work in Silicon Valley and make well into the maximum tax bracket. I wanted to pursue REI both as a way to invest extra money (already maxed all other tax adv...
I'm wrapping up a deal on a 2 bed, 1 bath house for $55,000 in the Midwest. The rent will be bumped up to $700 a month. After accounting for the mortgage, insurance, taxes, cap-ex, vacancy, and property management (bu...
I want to know the good, bad and the ugly about land trust and why I haven't heard of to many people using them..
I am looking into buying my first MFR and wondering if I should eventually change the tittle to a LLC for liability issues. I am not sure if the bank will have a problem with that or if that is something easy to do. W...