I had some investments in Detroit- a SFR and a loan. Both of them I'll say that I lost my shirt. Between shady business people (what I felt to be) crooked property management companies, and some of the rumor and innue...
Hello BP!I'm actually not that stuck with my broker and have recently parted ways. However this experience has definitely got me thinking about how to avoid this situation in the future. I've been overseas for sometim...
For 1099s issued to yourself for your compensation of an S corp, one has until the end of February instead of the end of January. I saw an ad at BP for processing 1099s but missed who the vendor was. I also called a l...
Hi Everyone -I am trying to locate a mortgage company that will count rental income toward my income when I am being approved for a mortgage. My situation is unique so I'm seeking some specialized advise.Details :
Pr...
This will be my first time investing in real estate. I would greatly appreciate any advice from anybody. Is it more wise to have a buyer lined up before getting the deal? How does the financing work for all three part...
Duplex in Delaware currently in an LLC, but the owner of the LLC is a holding company. My wife and I are the only members of the holding company. We want to refinance in our own names, then transfer it back to the cur...
I'm scheduled to close on a REO SFR that I'm planning to remodel and rent out. I called my insurance agent to arrange for home owners insurance and a few days later he informed me that State Farm looked at pictures of...
Hi Folks,If the property tax deemed ridiculously expensive and I want to appeal the county to lower it, Can I delegate this task to a third party?If so, Is there any company out there that doing this?
Hi BP Members:I have realized that my trash service bill keeps going up, even though we have been a long time customer. I am using Republic Services ( This is the new name - I guess the original company was sold multi...
Hello, I live very close to a property that has been vacant for a couple of years and, in my opinion, would be a make for a good wholesale deal. I've researched the property on my town's registry of deeds and found th...