Austin S.
Note got pulled for random audit!
My father purchased a note about a year ago. We just got notice from our servicer that we are out of compliance. I will try and explain the situation.1) It was a land contract that was originated in 20112) There is la...
Alvin Pereira
Buying as an Individual - Transferring to a Business
Hi my BP Family!
I've heard a few times that you can't buy/mortgage a house as an individual and then transfer it to a business. The primary reason one would want to do this is to get a mortgage since most banks won...
Russell Brazil
What Ratio Do You Use In Baltimore City?
What ratio are you Baltimore investors using to prescreen deals in Baltimore city? In other Maryland counties I typically use the 1% rule and it turns out fine. But with the insane real estate tax rate in Baltimore ...
Lei L.
Do you allow pet in your rental home? Do you allow smoke inside?
If allowed, how much do you charge for pets?And smoke inside?Thanks.
Matt Lawrence
Home Repairs & Tax Write-Offs
Hey everyone, I'm new here & couldn't really find the answer to my question(s) so hopefully I can get some feedback/pointed in the right direction.
Me & my friend recently started a company buying homes to le...
Patrick Snyder
Top ten most common repairs
I'd love to know, from all landlords/property managers, what are your most common repairs from tenants, either because of day-to-day living, or due to neglect. And, if these are much different from the repairs you...
Joe San
Knob and Tube in Old house
Hello all, In closing right now for an old duplex, one of the issues that worries me is the house was built originally in the mid 1800's and although has been renovated many times I know it had Knob and Tube electric ...
Kevin Lin
Buying vacant land with cash step by steps
Hi All,I am interested to buy a piece of vacant land in California (to use for my retirement years) which is priced between 5K and 10K, and I am planning to buy with all cash. The lot I wanted to buy is zoned for resi...
Jason Foy
Installing new water main
I have my first rental house under contract with earnest money in escrow. I have Been working hard to check off as many things as i can. One of my biggest concerns is the property is on a well / sand point. And city s...
Timothy Allen
Trouble with tenant or property manager?
I have a house in Norfolk that I am renting out using a property manager. It is my first rental property so I am new to learning the ropes, and also active duty Navy so I have spent more time away than around. I got h...