This is a first for me so I'm a little concerned and was hoping I could get a little imput for anyone in my area ( Cook County IL ).Back in October 2012 I started the eviction process on a tenant that stop paying rent...
I have a weird question. My renters are about to end their lease and they are responsible for damage to the house. I suspect they are not going to be happy when I withhold money from their security deposit to pay f...
I'm about to start taking applications for my rent house.
If I reject a tenant who fills out an application (which is free) do I have to tell them that I am rejecting them and if so, do I need to tell them wh...
Hey BP Family,I am hoping that someone can help me answer this question. Is it possible to buy a property from a Irrevocable/revocable trust? I see properties all the time that are held in these trusts, and I pass t...
I purchased a flip a few weeks back. The contractor I had working for me gave me a spreadsheet of the costs, but nothing was ever signed. He said it was “in good faith” after one of his managers made some critical m...
Hi. Does anyone have any suggestions on how to go about setting up an LCC for an out of state purchase? Should the LLC be set up and paid for in the state of the property the LLC will be buying? I live in MA and have ...
Hi,
We have our primary residence in Texas, own an 2nd Home property in FL that we STR with an LLC to operate; and are purchasing a 4plex in Louisiana. While we are actively working on our personal trust... I'm try...
Hi Everybody!I just closed on my first property today! I'm super excited! Anyway... It's a tenant occupied duplex in Oakland CA. Both units are occupied. Anyone with experience doing this in oakland CA, my question is...
Has anyone had experience wholesaling foreclosed homes? Please don't try to convince me it can not be done. It can be done and I've seen people do it. Unfortunately, I haven't been able to gather any info from those p...
More and more states are requiring wholesalers to be licensed. I have stated before that this could be a trap for the wholesaler, whom, if licensed may be taking on a responsibility to the seller that is at a minimu...