Curtis H.
Does paying mortgage give you equitable interest?
Not sure what forum this goes in but I have an interesting question. This doesn't involve me, but a childhood friend. I'm not sure what to tell him. Here is the scenario as simply as I can put it.* Used family member'...
Gail W.
Contractor's final invoice contains big surprises! Now what??
I had a slab leak in my rental home. The insurance adjuster and contractor he brought in were great! I couldn't believe how much would be covered; we would be getting a whole new kitchen and flooring thru out most of ...
Alex Harris
Any States Against Wholesaling?
Hi BP,
I was wondering if there are any states, cities, or areas where they are completely against wholesaling? I understand that it is looked down upon in general by some but are there any areas where it is deemed...
Dean I.
Just Need Confirmation: Transferring Rental Property to LLC
I have already read a lot of threads on this, I just want to confirm what I know and make sure I am on the right track and not missing anything important.1. When transferring a rental property from your personal name ...
Ben Cochran
Tenants trashed my rental
So my tenants trashed one of my rentals and moved out. Carpets were soaked in pet urine and engine oil. Countertops were damaged. Fist sized holes in every room. Doors ripped out of the wall and left the house full of...
Mark S.
Shady Syndicator Stuff or Smooth Sailing?
Been evaluating several syndication opportunities lately and I've noticed a few things I've not seen before in this space (and even with the same operators). I'm not going to call anyone out, but here are two main th...
Stephanie Hay
Financing for the Self Employed
For about 2 1/2 years, I have been Self-Employed. According to my tax return, last year I broke even. While my income has increased drastically this year, I will still have some deductions. I've been thinking about fi...
Andrew Kniffin
Help me structure creative-finance Offer Structure for 6-plex
All:I'd like your help in structuring a creative solution to buy a 6-plex that is physically in good shape, though financially it's a mess. Here are the details:"Ask" price is $299K, though Seller's Agent has suggest...
Corey Demuth
Best option for mortgage when buying rental to hold in LLC? (NY)
I am trying to buy a SFH to rent out. I am running into a problem where residential lenders don't want to let me take title into an LLC (even though I would personally guarantee the loan.)OK.So I talked to some commer...
Steve Fitzgerald
Lease Review- Anything to add?
Here's a lease I'm working on for a property I now in CT. Anything you would add?Steve---------IN THIS LEASE the words "we", "us" and "our" mean the Landlord, ________________________.The words "you" and "yours" mean ...