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I have loaned ( alot) of money to rehabbers and people flipping houses in NY and NJ.A while back I decided to try to invest a very small amount with Patch of Land ( $5000). I was tempted to invest in additional loans ...
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I created a 2 page PSA to be used when wholesaling deals, but my attorney was concerned there was so much missing from it that's in the standard form. But really, does it even matter if a lot of the specifics are miss...
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Hello All,
I am brand new to BiggerPockets and find it to be a great place comprised of helpful advice and expertise. I am a landlord of a single family home in California that has run my property as a charity rathe...
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Hey everyone! I'm new to BP and wanted to get opinions from other landlords or PM's that have dealt with this type of situation. I have a tenant who signed a 2 year lease in March 2019. They just informed me that they...
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HUD ANNOUNCES SETTLEMENT WITH CALIFORNIA LANDLORDS RESOLVING CLAIMOF HOUSING DISCRIMINATION--because of 'unreasonably restrictive two-person-per-bedroom occupancy policy'
Read below the Agreement issued by HUD. Do...
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Here is what is going on:I purchased a 4-plex on September 11, 2014. 2 of the 4 units came occupied, so I inherited two different families as tenants.I am utilizing FHA 203k financing on this property, so I would idea...
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I plan on buying several properties for rent and fix and flip soon. The main thing I am running into is how to structure the company for rentals. I have heard I should put each property in its own LLC and then I have ...
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One of my loans was taken over servicing by Shellpoint. Since then it's been a pita for the last 6-8 months. Essentially my taxes suddenly weren't being paid and they subsequently lowered my escrow payment. I initiall...
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A little over a year ago I bought a triplex in Chelsea with 2 tenants in place. I've poured a lot of money into repairs because previous landlord didn't take care of anything, then I put in a 3rd tenant. I've been luc...