Jackie F.
How to establish credit and financing for my Real Estate LLC?
Hi BP,I currently have 4 rental properties with mortgages under my name. I am looking for my next property, but would like to finance it under the name of my LLC. All my LLC has is a credit card. I only have 1 year...
David Zheng
Can I Sue??? Lender troubles...
So I know this has happened to a billion people and I has happened to me more than once.... Long Story Short:So I'm buying a property and I have taken care of everything for the lender days after contract. However a w...
Xavier Cabo
Questions on closing a deal with senior care business
Good morning BP community, I am trying to complete a deal with a senior care business looking to expand their operations. The business has several properties in the state and the owners want to add 3 locations per yea...
Mark Bushong
Do I need an LLC to buy my first rental property?
Hi everyone,
I am a new investor in the Tri City area in Michigan. (Bay City, Saginaw, Midland). I am looking into multiple different multi and single family homes to start applying the Brrrr strategy to.
I am wo...
Eric La Pratt
What closing costs, fees, etc. are deductible from 203k project?
I closed on a multi-family 203k project in Chicago that I am house hacking. Since I will be occupying, I understand I can only write off a portion of the expenses (presumably 75% since there are 4 floors and I will li...
Troy Welch
Real Estate inheritance with lien against previous owner
I have a question about inherited property which has a lien against it- from previous owner- and I have no idea how to resolve or where to start.First off, I have vague information but will try to explain it as best a...
Sandy Uhlmann
How does a lienholder regain title after occupants default?
I have a mobile home in a park. I owner financed the trailer. I am listed on the title as the lienholder. The occupants are 2 months behind on payments. I have sent them certified and first class letter warning th...
Account Closed
NYC Homeowner Arrested For Changing Locks After Squatters Take Over.Time to leave NYC
A woman who inherited a home in New York City full of people squatting illegally was arrested and led away in handcuffs after she changed the locks.
Adele Andaloro, 47, was placed under arrest at her $1 million hom...
Andrew Stouse
What amount of money do you need to begin?
I often see these forums flooded with people asking questions that they really don't need to ask, as their questions are very much personalized to their specific situation.I will try my best to keep this as short and ...
Jon Martin
Tenant leaving. Should we disclose the reason why to new tenants?
Over the past few months, our tenant has been harassed by a stranger in the area (stalking, climbing onto her balcony, trying to get into her car while she's in it). The Police have been involved but unable to catch h...