Rewiring most of a house I'm flipping due to it containing knob & tube. Taking down a load-bearing wall and redoing some of the ceiling on the first floor. The house was built in 1930. Fire code states if a house ...
Hello BP world!Longtime lurker, first time poster here.In May of '21, I bought a duplex with the intention of house-hacking. After a bad experience with the tenants I inherited, I opted to convert the unit to an Airbn...
Hey BP! I could use some advice here to have my SFH not turn into a money pit...Its a 1946 SFH in Tampa, Florida with a detached garage that has plumbing and electric, and was half-baked to a livable unit.Ideally I'd ...
So I own a rental property that is under my name (deed, mortgage, and insurance). I would like to deed the property to an LLC that I will create. After discussing with a few experts (my CPA, my mortgage rep, and an at...
Guys and Gals,My first wrap hit a problem - HUD apparently doesn't allow wraps of FHA mortgages. I have a buyer ready and willing, but he insists on only doing an owner financed transaction.Here's the skinny: I have a...
I am in the process of purchasing a school and converting it into apartments. I have meet with the building department multiple times to discuss my plans and they are on board with what I wish to do. The city has the ...
First ever post here!! My question is how are you professionals able to cash out refinance on LTV without waiting the 6 month seasoning period? Are there requirements that must be met? Does it depend on the bank? Does...
With all what is going on in the online business and e-commerce. There is a huge move in the product business to online sales. That will create a huge loss of business for retailers and offices spaces are getting empt...
This is a topic with many opinions, many are just wrong missing the underlying requirements for the different licensing issues related to real estate ventures.
Areas where licenses may be or are required include, but...
First Question: As an agent that wants to start a property management company, what is the usual split between the broker and agent, assuming the agent is doing the work and has more or less started the company with ...