Doron Rice
MH repossession. MH park is asking me to cover the rent.
Hi- I need advice from anyone who has any Mobile Home (MH) experience. I'm a lender to a mobile home owner whose MH is residing in a private MH park. The owner has defaulted on his loan already with me and is also not...
John Casey
Subject 2 to Lease Option... My proposed strategy... Advice needed.
Ok... so I have this idea... Just want to bounce it off of the BP community. I will work my best to keep it short and simple...
I have been doorknocking for listings for awhile now, and am finding that it's very rew...
Jeffrey J.
Accredited Status - Net Worth Requirement
Random question that I couldn't find when searching BP. When calculating your net worth for accredited status, how are investments in syndications treated? Are they completely excluded from the calculation or are we a...
Adam Collopy
Is there any benefits to paying your spouse a salary under your own LLC?
I just created an LLC for my rental property, so this is all new to me. Is there any reason to pay a salary to my spouse? If I pay her, to make this simple let's say $2k a month, she'll pay taxes on that which means...
David Stott
Rochester NY & Snow Removal
So Rochester, NY colleagues with property within the city . . . what are your thoughts on the recent news that the Mayor expectes owners/landlords the responsibility party for removing snow on sidewalks, regardless of...
Arthur Kelly
New investor - looking for first flip - South Florida
Hello everyone,I have been reading posts here for a few months now and have probably always desired to get into real estate. I remember as a 16 year old watching Carlton Sheets infomercials and knew it was something I...
Tracy Minick
Eviction Bill Passes in Washington Legislature!
Big changes have been passed by the State...credit to Snohomish County NARPMA sweeping new eviction bill has passed the Washington legislature and now heads to the governor for signature, according to reports.The evic...
James Sidney
Need Help Understanding How to Use Equity Wisely
This is an appeal for advice. My title refers to using equity, but I could just as easily have called this post "somebody please tell me what to do now!" I've had some success but I'm more an amateur than I seem. I pl...
Christopher Grobbel
FHA Insurance Denied After Closing
We closed on a property in April. Our lender just reached out and informed us the FHA is refusing to insure the loan. This means our lender is kind of stuck and the loan is going to stay on their books. They want th...
Will Demps
Advice on Loans
Hello,
My brother and I received a house from our father (act of donation in june 2008), the house is a two family unit, estimated value of $70,000. The house is clear of any mortgages, liens (no money is owed for it...