Hello BP community! Been a member here for a few months now and blessed to be part of this community. I started my first flip in July of this year and expect to complete it by September 30th. I structured my first dea...
Talked to an attorney yesterday (large downtown firm) about forming an LLC(s). She said you have to maintain it by having meetings, writing resolutions about decisions and keeping minutes. Really? By myself? How do yo...
I am trying to get some cash together to by my second home my current home has about $38,000 in equity i have been told by several none investors i can raise my home equity instantly by getting solar panels now i am a...
My current back tenants (bf and gf with 1 and sometimes 2 kids) have been a headache since day 1. They are on a month to month lease since their year lease finished. Per the lease agreement I can end the lease if I gi...
Has anyone had issues filing Quit Claim deeds in order to move rentals under an LLC and the loan being called due? I've heard this typically isn't an issue, but I was curious if lenders were being aggressive with this...
Hi All! I have recently purchased a house with tenants. The lease ends in September. However, the closing went pretty fast and I completely forgot to ask the previous owner about the condition of the house. We have pu...
Is it wrong to believe that the NAR Settlement is evil for sellers who want their real estate agents to get the maximum value for properties they flip? Why does denying agents the ability to show a commission benefit ...
In 2019 I purchased a Duplex in New Orleans for $219,000, I was able to refinance during Covid to a 3% interest rate. After I left NOLA, I was able to rent each side for $1,295 through a property manager taking 10%. T...