Hey everyone,I have 3 units right in the middle of where Irma went through.  Most things were fine, except a giant oak tree fell over.  When it fell, it took out the power lines and broke the water line below it.  The...

We are buying a house and closing soon. During my final walk through, the tenant pulled me aside and said that he wanted to break the lease. I told him that the lease cannot be broken. That, just like I can't come i...

Hello BP community!!  I am in need of some Legal Strategy, Comments, or even follow up questions regarding this situation I am in. Unfortunately, my attorney is hitting a wall and doesn't know how to proceed.The homeo...

A friend of mine from overseas is interested in investing in real estate in my local market.  He would provide 100% of the financing (through his bank at a low interest rate) and I would provide the oversight and coor...

This is actually my second HUD home, but I didn't do much research 7yrs ago when I bought my first one. This time I monitored the bid results and did my own analysis for how my local market was doing. The recent avera...

If you purchase an existing LLC that holds real property do you avoid transfer tax?

Do you keep the existing basis?

If anyone has done this an can elaborate on The pros / cons I would appreciate it. I'm going to co...

I have a situation that I have not run into before and I'm looking for some opinions.I just purchased a 5 acre parcel, and during my due diligence I found a tiny slice of land-locked land along one edge of the propert...

I have a nonconforming triplex in the Whittier Park neighborhood of South Minneapolis. The property is a licensed duplex but it has had three units, one on each floor, since way before I bought it. I have owned it si...

The purpose of this post is to share my ongoing experience with dealing with fleas in a condo I am househacking. There are two things I am looking for from this thread. 1. A documentation of my experiences so that oth...

I know (or believe) that there are laws in place to protect a tenant's lease in the event of foreclosure. I looked at a property today that is being auctioned online. The tenant told me that she paid her landlord 6 ...