I am in contract in a short sale with a seller who bought a house before he got married. He is now deep underwater and wants to shortsale. He is still legally married but separated. He doesnt work, he is a veteran and...

I am doing a job in Shaker Heights OH for which I currently have 150% of budget in escrow with the town housing dpt.I can only get the funds released once violations are rectified. Where can I go to borrow money to g...

So, In my contract it states that I can opt to have a property inspected prior to closing. Right. So my question is: Can I have my friend who is an licensed and insured contractor "inspect" the property on my behal...

BP Community - Does anyone have a list of tax specifics/conditions that apply to sharing cash flow between properties to pay expenses?For example, Property A has cash flow that exceeds depreciation and Property B is a...

I am looking at a multi family property that is fully vacant while the owner tries to fix it up. Which do you prefer when buying a fixer upper: fully occupied or fully vacant? Maybe a mixture?

My thought process i...

Hi everyone, my wife recently reached the dream of being able to retire at 49 thanks to rental properties.  Some of her properties are in her self directed IRA.  A provision in the IRS code known as 72T allows one to ...

In Montgomery County, MD the law states that interest cannot be charged until rent is late by 10 days. If an owner wants me to write language into a lease that late fees will be charged if received after the 5th of th...

Hello BP!I am an investor from the SF Bay Area.  I am purchasing a 5plex property in Dallas, which closes tomorrow, 8/31.  I have experience with rental properties in the bay area, but this will be my first out of sta...

We are first time landlords and just bought our first duplex. As we begin to decide what lease agreement to draft, we just want to ask others what they personally think is better and why? We have read a lot of blogs o...

I am representing a client trying to purchase an off market 10 unit residential building in Boston. There are a few problems : first seller wants a financial statement even before we view the property. But we need to ...