I'm new so maybe you just need to point me somewhere, but here's my question: How do you get the Lender to take the Property!! It's been 20 months since our previous renters left it needing extensive cosmetic repair...
I just closed on my first rental property which is a triplex in the Greater Philadelphia area. All three units are occupied with only two units paying rent. The third tenant who is not paying rent also happens to be i...
Need some advice on Business Basics since I have never owned a Business or ever created one until now and I am not sure if I am just over thinking this but I want to do this right for my family’s sake. I have a Busin...
The title agency is asking for my operating agreement for my multi-member llc to check if I have signing authority. I have been educating myself on the OA for a few weeks and was going to take my time to draft an O...
We just finished a flip that is listed on the MLS. We decided to also offer it as a Lease with a 3-year option to buy. Having never done one of these, can I get some feedback on how we structured the option and pose...
I was able to secure a deal with some cash down and the rest seller financed. Seemed pretty straight forward but the seller is being a little difficult. First, they didn't want me to do a loan because they didn't want...
We write on the topic of loan scams often and we always get a lot of responses from victims of these scams. People often ask, “Who do I report this to?” and unfortunately there is no straightforward or clear answer...
I purchased my first rental property (triplex) 7 months ago and have had pretty good success with it thus far minus a few hiccups here and there. In my one unit however I have trouble tenants who are habitual late-re...
Hi BP!I'm set to close on my first rental ($82k duplex) this Friday.However, I received the Title Agency's Final Settlement charges and it does not include a Prorated Rent or Security Deposit from the seller (even tho...
When your property is relatively inexpensive, say $200k, and you want cost segregation applied to it - is it worth it to hire a cost segregation firm and pay their fee? Before we explore this question, an important re...