Nghi Le
Attorneys, LLCs, and Closings in Kentucky
I'm thinking of purchasing a property in Louisville, KY, but I am an out-of-state investor. How much does it cost to create and maintain an LLC in the state, or is it more worth it to create one in my state and then ...
Tony Xu
SFH Buy and Hold first deal Analysis
Hi guys, I am thinking of making my first offer on a property in the KC area.Here are the numbers:Sale Price: 85000Down Payment: 17000Closing: 2000Rent: 950Insurance: 595Taxes: 857Vacancy: 29 (3%)Property Management: ...
Buyan Thyagarajan
Need help on deciding a tenant
Hi,I am in the process of deciding a tenant whose credit score is 556. The wife has an income of 36k and the husband has a used car sales business. They are young and desperate to move and willing to consider a 2-year...
Jeremy Harris
Solid property, Good location, but Roaches
I found a solid 2 flat in a good area on the south side of Chicago. The location is on a block with majority single family homes and close to transportation. Needs a little TLC but nothing major....well structurally...
Ben Clayton
Looking for somewhere to buy used mobile home in Utah market
Hi All!I just recently purchased a mobile home park which has 4 vacant slots that I plan to put trailers on. Does anyone know of somewhere in the Utah (or closeby) market that I could pick up used units?ThanksBen
Victoria King
Lease to own risks and advice please!
We have potential renters who want to lease to own. They can afford the monthly payments but don't have the downpayment for the house saved yet- they have a plan to do so in the next year.We offered to allow them to r...
Derek Kreps
Tenant ignoring my attempts to reach in last month of lease
Hey everybody! I own a rental home (old primary residence) in Illinois, but I now live in Florida. I manage the property myself due to ROI constraints. We are on the last month of my tenant's 2nd year. He notified me ...
George Bailey
Lending to a Non-US resident
Hi all! I am new to the BP community and looking for some advice from you friendly people! First, let me quickly give you some background. I am British and have been working in the US for almost 2 years. I am currentl...
Adam Johnson
Lucky Break or Multiplex Mistake?
Hi guys,Today I stumbled upon an off market deal that has some really great potential, it's a 4 plex located about thirty minutes from my residence; the issue that I have is that the 4 plex is seperated out into both ...
Vera Herlihy
property management contracts between owner and PM Co.
Hello. I'm hoping someone can help me. I'm about to enter into contract with a PM company, but have some questions about the contract. This property is in PA. I've looked online, even the PA Realtors Assc. to see if ...