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What route do you think makes more sense to bring together private capital for flips?Would a simple JVA would suffice at this early point or SEC regulations would make this more complicated, and expensive?
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Hey BP! I recently purchased a 4-family in an okay area of St. Louis and with the building I've inherited 4 tenants. A month into ownership, a few neighbors started complaining about the neighbor from one of the units...
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Hey BP!I recently found myself in an interesting scenario where myself and a seller are battling over an earnest money deposit due to differing views on the definition of a mortgage financing contingency. In short, he...
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Hello all! I own a duplex in the city of Cleveland and would like to know if I need to file a tax return with the City as well as the state. I viewed the website and found a form that appears to be for rental income b...
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I am in process of setting up LLCs to begin the process of getting properties transferred over and out of my personal name. I have 7 investment properties with 1 of those commercial. I setup three entities a resident...
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I am doing my first live-in flip and all the windows in the house need replaced. I've received 5 quotes now but there all from the bigger name brands and the price is high. I need advice. What do people here on BP do?...
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So I did a flip back in 2010 for a house on my street. It was kind of a hoarder house. I talked to the heirs after the mom passed and negotiated a deal to buy it for $40k, then spent $72k renovating (with credit cards...
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I just recently renter my apartment to a lady (25) and fiancee (21) less than 2 weeks ago. In her signed rental application form she stated she didn't own a pet. on the rental application form states that your lease c...
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Hello BP,Wondering if anyone else has had this issue before and how did you solve it. I have a tenant that has been coming by my personal residents and putting the rent in my mailbox without my knowledge.(back Story) ...
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When flipping a house do you use the same template for the flip? I’m sure the rehab process varies from house to house, but in general do flippers try to stick to the same game plan? I.E. same countertop, lighting, pa...