Is it possible to structure a personal purchase of a commercial MFR property with the intention of selling of pieces of the deal after the deal has closed?Why I ask: I buy properties for my personal portfolio (I'm not...
Currently my partner has properties in his name that have conventional financing, we are looking to transfer these properties into the LLC we are partners in. What type of concerns should we have with transferring the...
Hello,I'm just getting started investing in real estate and have a tax/legal question that I'm sure everyone is going to say "contact a good CPA and/or attorney". I have emails out to both but haven't had much luck g...
So my property management company filed for bankruptcy (Enhanced Property LLC, managed by Keeyana Garrett, there was a post from several landlords, who had properties with them). I had one property with them and they ...
Hey BP, I've been a bit inactive but I am 21 years old and just got an offer accepted on a property in which I will live in one of the bedrooms and rent out the other two. I am going through the loan approval process ...
Hi everyone, looking into buying a property (as a personal residence), I received this counteroffer around an hour ago. They have requested multiple changes to the original offer that worry me. 1) Termite clearance to...
Hey guys, we are closing on our first real estate deal this week. It is a 4-plex and we will be living in one of the units and renting out the other 3. We inherited 3 tenants. All 3 tenants signed year long leases ab...
Hi, I'm new to landlording but thanks to BP I think I have a pretty good handle on the basics. What this situation is though, is somewhat unique. Here's the story:So I purchased this property with 3 tenants already in...
I'm doing some remodeling on one of my units and trying to follow advice from some of the articles and posts on BP regarding working with contractors - most everything seems pretty straightforward, but I'm trying to f...
Hi
I just got a little surprise this morning. It turns out my girlfriend and I are already an incorporated real estate business called "Alpha and Omega Real Estate Servives, Inc." She somehow got incorporated without...