May a realtor ask me for a DU from my financial institution? Legal?
I have a number of private loans to me. I am paying interest on these loans, but since they are private individuals they wont be submitting 1099INTs to me.
How do others deal with this?
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
Hi Everyone! My name is Carlos, I’m new to this website. I would always read the forums for information I needed an answer for. I’m on here because I need advice. My wife and I currently own 6 properties, I’ve been ta...
If I am planning on using hard money or private money to fund the deal, how should the offer be written up? Is this written up as a cash offer or an offer with a contingency that needs to be put in specifically for ob...
As I am screening applicants, one of the applicants has low credit score (500+), no bankruptcies, no evictions but has late payments.a) Tenant is willing to put down 1.5 month security deposit (state allowed maximum) ...
Hey BP!
I am currently a college student set to graduate in May of 2023 and I really need some advice.
My girlfriend and I want to do a house hack in the Cleveland area after we graduate. Currently, interest rates...
Hi,My family passed a duplex property to me. The rents were way below market value, and the tenants are giving me issues. What do you guys recommend to buy the tenants out. As Los Angeles is tenant friendly, we can't ...
Hey BP peeps! I'm looking for opinions based on the following situation:Closed on a 6 unit last month with 2 other inventors. At closing we were told there were no security deposits in house, by both the former owner ...