Richmond Taylor
HELP! Buyers want to close all cash bc lender can’t perform
Hello... please help. Closing is next week and buyers have requested an extension. Sellers refused to extend for a number of reasons. Buyers are now stating they will pay all cash at closing since their lender can’t p...
Kelvin Williams
Newbie Closing on 4plex
Hello All! I’m closing on my first rental property 4plex that I will be house hacking living in one of the units. For the rental income and to keep everything separate. The property will be in my personal name. Shoul...
Nate Ferrari
Mail delivery issue in turning a SFH into a duplex
Hey guys! I'm interested in turning some SFHs into duplexes by finding a property that would be conducive to that. I asked my realtor about it and he quickly said he would not recommend it because of the issues of the...
Rebecca Graziano
Prohibitted Subletting - Best Options with Unwanted Occupants
Hi BP community!
We have a rental property that suddenly went south. The tenants abandoned the property in September due to domestic issues and parted ways. Because they are still on the hook for rent until a new ten...
Steve Matrix
Purchasing Willed Home Without Probate
Hello,
I will make this as short as I can. Eleven years ago, my dear and beloved parents helped me out tremendously by purchasing a home in which I've lived for just over 11 years now. I had a horrendous business pa...
Brian Stratton
New Turnkey investor - would appreciate advice
Hi, I'm a new investor from Connecticut looking at buying turnkey property in Memphis, TN. I have a few specific questions and would greatly appreciate some advice. 1) Legal - I want to set up an LLC before investing...
Bryan Barry
What happens if financing falls through on the buyers end?
So, lets say I have a standard wholesale deal set up. I have a seller and an investor. I get the property under contract as per usual, with a financing clause that holds me (the "buyer") free of obligation if I don't ...
Greg Franck
Tenant Threatened Destruction to Property
Hello All, I am hoping to get some advice from the community on dealing with this situation. My wife and I management several home in the STL, MO area. Yesterday I was on site to install a new fire extinguisher in ...
Torin Perret
Should I form an LLC?
Hi, I'm a home owner and am looking into potentially buying rental properties down the road. Is it advised to do this through an LLC or other legal entity to protect myself from liability?
Joshua Land
Help with house hack
Help for my sister: She has a 5 bedroom home with two bedrooms and a full bath in the basement that is fully furnished. She would like to rent out one of the basement rooms but does not know where to start. Does anyon...