Adolphus Fletcher
Can you avoid personally guaranteeing mortgages through business?
Let's say I already formed a new LLC that would be designated for REI. How do I get business credit strong enough to avoid having to personally guarantor commercial or residential mortgages through my business? Is th...
Scott Glozzy
Listing my STR in the offseason as a Mid-Term rental
Hi Everyone, I'm a rookie real estate investor with one short term rental in South Carolina. Currently my STR is doing great during the busy summer season in SC and covers my offseason which is fantastic, but I'd like...
Paula Smith
Lease purchase deal gone terribly wrong...
In 2005, I went into an agreement to sell a property I owned that had a mortgage on it. The agreement was basically written out on a standard residential sales agreement with the terms of the owner financing (me) ...
Michal Kolenda
Considering a Career Change
Hi all! I recently was notified I'd be getting laid off after Labor Day, which sort of works out for me. I'm 27 and I've been thinking about changing my career direction and this is a good opportunity to try something...
Account Closed
Is the Real Estate market really not going to take a hit?
I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...
Andy K
Tenant check at lease signing has bounced !
Hi,
I would like some advice from experienced folks on the board about an urgent matter. I signed a lease with a tenant and at the time of lease signing, they gave me a check for the move-in funds. They got the keys ...
Jason G.
Risky and complicated first deal in Newark, NJ – should I do it?
Risky and complicated for a first deal – should I do it?Hi BP community. I am writing with my first post, and I am writing at a time when I sense all of the hard work put in is about to lead to my first deal, on this...
Sam Leon
A couple of things on turning over a unit between tenants
I have a few things that needed input from BP landlords on turning over a unit.SHOWING A UNIT WHILE STILL BEING OCCUPIEDThis is something I have never done I always waited till the unit is vacant and I have a chance t...
Mike Wood
Built 2 duplexes or a single 4-plex?
Looking for feedback on my next potential project. In my area (New Orleans), property lots are narrow, and the neighborhoods were established before cars in most cases. In the area that I am looking, the lots are 3...
Stefano Grottoli
Partnership Model - do you think this would work out?
Hi everyone! As I'm new to real estate investing and to BP, I've been reading and educating myself a lot before going into anything solid, but I do want to start as soon as I feel ready to.Sorry if this post is really...