I have learned that requiring 2.5 to 3 times the salary is the norm. Do you let applicants know if they ask you?On the one hand, I have read that it is better not to give out much information; on the other hand, I fee...
Good morning all,I have been doing gap lending for a few years to a fairly local LLC. They did a few successful flips and paid me according to the contract we drafted, which was good.I have two houses I lent for (prom...
So, I'm noticing some good values in the area downstream from the area flooded by the Army Corps of Engineers. Given that it is unlikely they will do that again any time soon, and that mitigation projects are underway...
I am finishing a remodel on a house in Smyrna, DE and is it almost ready for a tenant. I have no experience in real estate beyond being a home owner who has done a remodel that I have now moved out of and want to rent...
Hi my name is Courtney. I live and work in Winnipeg, Manitoba. I’m originally from Ottawa, Ontario. I’m currently working full time for the Government of Canada. Im a trained Architectural Technologist. While I’m cu...
If I did two flips last year can I file both as capital gains or would I be considered a dealer and have to do a sch C? Both were held less than a year. Thanks
Hello BP!I need some ideas in order to take my tenant to small claim. I recently evicted a tenant and they have completely distroyed my unit. I want to take them to small claim but I was told by the housing court in o...
Hey BP community,I’m new to the real estate game in the southeastern Louisiana region. I’m still in the process of learning as much as I can through books, the podcast, and picking my mentor's brain. I live in a nice ...
I'm in contract on a Duplex and the closing is Monday. Its friday and me realtor just called and said the seller can't close because there is a tenant in one unit that won't leave. (The tenant is also behind on rent.)...
I currently have 5 rentals (looking to grow) that are financed conventionally. That being stated, my lenders will not allow for me to transfer title into an LLC. Since I’m not able to transfer any of my 5 rentals into...