So I had a insurance claim on one of my rentals for the first time since I started purchasing rental properties 5 years ago. There was a water leak and it damaged some dry walls, carpets and closets. My property man...
Hello BP Family,First, I know that the fiduciary is often a lawyer. Those of you who work probate leads a lot, do you expect your mailings get blown off and tossed in the trash before the next of kin actually sees it?...
I am a landlord of a condominium unit in Washington State, and the CC&Rs say, "Landlord is responsible for tenant damage to common areas and to limited common areas". A tenant of mine has snapped. She is being hel...
Hello,I am new to the forum and have a question about homeowners selling directly to buyers. I am assisting a relative with selling her second home, we listed on Ebay and I posted on social media sites. Has anyone any...
Hello, this is a general question. Would you need or recommend finding a real estate agent to buy a turnkey direct? There is are several firms that are turn key specialists so I am not sure if I just buy direct from t...
Hi BP, a friend of mine is in need of an expert witness to testify in an upcoming fraud case involving flipping houses (it will be a few months from now). He was defrauded out of $500k+ by a flipper that he was invest...
Wall Street Journal reported Sales of previously owned homes slid 17.8% in 2022 from the previous year to 5.03 million. Although we are seeing downtrend in home sales , there is some positive news. The average rate o...
Working with a seller who has a property he has inherited from his mother. He is on the deed, but not on the loan. He has been paying the mortgage, maybe partially, and it has been transferred multiple times, currentl...
I was curious to hear of the benefits of using (s)LLC instead of an LLC. I am buying my 3rd two-unit and considering the strategy to mitigate exposure. Currently operating in a standard LLC with my partner but wonderi...
I own a 12-unit building. I have an interested buyer wanting to purchase the property for $100,000 with a $10,000 down payment and payments of $593 per month for 6 months. He wants to pay the entire remaining balance ...