Scott Armstrong
Screening / Mgmt Software w/o Criminal Background Check
Hi, I'm just starting to rent out my house in Seattle. I'm wondering what services you all use to screen tenants in Seattle, in order to conform with the "second chance" law preventing criminal background checks (or ...
Kenneth Bradford
What does Homestead mean?
In the Philadelphia area when you look up a property for taxes, revenue etc.., Under account information it has the word "Homestead". Some of the properties have a dollar amount under thar word, some do not. Please ex...
Cori Leste
I have ~$500K to invest. Looking for advice on this strategy
Hello fellow BP’ers! Been lurking for a while as I learn and formulate some strategies. I currently live in the Bay Area and work at a tech company. My husband has decided to go to law school out of state (still waiti...
Kristen Watts
Breakup - do I ask for a lump sum or try and get rights
(PLEASE PUT IN THE RIGHT FORUM)I just went through a breakup. We own 7 properties but they are all titled in my ex-partners name. However, I did most of the work. What to do now?My attorney believes, based on the info...
Jason Stone
Section 8?
I have gotten 3 calls on an apartment I posted via Postlets asking if I take Section 8. The unit rents for $925. Should I look into Section 8? Is it a good program or am i opening Pandora's box? Is it relatively easy ...
Gene Ferriter
Using collateral for downpayment instead of cash
I am looking to buy a property that will need 20%-25% down. I would like to leverage my IRA as collateral for a down payment instead of using my own cash, home equity loan or refinancing a rental. Has anyone ever d...
Elda Castillo
Need more capital to flip a single family
Hello BP community,
I am rehabbing a house that needs more work then what I originally planned. This is putting above budget.
I took out a rehab loan to flip the house so I'm in a bind to raise needed funds to compl...
Billie Joe
Can you have an LLC Partnership where 1 member is a contractor?
In an LLC taxed as partnership, can 1 of the partners be an independent 1099 contractor to provide services for the business? For example:Partner #1 Limited Partner (K-1)Partner #2 Limited Partner (K-1) AND 1099 Contr...
Chirag Patel
Tree roots to adjoining property
Hi, I recently purchased a rental property which had been on the market for some time now, As soon a tenant moved in, my neighbor said they wanted to rebuild the fence, and are asking me to remove a tree which is in b...
Raj G.
Equity Pledge, instead of 2nd lien
Hi,I have been doing private lending for a very long time, most of time first lien, some time 2nd lien also.recently came across a situation where first lien is already there on property and there is clause than 2nd l...