I understand that not everyone is going to like this post but I feel this is our duty to warn others of potential investment risks that could be prevented. This time, I want to expose the danger or buyings tax liens o...
In the realm of real estate investments, the short-term rental loophole offers a unique opportunity, subject, however, to certain rules and regulations. According to passive activity loss rules, every business is obli...
Hello All,
Was looking at these after purchasing the King Cooperative Purchase System. He includes the contracts, but only shows how to fill out the main one. Process is,
1. Locate seller with little or no equity....
Hi all! I am currently closing on my first rental deal! It's a 2 acre, 3 mobile home unit property with all three units currently rented. I just found out that one of the current tenants is a registered sex offende...
Hi all ,
Would you take someone from Marijuana conviction from 7 years ago as tenant ?
When they say Marijuana conviction means he smoke marijuana or could mean he was selling it?
Is easy to get rid of marijuana sm...
Hi all! I purchased a duplex in Chicago and inherited the tenant from hell. She is running a daycare out of the unit, she has a cat and a dog, her girlfriend clearly lives there with her, she puts her garbage on the b...
Hi BP community!My wife and I are purchasing a duplex in Atlanta. One side of the duplex has tenants that might stay after we close, the other side is vacant. We're moving into the vacant side and have two dogs, so we...
I'm looking for help from the crowd on this one.I'm putting together a blog post with a checklist that a creditor/lender should follow in case their borrower files a Chapter 13 bankruptcy petition. The purpose is to p...
So long story short, he was my seller's agent, at that time, I was little hesitant to sell the commercial property because I didn't like some of terms that buyer wanted. Then my agent started threatening me that even...
One of our tenants is late with her rent. She paid 50% last month and has not paid this month. She asked me to use her a portion of her security deposit (1.5 months rent) to cover the half month rent for last month. ...