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A property manager I want to use has a hold harmless clause in their management agreement. My understanding is this could potentially make me liable for their negligence. I have asked them to remove it but they won't....
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Hi! Is this possible? I found the perfect house where I will be relocating in June, but can't cover 2 mortgages. I could probably sell my current house within a couple days, but I don't want to move until I absolutely...
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Hi All,I placed a bid on a HUD home yesterday that has been listed for 32 days (list price has not been reduced yet) at 82% of the listing price. HUD countered my offer today at exactly 88% of the list price (textboo...
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Many of you mention how important it is to have the right team around you when you invest in real estate (i.e. attorney, accountant, broker). For a beginner, investing in the range of SFH to fourplexes, what team mem...
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Hi all,I recently had a tenant fall on my property and decided it’s time to lawyer up. The lawyer I called I ended up liking a lot and he has a lot of experience specifically in RE law, but his hourly rate is $400. Hi...
I need assistance putting together a list of secondary revenue streams for a property management company. So far I have
PM fee (% of rent or flat fee)
Lease ups
Maintenance (upcharge)
Vendor rebate prog...
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hi guys, as you know im new to real estate business, im looking for someone local to the Mcallen that knows the ins and outs of the business, someone that can teach me and maybe help me a lil with some good tips.
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If you have a rental and set up an S-corp that will take 100% of the profits from the rental (can you do this to begin with? to avoid self-employment tax), and the S-corp's income will pass over to you, can you still ...
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Hello BP community! We are a highly motivated couple from New York, that have self educated ourselves in passive and active investing. We are currently seeking funding for our first flip in the Dallas, TX area, but ar...
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Hello Bigger Pockets gurus!I've been lurking on Bigger Pockets for months as my husband and I have purchased, renovated, and rented our first two single family properties. We thought everything was going great until ...