All Forum Posts by: Russell Brazil
Russell Brazil has started 177 posts and replied 16824 times.
Post: PA Lease – BiggerPockets Template vs. PAR Lease?
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Quote from @Benjamin Hoffman:
Hey all,
I'm a landlord in Pennsylvania and I downloaded the PA-specific lease template from BiggerPockets. I'm wondering—is that sufficient for a standard one-year lease, or would it be better (or safer) to just make an account with the Pennsylvania Association of Realtors (PAR) and use their most updated lease?
I'm not planning to have an attorney review it, so just curious which route is more trusted among PA landlords. Also, if anyone has the updated PAR lease and would be willing to share it, I'd be super grateful.
Thanks!
Well you cant just make an account with PAR and download their lease. Their lease is licensed for use to their members. You would need to hire a PAR Realtor in order to use their lease.
Post: The Bigger Pockets Mount Rushmore
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Quote from @James Wise:
Behold....The Bigger Pockets Mount Rushmore. A mountain of men so awesome at real estate that there are 5 heads instead of 4. These 5 men have amassed a stockpile of votes big enough to fill the hole left in your heart after your Dad never came back after saying he was going to the store to get some cigarettes.
These 5 men are tough as nails.
These 5 men season their steak with pepper spray.
These 5 men put hot sauce on their cereal.
When Elon Musk gets to Mars, one of these 5 men will make him fill out a rental application.
When these 5 men enter a room, they do not turn on the lights, they turn off the dark.
These are the 5 men whom the monster under your bed has nightmares about.
@Jay Hinrichs @Nathan Gesner @Russell Brazil @james wise @joe villeneuve
___
It's silly to ask, but if you've got a Bigger Pockets Mount Rushmore that differs from the one seen here with the 5 G.O.A.T's....Who's on it?
I remember way back in time when I use to be #2 before Nate Dog passed me.
This is of course such a great honor to be listed in such an esteemed group of men and a smurf.
Post: New member from Maryland
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Quote from @Francine Keuke:
Hello – My name is Francine . I live in the greater Washington DC area. I am new to real estate investing and looking to connect with any local investor.
Thank you
Post: Should I Use the Listing Agent or Get My Own?
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You should get your own agent.
Post: Clayton Morris still free
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Quote from @Herbert Whalen:
I am Bert Waylon. It’s been five years of Probation now 3 1/2 years of prison and 3 1/2 half years of halfway house and more Probation why God’s name has nobody gone after this guy.
Kind of weird you spelled your own name wrong.
Post: Question for residential real estate professionals about prohibited buyers
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Quote from @Collin Hays:
A house next door to my principal residence is for sale. However, there is a disclaimer in the listing that says "no XYZ Bank (a large local bank here) employee or family of an employee is allowed to purchase this property."
Why would that prohibition be in the listing?
It's a foreclosure owned by that bank
Post: Who do I contact for questions about applying for a rental license?
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Quote from @Sam Bhattacharya:
I am a landlord in Maryland. I have learned that I need to apply for a rental license. However, I have questions about the application process and need more guidance.
Who is the best person to contact about this?
Contact your county or city government
Post: Long Term Rental in DC
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Quote from @Sergio María Cabanillas:
Investors in Washington, D.C. I’m looking to invest in Washington, D.C. Any advice you can give me? I’ve noticed that, given the high housing prices, to achieve a decent monthly cash flow, you need to pay more than 20% down. Thank you
It takes about 40% down to break even currently.
Post: Hello from Washington DC! New student to real estate looking to own rental portfolio
- Real Estate Agent
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Quote from @Victor N.:
Hello all,
My name's Victor Ning, and I'm based in DC. I'm new to real estate and would like to build a rental portfolio. I'd like to meet like-minded people here and grow together.
Victor
Welcome to BP. There is many DC investors here.
Post: Abolition of Single Family Zoning - Could this spread to all areas of Boston?
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Let's hope so!
But this is not as big of a deal for the Boston area as it would be for other markets. Boston already has a plethora of multifamily housing, which largely doesnt exist in the entire mid-atlantic or southeastern parts of the country. Multifamily homes are primarily a thing in the northeast.