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Hello everyone, I am considering buying a lakefront house with a fishing dock for STR but have some concerns about guest safety issues. Do you purchase special insurance? Are there any other potential issues I should ...
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Hi There,My wife and I are in the process of closing on a duplex (Jan 29th). Currently, both units are occupied with tenants. Both tenants are in month-to-month agreements, renting severely under market. Even better, ...
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Hi,I just got off the phone with Fidelity title here in Albuquerque, NM. I asked them some advice on how a real estate wholesaler (something she's never heard of in 30 years) sets up an assignment fee on the assignme...
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I have been thinking about borrowing against my 401k to get started in investing. I’m under 30 and my goal is financial freedom starting with real estate investing. I know the risks associated with borrowing against m...
So I'm a long time listener and reader of bigger pockets. I recently contacted a man (Steve) who is experienced in residential flips as well as commerical (hotels). I recently met with him and toured the hotel they ar...
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Does anyone know if you have to pay documentary stamps on properties that you take "subject to" existing liens?
My attorney is advising me that I must pay doc stamps on the amount owed on the existing mortgages if a ...
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Can someone please explain the difference (if there is one) in a Net Listing vs wholesaling?My understanding of a Net Listing:Net Listing provision states that seller will receive a net amount of money (say 150k for t...
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I have a rehab property that was close to completion when a cash buyer walked up to the property with offer and a bank statement in hand showing he had the funds to purchase. My business partner and I decided to accep...
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I own half a note (First Trust Deed) with a partner. The loan is due in four months, but the borrower wants an extension of a year. I am willing to extend the term, but my partner may not. How do I take over his porti...
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I recently bought a home and had an agreement that the seller had to fix anything that they had repaired that went wrong during the 90 days. 30 days in, part of my roof leaked and they had it repaired. 70 days in, ano...