Christian Hall
How should I align my offset lease terms?
Hi BP. Looking for some pro tips on the following situation:I purchased a 3 bed single family home last year. I lived in one bedroom and rented out the other two (yay for house hacking). I moved out and filled my spot...
Amanda G.
Creating owner financed notes for an IRA
Very complicated note deal, looking for advice how to structure it.A money partner with a self directed IRA wants to buy a property and then sell it with owner financing and keep the note. I have the deal for them, an...
Marc M.
Property Valuation For Partner Buyout
I did what most people warn against....getting into business with a family member, and starting an LLC without an operating agreement. Long story short, we need to end our business ties, but there is disagreement abou...
Michael Vaughn
Buying a note in the middle of a trial payment plan
I'm currently in the due diligence of a note, perceived as non performing but as I started to inspect the file I have noticed the current loan services company has reached a 3 payments trial payment plan agreement wit...
Charlotte Dunford
Preferred rate of return question?
If you were to pay your investors $8,000 in preferred rate of return of 8% on their $100k capital investment, the second year the capital account amount would be brought down to $92,000 right? The second's preferred r...
Arthur E.
How much should I pay my agent for an off market deal?
I'm going to sell my duplex in Michigan to one of the tenants that has been living there for 6 years. I've only owned the property for 6 months. This is going to be an off market deal. The tenant and I have come to ...
Tykeem Greene
Florida wholesale contracts
I need a Florida purchase and sale agreement contract a blank one
Tom Gimer
Why would a lender NOT approve this?
Short-sale approval obtained a while back... it's Friday, closing is Monday.Purchaser had something come up and now wants to buy a different property and have his "friend" slip in and close on the deal. Assuming the r...
Leo Furest
From 0 to 100 properties in 14 months…My personal experience
From 0 to 100 properties in 14 months…My personal experience
It may sound strange, or fake. But is not. My main objective here is sharing my personal experience with RE in the city of Detroit MI (and my first experie...
Ken Latchers
Others stealing your deal
One of the many gurus who regularly emails me, is offering "deal protection insurance" for a price. In other words, magic words to insert into your deal offers/contracts, so someone else does not up your accepted off...