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19 September 2018 | 23 replies
I have taken and Airplane a Mercedes and a Boat few other odd items as trade for real estate .. with the airplane being the best one.. but its hard to get them to do that because most that want cash and all I had to trade was vacant building parcels.. so with cash flow that might be different but they would have to come up with cash to settle your mortgage or put a loan on it to take your mortgage out.. you don't want to sell sub too in that instance as its fraught with seller risk and it will impinged your ability to get new financing..
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31 August 2018 | 7 replies
You can forget about maintain the home if you rent including the possible capital expense items that may happen before you raise your reserve account used to save part of your rental fees plus you will eleminate travel expenses to keep up with its maintenance and possible capital expense repairs.
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31 August 2018 | 3 replies
IF that happens after 2019 starts, I can see how I'd run the accounting pretty easily - 2018 as a personal rental and 2019 as a conversion and sale.
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10 November 2018 | 28 replies
I would recommend you have an honest conversation with the first partner and remind him that you had always talked about other partners involved in the deal.
16 September 2018 | 8 replies
The lease includes an itemized list of utilities including Water/Sewage, PG&E and Wifi.
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7 September 2018 | 5 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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6 September 2018 | 6 replies
I will go ahead and PM you guys - I'm going to be heading out to Cleveland in a few weeks and want to get some conversations going.Thank you in advance!
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30 August 2018 | 3 replies
An attempt to notify the former tenant, storage of their items (with cost to the former tenant if applicable), is standard law wherever I've lived.
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6 September 2018 | 48 replies
Be nice, document all in writing, avoid phone calls or if you do talk make sure you record all the conversations- download ACR for your phone- save recordings, always prepare for court...I have some good vendors in Austin.
30 August 2018 | 1 reply
I did a complete conversion of a barn garage to full chalet for a lawyer about 15 years ago and prices were already escalating then.