John Volpe
Pennsylvania - accept or reject leases in an acquisition?
14 March 2017 | 5 replies
I bought a triplex in January and while the seller DID have security & last months, he sure as heck didnt disclose the eviction proceeding against one tenant last November.
Account Closed
Investor wants tenants out before proceeding with Wholesale deal
14 March 2017 | 8 replies
This is a hypothetical scenario, but I was curious if any other wholesalers in Washington have been asked to have tenants out before proceeding with the deal.
Lee Haskins
Dealing with Sellers Property Liens.
14 March 2017 | 3 replies
The Abstract came in today and I obviously cant proceed at this point in time.
Ryan Ahlgrim
Do you allow rental applicants to self show your properties?
28 December 2019 | 45 replies
It's completely time-consuming and kills my productivity throughout the day.
Julian Perez
New memeber to Bigger Pockets
18 March 2017 | 14 replies
@Thomas Franklin Thank you VERY much for all your informative insight in how best to proceed with flipping homes.
Trevor Harris
New Real Estate Investor
15 March 2017 | 1 reply
Hand address and stamp every envelope, time consuming for sure but your OPEN RATE is much higher.
Russell Brazil
What Is The Weirdest Local Custom or Law Regarding Real Estate?
15 March 2017 | 5 replies
That makes for some very interesting scenarios in places like TX, OH, PN and ND where cold oil rich farmers can trade sell their interests and use the proceeds to buy a snow free condo on Miami Beach.Likewise, mobile homes when driving down the road with a license plate are personal property.
Holli Harrison
Lease options vs seller financing...pros and cons of each
16 March 2017 | 4 replies
“Our legislation would not only strengthen disclosure requirements and protections for homebuyers, but also help expose bad actors and facilitate their prosecution.”John Henneberger, co-director of the Texas Low Income Housing Information Service said: “These bills will help consumers be more informed about risky wrap-around mortgages and better protected from unscrupulous lenders.”Trish McAllister, executive director of the Texas Access to Justice Commission, added that the legislation will help families stay in their homes.
Craig Lessler
Using Capital Losses to offset Depreciation Recapture & 1031
20 March 2017 | 2 replies
If I can use the capital loss carry forward, then I can possibly afford to pay all cash for the replacement property by using the net cash proceeds from the sale and adding another $250K of cash.
Charlie Gruber
Real World 1031 exchange numbers
22 March 2017 | 6 replies
If you want to take out just a $100k loan and finance the other $200k with cash, you can do that, too.What you can't do is use your cash profit for a new property and use the remaining proceeds from the sale to pay off your mortgage - you can't sell a $300k property (with $170k of debt) and exchange it for a $110k property with zero debt.