Jennifer Turner
How to modify terms of a seller-financed mortgage?
13 January 2025 | 8 replies
.: Quote from @Jennifer Turner: Has anyone ever sold a property with seller financing then later extended the repayment period or modified the terms of the loan with the buyers?
Buddy Herbruck
Wholesaling Land DD Period
30 December 2024 | 1 reply
When wholesaling vacant residential land (city lots or larger residential parcel in rural areas) how long is the due diligence period?
Aaron Robertson
SB 721 Deadline Extended: What California Property Owners Need to Know
27 December 2024 | 2 replies
This safety measure aims to prevent structural failures and ensure tenant safety.Originally, the first inspections were due by January 1, 2025, but a recent update—AB 2579—has extended the deadline to January 1, 2026.
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
So if I understand this correctly, by qualifying to extend the 5 year rule to 10 yrs, $250k if single or $500k if married of proceeds from this sale would be exempt from capital gains?
Samuel Gebretnsae
Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
The seller responded that since the issue was repaired and he believes there is no ongoing problem, he did not think it needed to be disclosed.When I asked him to extend the inspection period so I could follow up with the repair company and conduct my own inspection, he declined.I disagree with this interpretation.
Daniel Hartz
Trying to refi out of a bridge loan on a SFR with tenant
15 January 2025 | 10 replies
If your current lender is open to restructuring, you could negotiate better terms (lower rate or extended term).
Jonathan Baptiste
How to stock your airbnb best practices
15 January 2025 | 15 replies
The only issue I've had is a small period where the laundry pods would always be empty at turnover.
John McKee
Looking back on 2024
3 January 2025 | 7 replies
Although I’ve been investing in real estate, both directly and indirectly for 45+ years, I still get a “queasy” feeling when an investment does not perform as expected.My “aha” moment occurs when we reach the point when, despite the investment problems, we’re able to still show a good/substantial profit at the end of our holding period.
John McKee
Don't forget to file your BOI Reports by the end of the year
27 December 2024 | 6 replies
However, because the Department of the Treasury recognizes that reporting companies may need additional time to comply given the period when the preliminary injunction had been in effect, we have extended the reporting deadline as follows:Reporting companies that were created or registered prior to January 1, 2024 have until January 13, 2025 to file their initial beneficial ownership information reports with FinCEN.
Devin James
Do you prioritize equity growth or cash flow in your investments?
5 January 2025 | 18 replies
During period of low interest every post on BP was about cash flow - now that cash flow upon acquisition is dead the only option is equity which is also reeling because price appreciation is finally back to realitypersonally I buy for growth because I buy to hold for 10-20 years or longer.