Leslie Jerue
Question about owner occupied 4-plex and owner paying rent
Hello All,I'm still learning the 4plex game but recently purchased a 4plex in Alaska back in March 2016 and moved into my unit in May 2016. There were already existing tenants and I had to give one the boot to move i...
Freeman Schultz
Does an owner pay rent in an owner occupied building?
For an owner occupied building, do owners pay rent to themselves or do they waive it? Are there any tax benefits or liabilities of doing either? Is it easier for an owner to pay rent to themselves in terms of account...
Chris Martin
Brokerage "owner" vs. "owner/operator" for a new business model
Unlike fast food franchises, I'm not seeing where real estate brokerage franchises are set up as "owner" franchises. It seems like 99% (or more) of real estate brokerages are "owner/operator" set-ups. The "owner" i...
John Baughman
Help Owner sell as Owner Financed,buy note at discount?
BP Crew,
This is my first question into the forum, so be gentle.
I have a seller who is trying to sell her free and clear building for $36k. So far, everyone had been offering "Contract for Deed" which in Illinois i...
Bret Gillespie
Best Places to be Owner or Owner/Occupants in Savannah, GA?
Hi Everyone,I am a 25 year old, soon to be Doctor of Physical Therapy, and applying heavily to outpatient clinics in the Savannah, GA and surrounding areas and looking for a great spot (safe, homey, and reasonable) to...
N/A N/A
Financing for 1-4 units owner or non owner occupied property
Contact me if you are looking for financing.
refi or purchase
1-4 units
John Clark
Looking to Owner Finance and Partner With Owners on a Flip?
I've found a property that is owned by a couple of flippers. From what I can find in the records, they bought the house almost a year ago for $44k and it has been sitting vacant for longer than that. ARV from what I...
William Hochstedler
Owner Occupant vs. Non-Owner Occupant Property Taxes on Residential Property
My in-laws inherited a property in West Virginia. In a soft market they decided to rent it instead of selling. When the taxman found out that it was a rental the property taxes almost doubled.What is the political c...
John Hammond
Sold a property and owner financed. Is new owner under insured?
We just closed last week. There was a section in the mortgage that states that the owner will have a policy that covers the "full insurable value" and a lot of other legal jargon. The gist of the paragraph is that h...
Jimmy Samai
Finding the new owner of a property with a deceased owner
Good morning,there's a property in my neighborhood that I am interested in purchasing. The previous owner is deceased, but I am trying to locate the next living relatives & I have tried different options. Any advi...