Hello BP,I've got a strange question to ask before seeking legal advice and wanted the community's opinions.I have a tenant who runs a liquor store. They tell me they want to retire and are selling the biz. I suspect ...
Hi everyone,I am new to RE and I am looking at doing my first deal. I am looking at purchasing a SFR that has a one bedroom apartment in the basement that I can buy for 60k. It needs about 30k of rehab and the ARV com...
Best softwares for price estimating a flip?
So, very quickly this morning, I wanted to write a post outlining exactly what you, as a newbie, need to do to succeed in real estate.It's relatively simple, but we as humans like to make things complex.Ready?Buy a ho...
Hello everyone! I am writing this post to get connected with people in Nashville. For a little background: I was getting started when I turned 18 with meeting investors and trying to wholesale before discouragement to...
Has anybody else seen this article?http://www.wsj.com/articles/real-estate-industry-b...The general point is that while Trump's tax plan is silent on the subject, the GOP tax plan that has been gaining steam proposes ...
Hello all, I have a potential deal where the cost for the property is the property taxes owed. The owner told me that the city will take possession of the property in Jan 2020 if taxes are not paid. This is my first d...
I am working with a homeowner who is in foreclosure and wants to sell me his house. He reads and writes English but his wife reads and writes only Chinese. I use a one page equity purchase contract for these deals. ...
I am currently looking into buying a rental property. However I will pursue the deal that makes the most sense and wanted to confirm I am on the right track in regards to my understanding of tax write offs. I plan on ...
Hello all, I just recently closed on a duplex in MINNEAPOLIS and the previous landlord was to complete some work before close. When the inspector came to the house they landlord was working on the property and the in...