Brock W.
This Squatter is a DOOZY. Check this out.
Hello All-So I recently purchased a condo (2/2 1k sq ft ground floor apartment) at foreclosure auction here in Wilmington NC. It was quite inexpensive so I feel good about that, BUT I have two concerns and would lo...
Mark McGrath
Hey BP - from Vancouver, BC!
Hey BP!My name is Mark and I'm new to BP. I'm a Financial Planner from Vancouver, BC, and so while I'm new to the real estate game, I have a solid understanding of investments and finance. Looking to build out a long-...
Miles Stanley
Forming an LLC (or other entity) befire first deal...
I know there is a long debate on this topic as to forming an LLC at the very beginning or after getting the ball rolling and waiting till a few properties in (I'm interested in buy and hold btw).I know the formation o...
Kerry Baird
Had to cancel today's guest: water break in foundation slab
Today I went to my vacation rental to finish up laundry for a turn. When I went to the faucet to turn on the water, there was no water. I went back to the recently-started washing machine. Also, no water. Immediat...
Carolyn L.
Selling shares of LLP to reinvest - tax strategies needed
We own shares in a private real estate LLP, with an opportunity to sell these units and reinvest the cash proceeds to purchase our own cash flowing rental properties. The per unit basis is $3,100; the new 2015 value ...
RJ Dixon
Escrow dispute with Financial contingency
Hello BP! So I have a dispute with a seller trying to hold on to my earnest money. The money is only 5k but still. We had in place a financial contingency and Both lenders denied the funding for that property. I was t...
Jason Merchey
6-7% Return Wanted on a Rock-Solid Investment Vehicle
What do folks suggest for a profit-making idea that is in the "very, very safe" category, but returns as high as 6-5%, no fees. I have a broker who can get me into REITs, but that tends to be 6.5% minus 1.0% in manage...
Gregory D Coburn
How much cash do you leave behind?
I have a property under contract and a bank lined up to give me up to 85% of the appraised value. I anticipate a good appraisal based on comps in the area, so i would be in a position where i could get back all the m...
Robert Campbell
What is this tank? Buy this property at auction?
Hello All:I am looking at this property at auction and I like many things about it and can work with it, but this is my one red flag - this tank set back about 25 feet from the house. What is it, oil? The walls are ...
Barak Maimon
Unusual Starting Point - Looking for Advice
Hello, I have an unusual starting point, and I could really use some good advice. I'm 23 years old, moved to Los Angeles, California, 3 months ago. Originally from Israel, my father is an experienced real estate inves...