Rehaan Khan
Thoughts on finding great attorneys for creative deals?
Hi,I’ve been around attorneys for a while & I even studied criminology & law in college. Most of them think practically because the law is the law. Finding those who think creatively is not so easy. I’ve start...
Steve Kontos
Real Estate Investing 101
Hello BP community,Just a little food for thought…as someone who has been actively involved in the real estate investing part of the business. Over the years I have seen various people come and go in our business. I h...
Lilly Fang
For flip, should I have an LLC or just as an individual? What about BRRR?
1, I just did a flip with a partner. He has an LLC, but I am an individual. The profit will be taxed at my personal tax rate.What's the benefit of having an LLC to do flip? What I think is that the mileage and meals w...
Michael Morrongiello
Any Easy way to Get ESCROW Impound Funds BACK - when SUBJECT 2 Loan is paid off ???
BACKGROUND: Bought a property SUBJECT 2 an existing 1st lien (lets say serviced by Shellpoint) years ago. Loan is NOT in our name but in the name of the original borrowers. This account includes ESCROW IMPOUNDS being...
Nate Dallin
Portfolio Loans for investors with more than 4 fannie properties
I, like of few of the other posters I have read, am running into the 4 loan limit. I currently have 7 loans and my wife has 4 loans. I have read quite a few posts about how you can get a portfolio commercial loan to...
Tatiana Vinas
Using big box store installation vs finding your own contractor
I have used the installation teams from big box stores such as Lowe's and Home Depot for some projects for example, flooring, siding, and windows. I have used this route a few times in my remodels because I'm pretty ...
Jon Holdman
Puerto Rico Apartments
What are folks thinking about Puerto Rico these days? Yeah, I know they're into it with hedge funds over government and utility company debt. Is this an opportunity? What is lending like there? Is this area tenant ...
Wayne Brooks
1031 Exchange question-condo conversion
@Bill Exeter @Steven Hamilton II, other experts....I think I know the answer, but want to verify. Apparently his current CPA thinks Yes to # 1).Owner has owned 5 plex for 30 years. He thinks he can convert to condos...
Bob Malecki
Should my Contract For Deed include a promissory note?
I'm selling a property in S. Carolina via Contract For Deed (CFD). I have a good contract to use but one of my peers say that I should also have the buyer sign a promissory note as well. This makes sense to me, does a...
Evan Pearce
Journey to my first Brrrr ( GTA ) Canada
Ladies and gentlemen of the GTA. I have recently been spending my time actively studying the brrrr model. I would say I'm in phase zero of the process, as I have been busy taking in information and not applying the me...