Chad Griffin
Selling house to family with no credit
My wife and I are selling our home that we still owe about 72k on. A family came to us and want to buy it for 100k, and want to put 50k down, and pay the rest over 3-5 years. They don't have any credit and say they wa...
Kyle Stueve
Structuring a deal on mixed use RV/Mobile/SFH/Storage property
Hey BP community! I ran across an interesting deal and wondering how to proceed?About the property: Mixed use property with a SFH, 5 RV spaces, 3 storage units and a larger separate garage. Everything is currently ren...
Michael Conte
What Private Money Lending Documents are NEEDED
I have purchased my first BRRRR property with private money provided by my mom. I am not sure which documents are needed in order for her to only be taxed on the interest she receives and not the principal payback. I ...
Joe Rest
Total recapture depreciation when selling an house
I am trying to figure it out how to identify the total recaptured depreciation to report for tax purpose as result of the sale of rental property. The first realization is that this is a TOTAL recapture depreciation ...
Ryan Kawash
Anyone a super host on Airbnb?
I meet the requirements to become a super host as a host for Airbnb and was just wondering does it really change a lot as far as revenue? The only reason I ask this is because I plan on automating my Airbnb business ...
Teppei Kuwamoto
How to acquire cash for Sheriff Sale
Hello,
I have a general question regarding how to acquire cash for Sheriff Sale without paying out-of-pocket money.
NOTE: 10% on the auction day and the rest will be needed to be paid full within 10 days in Wisconsi...
Luke Boff
Purchasing with cash to immediately sell
Good day everyone. I wanted to post this situation and get some other investors opinion. I am currently a real estate agent working with a client of mine to purchase a property. She is pre approved but does not have a...
Andrew P.
Tenant Left Apartment without paying all her rent
Hey everybody,
I had a tenant who I had to let vacate her lease early because of the inability to pay. I found someone to cover the last month of her lease but she was still short one month's rent. This occured last ...
Austin Cook
Second SFH Investment needing advice on Down Payment
Good morning,My parents want to buy a home for my aunt to live in for the rest of her days. They asked me if I was interested in adding this home to my rental portfolio. I said yes. The house will be in my name and...
Doug Leedy
Where to reach Realtors?
I want to reach Realtors regarding the importance of investing in the industry in which they make their living. Where are the best venues in which to do this? Other than BP, of course.