John Dersoe
Generate Income or Pay Down Debt?
I have bounced quite a few questions off this forum and thought I had a plan. Then, I spoke to my lawyer and accountant and the plan might be out the window. I relocated from NY to Tampa, sold the house in NY and want...
Mackal Smith
Cosigned on my Daughter's Student Loans - A Creative Way to Pay?
Rather than bore you all with the details, just suffice to say that I cosigned student loans (both government and private) for my daughter's college. Of course as a cosigner, these show up on my credit as loans as wel...
Ki Lee
How to structure banking with a partner for TIC
My partner and I bought an apartment complex in Ohio as TIC. We each have our OH LLC that took title as 50/50 TIC.Now we are trying to figure out how to properly structure banking and money flow. We are 50/50 TIC, b...
Paulette Midgette
A Contractor I Would Not Recommend
As RE developers we all know how important it is to hire good, reliable residential contractors. Because we are dependant, for the most part, on word of mouth recommendations it is vital that our recommendations are ...
Dominick Miller
dealing with a realtor
best ways to get a house under contract from a realtor with no proof of funds
Leah Hill
Note holder not allowing sellers to sell
Hey all!Happy Saturday! We are under contract on an investment property with a closing in two weeks. However, we were informed today that our closing has to be pushed off to a far-off future date (rate will no longer ...
Taylor Philley
Do you take a commission when your broker AND buyer??
I am a Broker in Texas and when I purchase residential or small multifamily (1-4) homes for myself, I write in the contract that I receive the 3% listed buyer's agent commission (in one form or another).
I'm about t...
Vernon Henry
Want to cancel acceptance of offer
I am a seller who last night faxed my acceptance of an offer which involved my carrying the loan for 3 years. I've had second thoughts and now want to back out.Can I still do so without any penalty(like the broker wan...
Taylor Rider
Should I get an LLC?
Hello BP,If I am considering renting my house out and moving into another home. Should I get an LLC? Whats your thoughts on why or why not? If not now then when should I? It would be the first rent home in my portfol...
Bob Ster
Tried to be an Excellent Tenant
I'm actually a tenant with high rent in a great neighborhood. For a year I've tried to get the owner to take action on various repairs by texting and email rather than sending certified mail to put them on notice per ...