Bret N.
Security Agreements for buying notes with funds borrowed from someone's IRA
This is my first go at borrowing funds from a lenders IRA to buy 2nd NP notes and for some reason the concept of using a note as collateral for a prom note is confusing me. I am sure I am over analyzing this.I am the...
Alicia Kennedy
Thoughts on this deal?
This would be my first investment property. I was able to locate a 3 bedroom 2.5 bath townhome for sale via owner finance. Price 155kDown payment 10k plus 2k closingRate 8% Balance due in 5 years as a balloonPayment i...
Kelvin McNeil Jr
Meeting with Hard Money lender (Questions to ask)
Hi BP, I currently have a meeting scheduled with a Hard Money Lender that specializes in fix & flips. I have a list of their required items but what are some questions I should be asking them to ensure they are th...
Mike F.
non-renewal evictions or let go to month to month
Hi Guys,We have a tenant who's been renting for about 3 years, currently on a 2 year lease that is coming to an end shortly. This tenant when good, is good, but when bad is really bad. Has been late on rent numerous t...
Jonathan Tew
Owner Finance leasing
I have someone that is willing to do a owner finance with me but I'm looking to rent the property out. I also have a tenant in place for the property and they are willing to sign a two year lease on the property. Th...
Account Closed
Destin Condo Buy and Hold / STR
Investment Info:
Condo buy & hold investment.
Purchase price: $266,000
Cash invested: $9,400
Sale price: $450,000
This was my first real estate purchase, nearly a year after graduating colleg...
Michael McKay
Anyone used Calligraphr for handwritten fonts?
I stumbled across www.calligraphr.com when researching how to convert my own handwriting into fonts. It looks promising, especially the character randomization, which allows you to upload 15 variations of each letter,...
Jesse Burns
Division of Assets During a Divorce
Hello, I have 6 rental properties under an LLC that is equally owned by me and my soon to be ex wife. We are going through a contentious divorce and I would like to buy her out, but apparently thats not very easy.If w...
Ron Brady
Capital gains tax on LLC-owned inherited properties?
My wife and I understand that we could give our home to an adult child when we pass away and that our adult child would pay no capital gains taxes on it.
But, we have multiple rental properties owned by our LLC and w...
James R.
Vrbo Police !!!! Beware !!!!
I just received this message from VRBO. To be clear, the potential guest involved wanted to walk through the rental prior to booking it. She did so and left a note with the person who showed her the house. Once I r...