Jeremy Dial
Locating an actual owner
So I discovered a property while driving for dollars that appears to have potential. I ran the address on deal machine and found the owner's name. I confirmed this with the county tax office. The problem is that the o...
Dylan Brown
House Hacking with a Business?
I'm looking at purchasing a two-unit property with a basement through my LLC. I'm wondering if it's possible to purchase the property through my LLC and "house hack" it by using it as my primary residence or my busine...
Emerald McGinnis
FSBO Owner Finance Contract Question
I am in the process of negotiating to buy an owner financed property. Any advice on how to draft the contract? Should I enlist the help of an attorney? I have some experience drafting contracts but have never drafted...
Bill B.
What To Do With Closed Files?
Hi!I am very close to closing my third NPN note file.So far, all have been profitable. (Thanks to God, my mentors, and BP!!)The immediate question I have is, what do I do with closed files? I'm planning to keep them...
Andreas S.
Rental License / Land Use Question
Hi all,I am looking to invest in Philly and have a couple questions about the rental license and zoning. The property I'm looking at is a triplex but the zoning is RSA5 and land use is Y50 Mix Ofc/Store, Apt. There mi...
Aron Trav
Mechanical line because I don’t want title insurance
As a cash buyer, I am skipping title insurance.The title company says I will get a mechanical lien just because I do not want title insurance. Is this correct? How can I remove it?
Scott Garrels
Help me analyze this deal - is it any good?
View report
*This link comes directly from our calculators, based on information input by the member who posted.
Brian Doebler
Unique legal issue on sale at auction.
Just bought 10 acres at auction. The "seller" was the POA for the owner. The seller was the wife of the owner of the property. The owner has dementia. Originally this couple went through a divorce and the property was...
Brett Smith
Capital Gains Tax on House Owned Less Than Two Years
Bought a house (our first) we’re not happy with and plan to sell before 2 years of ownership. The market is hot so we might make a profit.
How do I calculate the actual capital gains profit?
When I calculate taxes...
Corey Young
Partnership Contracts and Operating Agreemens
Hello,
I'm in Austin, TX and contemplating a flip partnership. My potential partners own the property upon which we intend to tear down and rebuild. I'm seeking some sample partnership agreements and/or opera...