There are so many people and companies out there who claim to be wholesalers and many more newbies who claim to want to start out in wholesaling as a means to get started in the biz.
Let me tell you about a recent ex...
Appetizer (skip to the Meat and Potatoes, if you want to get to the point)I’m requesting specific knowledge on the red tagging process, permits, and inspectors to try to save what was supposed to be a new family busin...
Hi BP -
May or may not be in a debacle here so I wanted to consult the community. I am under contract via an assigned contract through a wholesaler. I just figured out the obscene margin that he is making (which does...
I have searched the forums and blogs on the subject, and it seems to be slightly leaning toward CPA/professional preparation.I have used a professional for the last 10 years and each year, my costs have increased (we ...
Hiya all. Well here's my situation.
I wanted to buy a second rental property after we moved to Hawaii for work and became bankable again. I was planning on using the HELOC money from our first rental as the downpaym...
It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the opti...
Hello everyone,
I've heard that some people will tell their tenants they are the property manager so that when a dispute comes up they can say the "owner" is the "bad guy" and not them. On the other side of the coin,...
Hi all, I think I am in some serious trouble now and really need your guys' input!! About a year ago I got connected to a loan broker here in BP who was posting ads looking for private money to fund local flippers- so...
Hi all. Apologies if this topic is addressed in another part of the forum; I've checked through and couldn't find anything which specifically addressed my question. I am a young investor with no experience when it com...
Hello! First post for long time forum reader. Had a succesful investment with College friend 10 years ago and now we are cashing out and going our separate ways. The property is in Texas and has been handled by the...