Leeannjua Stevenson
INHERTIANCE TAXES ON SALE BY BENEFICIARIES?
I inherited a home along with my siblings from my father who passed away. We have never resided in the home, and ended up selling the property. At the time of sale home was free and probate had back personal taxes owe...
Kim Handelman
Four sisters own the property - how to get all 4 to sign when one doesn't live here.
Hi All,My first potential wholesale deal is a condo owned by 4 sisters. My attorney is drawing up a contract tomorrow am and I'm not sure how to get all 4 sisters to sign? Do I fax the one that doesn't live near by an...
Jim Doyle
Purchasing off market via executor of the will - Ran into roadblock.. - Path forward?
I'm looking to purchase an off-market home in my neighborhood and ran into a hurdle that I might not be able to overcome...For context my elderly neighbor who I've been friends with for the last couple of years recent...
Arcinio Arauz
To petition for probate or do an AP
I know this topic comes up often, but just wondering... I found a house, both owners passed away 10 years ago. House has been vacant since. Taxes became delinquent 4 years ago, owners had no children but does have oth...
Jim Douglas
New LLC or existing Corp
I am in the process of buying a peice of commercial real estate with my sister. My last post has the details if you are interested, but here is the short of it. My sister and I are buying a commercial property fro...
George Henry
Property Manager Required AZ?
My sister who is a real estate agent in Arizona told me that I need to have a property manager by law if I own more than one property in Arizona. I don’t quite believe her since I’ve read other people haven’t needed o...
Brady Hauch
Financing Equity from Assumable Mortgage
Hey all,I'm looking into assuming the mortgage on my sisters house and am struggling to figure out how to finance the equity that I would have to come up with to make the deal work. Some details on the deal below:Mort...
Daniel F.
Title -- Suit to Quiet Title
I am hoping someone here may have dealt with this before. I have a property that I have an agreement on from the executor of the estate. However, she is on the title with her two sisters, and the two sisters are nowhe...
Elena Gasol
Creative deal structure/capital gains?
Hi BP community!Looking for some ideas on how to structure a deal. Our potential sellers, who bought their property a little more than a year ago as their primary home, would like to sell quickly for health reasons to...
Jim Lunger
Agent FAIL stories
Hello BP investors! Have you worked with an agent that ended up being effectively useless, or more trouble than they were worth? How about an agent that made an incredible mistake that cost you a deal? Maybe an agent ...