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My father purchased a note about a year ago. We just got notice from our servicer that we are out of compliance. I will try and explain the situation.1) It was a land contract that was originated in 20112) There is la...
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Hard to believe this is actually the first time I've started a forum on BP! Because I greatly value the knowledge and opinions of many of you whom I've already met in this community, I'm asking for your quick opinion ...
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Hi All,Apologies if this topic has been discussed before, but I can't seem to find such threads when I do a search. I am a newbie investor looking at buying my first multi-family properties (meeting with lenders, brok...
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Ok, so I'm currently bidding for a home on hubzu and they sent me an email asking if I will have an agent represent me. Is this required? Would it be a good idea? Would it significantly cut into my profit margin?
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I have a house under contract that was never completed. Was started in 04 and looks like the last inspection was 08 or 09. Never got it's finals. Permitting dept said that they may have to repermit everything all over...
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Hello,I'm listing my smoky mountains cabin in Airbnb & Homeaway. So far it seems Airbnb is generating more bookings but it could be because my calendar is not open until November. I created the listing at Booking....
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Looking to do my first flip in the next couple months! Would like some tips.Where do I find deals?How do I structure the deals?Does cost of materials come from loan?I have been doing remodeling for years and plan on d...
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My cousin & his father are trying to sell there Multi-Family Property and it has a sewer/water liens on it and i wanted to put it under contract. But was wondering if this is something i should go after? Who would...
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A friend of mine is looking into doing a 1031 exchange on some property; however, he's getting some conflicting info on one aspect of it so I thought I'd ask the experts here.
Here's the situation:
He is selling som...
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@Abhishesh Acharya and I have presented some, mostly non-googleable, high-level overview of some tax strategies. I understand this might be very technical for some of us. If these apply to you, please research more, ...