My wife and I have been looking into buying a new construction home with the idea of renting it out...paying down the mortgage with the rent and using the rental income or sell the home in 25-30 years as part of our r...
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Hey guys, im not licensed and I don't want to get licensed. Instead, i’ll be working with a realtor to represent me as the seller. How would i pay the commission? would it be a months rent once he lists it and then 3...
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I am going to make some cash offers on some houses to flip so i need to try to save money anyway i can. But i am wondering if i need a realestate agent or not. How much % of the buy does realestate agents get in NJ fr...
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Hello to all! I'm new to the forum and am loving it thus far. Kind of a generic title to the post. However, I am interested to hear what the veterans/other newbies would do with my situation. I'm going to be coming ou...
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We are considering cashing in an IRA account to have funds to make our first purchase. We thought we would throw this thought out to BP to see what thoughts the experienced might have...
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Can anyone tell me a good place to find the proper vendor to set us up with pulling credit ourselves?Currently I use a third party service where the applicant goes online with their own PC after they get home. I have ...
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I'm familiar with the concept of exchanging a property for one of greater value to delay taxes. But, how exactly does the process work? And who is involved in the exchange?
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I’ve set up my own LLC before in Missouri. It takes less than 30 minutes and costs around $55. I once paid a princely amount to attorney to do that for me and it took 3 weeks. I learned my lesson. So...But what about ...
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I have been reading through the forums and there has been some truly invaluable advice / moments therein. Thank you for your insight. I am now doing some legwork towards developing a property in rural Hawaii and I'm l...
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I am looking at a 8 unit property that used to be a motel. It is now all residential units. The gross rents are 51k. List price is 389k.I know that price is way to high but the reason is that the property hasn't had a...