Hello Everyone,My wife and I have recently purchased a SFR property in the Waldo area of Kansas City from a bankruptcy auction. The property had been a rental before we purchased it and the current tenants are six mon...
I wanted to get some advice/feedback regarding how private lenders handle the tax consequences of the income they receive from their loans. Is your Income taxed the same as your income from whatever tax bracket you fa...
Hey guy, first post here! I seem to have exhausted the people I can get get ahold of to ask this question to, and get a helpful answer from, so I figured I'd give it a shot on here. Basically, I stumbled across a vaca...
I purchased a 3 family property at sheriff's auction and the property is occupied by the owners and possibly by tenants as well. I am looking for best way to approach the owner so they can voluntarily leave/move and c...
Hi everyone,First, thank you to everyone for making this forum such a useful resource. This is my first post, but I was using BP for a while and learned a lot from all of you. About myself. I am starting my business o...
I’m a 32 year old associate real estate broker, and I work for a small broker here in town who is 69, and getting close to retirement. I know that before too long, he is going to at least want to slow down, so I am t...
Hello again ... I have a buyer wanting to buy without a lender. I read from another article from Bill Bronchick about a creative technique that I intend to use ... so I'm planning on getting a property subject to and...
I’m looking to build a custom home in the Bay Area. I have an amazing lot identified that I was ready to pull the trigger on. Unfortunately during my due diligence phase, I learned the maximum square footage allowed o...
I met someone at a local real estate group meeting who has two houses that she financed through hard money loans thinking she could refi them immediately, but that was in the days of looser credit. She has more than 4...
In the summer of 2019 a partner and I will be investing into and fully managing a family RE business that has been in operation for about 20 years. Some facts about the business are below: Equity: $2.1M in 19 Single ...