Jered Sturm
Tricky Tax question on sale of primary residence.
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
Andrew Steinhaus
Terminating Property Manager Mid-Contract
Hello all, Long-ish post- reader beware:Currently having many issues with a PM that is bringing me close to firing them after only three months of the contract and looking for advice. Background: Hired PM in October, ...
Joe Henderson
Help with owner and encumbrance report
Found a house coming up for auction soon and purchased Next Ace report. I was hoping someone would help explain how to understand the mortgages and liens section. The auction (Dekalb County Georgia) states the 'main' ...
Davit Gharibyan
Asking Questions To Syndicators
Hi guys, I need your advise/suggestions.When and if you'd invest in syndicators deal what questions would you ask to learn more about the process and vet the syndication. Let's say I am clueless about the whole thing ...
Paul Fagot
Fear with Contracts and title company
Hello BP,
I'm new to wholesaling and the only thing that I'm having trouble with is the contracts and taking it to the title company and finishing up a deal. I can find properties easy and at good prices but I think...
Travis D.
Richard Roop Ponzi
Good Afternoon,I'm looking to see if anyone can provide any help or direction. I just learned today Richard Roop and his company were shut down by the State of Colorado last year for alleged Ponzi scheme and securiti...
Michael Lamb
Setting Up LLC
I am just starting out. I don’t own an investment properties yet. Every time I listen to BP and they are talking about having your LLC set up properly, come tax time, I never know what they are truly talking about. I’...
Scott Fain
Does the law require me to have a note servicing company?
I'm in the process of purchasing a note in Michigan and the seller of the note says that I'm required to have a note servicing company in order for us to complete the transaction.I'm looking to service the note myself...
James Wise
Clayton Morris is suing James Wise
It seems that Clayton Morris is willing to do anything he can to suppress the voices of those investors who claim to have lost money investing with his company Morris Invest. After loosing his copyright claim with You...
Kelly G.
Under HUD contract; can I revise bid/offer based on inspection?
Greetings;So . . my offer on a HUD house was accepted; used the 89% rule - Thanks. But just read the "successful HUD bidding strategies" and there's sooo much I didn't know. Using a 'not-so-HUD-experienced" broker (...