Michael Myers
Bookkeeping for Master Lease Option
Hey guys, interesting situation here. We just got some properties under a master lease option. We paid the lease option down payment and are taking over operation. We structured the contract in such that we realize th...
Jonathan Ortiz
I need recommendations to hire someone for a business plan
I need to create a simple, short comprehensive real estate business plan. Any recommendations for a person with experience will be greatly appreciated.
Charles Stewart II
Letter To Exercise Real Estate Purchase Option
Hello BiggerPockets Colleagues,Does anyone have a sample of a "Letter to Exercise Real Estate Purchase Option"?I am making my documents to use for Wholesaling/Assigning Property.Thank you in advance!
Michael G.
Commercial Lease Renewal Option - Commissions - who pays?
We have an office building with a great long term tenant, that is in a below market rates, and we're good with it because they are stable and NNN. Their lease is up for renewal, and contains one Option to renew, whic...
Pete Schmidt
Lease option exception
After reading a lot about the lease option strategies, one thing I have not seen much about is an exception for home owners looking to do one or two of these a year. I understand if your are going to go into the mortg...
Chris L.
1031 and what happens if you buy 5 properties and sell one
Lets say you buy 5 properties using 1031 , when you go to sell do you have to sell them all at once? If not, how are taxes then taken out. Lets say the funds in the 1031 were 500k that I purchased 5 properties with ...
Sean Dean
Explain Lease Option/Owner Financing!!!!!!
Hello BP, I am a wholesaler in the Greensburg Pa area. I was watching a video of Grant Cardone on youtube and had a question. Can someone explain the pros and cons of Lease options and owner financing? Appreciate the ...
Corey Conklin
Trying to buy a house from a family member
I’m needing a little help on how to make a deal I have work out.
Background:
My aunt just inherited a home (free from debt) from my recently deceased grandmother. The house is in decent shape but it needs some cosme...
Bryan Hancock
Where Are The Capital Accumulation Threads/Discussions?
Last week I attended the CCIM 101 training offered in Austin. The course was really much better than I expected for it to be and it brought back memories of grad school and discussions of capital accumulation. It ha...
Ayodeji Kuponiyi
Assigning a Subject-To Contract? Is this Possible??
Hi BP Nation!So I have a house I have under contract for 36 months with the intention to do a Lease Option on. I have a buyer that wants the house for himself however, he wants to do a Sub-To. The house has a mortgage...