Carter Owen
First time with investment property! Saw opportunity and jumped
Investment Info:
Single-family residence buy & hold investment in Charlotte.
Purchase price: $40,000
Cash invested: $1,500
Got opportunity to purchase family property well below market value. In ...
David Campbell
My first deal with a partner and I have questions!
Good Evening fellow BPers! Quick question:I am getting ready to purchase a MFH (4 unit) in my local area. I am probably going to make it a joint venture with another individual (my first time doing this), who will pro...
Theresa W.
Ready to buy second investment - how to set myself up for future purchases?
Hi BP,
I've been searching forums but not sure who to ask about my situation. I'm a buy and hold kind of gal, with a goal of $5,000/mo net rental income. I'm about to buy a second investment sfr, but want t...
Danielle C.
Need quick assessment of Short Sale deal
Hello,
I am newer to wholesaling and haven't completed any deals yet. I accidentally have come across a deal that *may* be worth pursuing, however I need your advice.
Property is listed at 159k, however the realt...
Kinyada Frazier
Moolah List...Scrupulous Private Money Lenders?
Hello,I posted my deal on Moolah List to find private money lenders. I have been bombarded with alot of offers from so called "Private Money Lenders" one of them imparticular is of Lin Bruce Levy Direct lender of 24 h...
Jason Muenchow
What would you do in this situation?
Hello all. Thanks in advanced for the replies. So here is my situation. My day job is doing social work. My side job is being a realtor. I have a lender I like to work with and is always helpful with my clients. I wen...
Vicki K.
Mail for me going to the rental
Ok, this really bugs me, so I need to ask. Here is the situation... I finance my acquisitions with conventional financing at the moment so the loans are in my name. After closing as you can imagine, all kinds of spam...
Jason Elz
As a new landlord - how do I defend against fake identities?
Say a prospective tenant were to come to me with a fake ID, a made up SSN, and plenty of references and proof of income. When running background checks, what sort of response would come back if the ID or SSN is not va...
Thomas Bryan
Capital gains tax on a four unit that I lived in for 4 years-1031
Hello BP! I have a few questions regarding the sale of my four unit apartment that should be a CPA's dream! I bought the building in 2013 for 74,000 as a three unit that needed work. I since converted it into a four u...
Kim Handelman
To Reverse Mortgage or Not To Reverse Mortgage
Hi Everyone,So this is a real estate question - not for my business but for my family. My mom needs to retire and she can only retire without a mortgage but doesn't have the money to buy outright. She's been told she ...