Thomas Watson
1st Position Foreclosure
What happens when you own a first position note that has an unpaid balance of 9K and there is a 2nd position for 40k and 3rd for 80K? Is the 1st position considered the senior lien if you file foreclosure? The home is...
Tommy Benson
Question for veteran wholesalers
How does taxes work for wholesale income? Specifically is it considered capital gains even though you get an assignment fee?
Stephen Stokes
Subject-To Closings Location
For anyone out there doing subject-to deals in Austin, are you doing closings at a title company, your lawyer, seller kitchen table or some other option?
Zachary Thompson
Is gross profit or net profit considered for taxes?
I'll be as short and to the point as possible. I'm purchasing a property subject to the existing mortgage. To do so I'm using a business line of credit to pay for everything from start to finish. For sake of simplicit...
Belinda R.
Piercing the corporate veil
I just formed an LLC and opened a business checking account. When flipping houses I use my Home Depot credit card to make purchases for supplies, appliances etc and pay off once I sell. My question is since this Home ...
Kishore P.
Notes Blog Post in BP
Hello BP Enthusiasts: For the benefit of other Notes Investors like me who want to learn about Notes here is a list of Notes related Blog posted here in BP. The list is dated, 04/13/2017, which may get outdated if new...
Kaiden Foster
How to find STR Hosts in Anchorage who want professional management?
Hi Alaska short-term rental hosts!Those of you who know me probably know that I've been working on this for a while now. I'm finally at the point of taking on more short-term rental properties in a hosting/management ...
Joe Martella
Nick Sidoti - "DR. Cashflow"
Hello all,
Nick Sidoti gave a presentation yesterday to my local REIA. He calls himself DR. Cashflow. He basically hangs his hat on the fact that he is the national guru on special needs housing. The local governm...
Jodi-Ann Birch
Subject To assistance needed
Good day,
I am relatively new to REI and I have a potential subject to deal I am looking at in Cleveland Suburbs and could use some help. The loan payoff is $47,000.00 with 14k past due. The rental potential and are...
Elijah Kajar
Seeking Subject To Deal in Sacramento
Hello, I am looking to network with someone familiar with doing a "subject to" deal. Please contact if you have experience or any 'subject to' leads or an attorney in Sacramento who can handle the paperwork for this ...