Hello BP,I am trying to buy my first property. I have found a beautiful duplex in a great spot!... However, the house is fsbo, and the process i am going to through to get this house is a pain. I believe I am having s...
The messaging function on BP is a fantastic way to generate conversations on the BP forums, especially when you are asking questions of other users or answering questions other users have posted. Most users have thei...
What has your experience been with SIMS version 1 and version 2 been?
Hi All,I signed a promissory note secured by a single family home that a real estate investor intended to flip. The real estate investor has advertised on this site, and continues to advertise joint ventures and priva...
For those who care, the city council in Westminster -- just northwest of Denver -- is starting the process of regulating short-term rentals. Airbnb is currently illegal in the city. (Or technically, the city's ordinan...
(This is not a due on sale clause question.) It's common practice to deed a property out of then back to an LLC during a refinance process in order to get better loan conditions. I'm considering this, but nervous abou...
I have a question regarding LLC partnership buyout tax implication. I'm making a simple LLC scenario for easy discussion.The LLC has three partners A B C. LLC did real estate development project: it bought a land and...
I purchased my first tax sale certificate and would like to know if it’s 100% necessary to use an attorney to foreclose on the property? I’ve done my research and honestly feel I can handle the process on my own. What...
There is a exemption I read to the FHA 90 day house flipping rule:- Presidentially declared disaster areaThe United States as a whole is currently a declared disaster area? Does that mean the 90 days doesn’t apply cu...