Hello Fellow InvestorsI am considering investing in a buy and hold with a friend. The details are below, please let me know if there are any legal or financial issues that I am missing.1. My friend is buying a SFH wit...
Over the last few weeks I have noticed a number of out of state investors reaching out for assistance in conducting due diligence on properties that are either close to being under contract, or already in contract. Wh...
Hey guys - just join the forum, been snooping around for the past few months. Loving all the of the great information on the site! I currently live in Birmingham, AL and am looking to start with rental properties - it...
Greetings BP family,I hope I’m asking this question in the right forums, if not please don’t hesitate to let me know.So the situation is that a friend of mine was breaking her lease to travel overseas on military/cont...
Hi,are you able to sell a property on a land contract if there is an existing lien on the property? I heard "yes" so long as the current lender provides approval in writing. However, is the same possibly true of a H...
Hi – looking for some advice on getting an off-market house officially under contract. The back story is there is a property we want that has essentially been abandoned by the owners for many years. We wrote them a ...
I just started researching the Smoky Mountain area after reading the STR Long term Wealth book and listening to the BP podcast. It seems like a phenomenal market for short term rentals. For those who currently own and...
My market is Utah, but I'm also interested in long distance properties if the numbers work. I understand that setting up an entity is very important to reduce liability and for potential tax benefits. When is the id...
Hello,
I have a potential deal where the owner is open to a lease option or allowing me to purchase the property subject to the existing financing. We are both concerned about triggering the due on sale clau...
Have a question regarding the effective date of the contract. For instance, lets say I wrote up a contract yesterday, Thursday July 19th 2012.
The last party to sign the contract is today, Friday July 20th 2012. Tha...