Christie Gahan
Help Needed with Squatter Friends
I buy REO duplex. Orig owner says he will fight bank foreclosure. ( Totally too late for that.)Orig owner says he wasn't properly served eviction notice because he was in jail. Therefor, I do not have the right to ...
Edward Noseworthy
Historical Cap Rates
Hello BP!Does anyone know an online source where I can go to look at what Cap Rates were at years ago in different markets? For example I would like to see the Cap rates in a certain sub-market in Dallas from 2010. ...
Ryan Delauz
Converting a 5 family to a 6 family
I am currently purchasing my first multi family property. It consists of a 4 family building and a seperate 2 family building. The 2 family building currently has an illegal 6th unit. All it needs is to finish the kit...
Simeon Hinchman
Coin laundry. Equipment lease for apartment laundry room?
Hey BP community, I am currently finishing renovation on an 18 unit apartment complex in TN. The apartments do not have in unit laundry, but we have added a tenant laundry room to setup 3 coined washer/dryer combo uni...
Andrew Barr
Probates & Estates - Indiana
I have an attorney contact who has started working probates and estate cases and has properties that she's the executor for and needs to sell. 1st - What advice can you give me on the best way to structure the purcha...
Gulliver R.
A fix and flippers preferred entity
Attention Fix n Flippers,
I know you’re not a CPA. Let’s get that out of the way.
But in your experience what is your preferred entity to use for your fix n flips and how do you choose to have them taxed as, and wh...
Sebastian E.
Creating an LLC for closing
I am under contract on SFH in DC and would like to put the property in an LLC. My sales contract has an assignment clause so I can assign it at closing. Does my LLC need to be fully formed in order to close or can wil...
Chris Lockett
I'm in it for the money! How about you?
Hi all !
My name is Chris Lockett and I reside in Las Vegas (to save money on TAXES).
I was google-ing real estate business to generate more contracts for my REO company, and I came across a forum from this site. Aft...
Jose Vazquez
Wholesaling Properties: Assignments or Double Closings in PA
I am a Realtor in PA who also wholesales. When facilitating the transaction I am 100% transparent and I disclose everything. However, I’m having some push back in regard to wholesaling as a realtor. A few people have ...
Ryan Steiner
Proof of funds - portfolio lending = cash?
Hi BP!
I have been researching the different financing methods, and would prefer to use portfolio lending for its better rates on my first flip. I have roughly 60k liquid available as a down payment if needed, and th...