I just received some info that ObamaCare has a clause that will implement a 3.8% sales tax on any real estate transaction starting in 2013. Anybody know this to be true?
Don

hey BP'ers, I found a deal for a 6plex, motivated seller ready to retire and not deal with tenants anymore. They are interested in owner financing (they like the idea of using this basically as an annuity for 3-5 year...

What Could Possibly Go Wrong? A Cautionary Tale for Newbies and Not-So-NewbiesThis post is intended to share some observations gained from more than a decade as a real estate investor, and to offer some words of cauti...

I am working on structuring 2 lease option agreements to wholesale. I have the title company in place that is willing to conduct the transactions for me and the escrow officer has done numerous lease option transactio...

I am a new member on BP and this is my very first post.  It amazes me all the people on BP that are so willing to help.  In advance, I appreciate any and all information/help.  My father is 59 years old and has $1,000...

After analyzing around 60 different properties and deals this month I think I have finally found one that could work for me. I've ran the numbers a few different ways and still come up good, however it is a Portfolio ...

Do any of you use a ball-park factor when buying properties with vacancies? You'd be assuming the risk that the unit(s) will remain vacant for 6-12 months.Example:You're looking at an office building with 2 out of 4 u...

This is my first post here, hopefully not the last..so my situation is this; I am receiving an annuity benefit from my mom's passing and would like to use it as a down for a multifamily in my area of Barstow CA. Prope...

I just got pre-qualified for a  large commercial loan to acquire a package of 6 SFRs. (I have 7 SFRs now, 6 of them acquired in the last 14 months using a mix of conventional, hard-money, and cash - with all now under...