I am purchasing a single-family residence in Nebraska that was a bank foreclosure. Purchase was made through an online auction, and I close In a few days. The previous owners were evicted, but it appears they left a f...
A brief overview.40-year old S-Corp with a stable history and no past financial problems. Assets: $700K-$1M. Debts: Zero. Vast majority of assets are commercial, with less than 10% SFR. Clean, complete books and a...
Greetings you fantastic BP people!Quick question about partial seller financing... if you get a seller to do seller financing for ~20% of the purchase price, who gets first lien? The bank or the seller doing ~20% 'sel...
Hello my fellow Canadian investor,My name is Nick and I am new to real estate investing. My wife and I just purchased our first triplex. I am looking for advise on Property management software or applications. What ar...
So I've just read chapter three of the UGB. Looking at the three different strategies, buy and hold looks like the most feasible, but I have to say, flipping and wholesaling certainly look attractive. I just want to t...
To do or not to do. I found a great deal on an older but very well maintained manufactured home in the a very nice area of san Fernando valley. the only problem is that the banks don't want to loan on it because it i...
Lets say there's a two car garage connected to the home itself using this property as an example: 2292 S Sherman St, Denver, CO, 80210 | realtor.com® (strictly an example to imagine) Is it legal to physically demolish...
Longtime property manager of multifamily Coop and Condo buildings here, and a former student at SUNY Oneonta. Over the past year I've gone through a mindset transformation which has given me the hunger to break out of...
I understand 95-99% of the time tax liens don't end up in foreclosure but in the event it did would the certificate purchaser be responsible for the mortgage on the property? I'm assuming so since it seems silly that ...
The fact is that not all LLCs are the same. Some are just better for asset protection then others. The best LLC structure is the Series LLC. Like any good parent, we want to protect our children. This is accomplishe...