Justin Holley
Ownership Arrangement for Subject To with 3 Partners
Hello and thank you in advance for any guidance provided.I have a "subject to" deal/opportunity that I am doing with 2 newbies. They approached me with the deal because they couldn't get the math right nor a bank to ...
Frank DiGiorgio
Insurance and PM recommendations needed
Hi All, I just purchased a canal access home in Central CC. I'm looking for a PM who will allow me to do ALL bookings. They would handle pool maintenance, changeovers and emergency calls. Does anyone do a flat mont...
Leo Tsang
Mortgage and Tax questions
I bought an investment property last year in NJ. It was intended to purchase it the form of a partnership. However, due to COVID my business partner was not able to come back to US at the time of closing and the towns...
Kevin Phillips
Coming up with a direct sale offer
Hey everyone, I am in a unique situation and looking for advice on how to come up with an offer to my landlord. A couple years back, I was in talks with my landlord about purchasing the house I have rented out of for ...
Mitch Monmouth
Cash vs mortgage
Here is what I was thinking:
1) Buy rental properties under an LLC in cash to get the best deal with quick cash closes.
2) Perform any needed repairs and install tenants
3) Get a business loan (personally guaranteed)...
Jacke Draper
Solo 401k House Purchase using an LLC - IRS constraints
I have a solo 401k plan and want to use this and a non-recourse loan to invest in a rental property. The property I'm looking at needs a lot of work and so will not qualify for a loan. I can purchase the property with...
Micah Loewen
Tenant paying for garbage collection?
I have a rental in a new rural development that does not have city garbage pickup. Most neighbors just use local dumpster providers, is it my responsibility to pay for the dumpster? Should the tenant arrange for it an...
Charles Sullivan
Good ol delinquent taxes
Hey guys, long time no see! Still here in San Antonio. While being away from the BP community I've had some ugly experiences, fell short a few times, and closed a few deals(Wooo!!). So, I just came across a property t...
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Finding tax info
The Permanent Index Number
The first step in the tax search is to find the Permanent Index Number (PIN) for the property. All property tax records in most Counties follow this method of identifying properties. PIN's ...
Zuriel M.
My mom's first home that got both of us into BRRRR investing
Investment Info:
Other buy & hold investment.
Purchase price: $45,000
Cash invested: $36,000
My late mom's first home that was paid-off but had liens on it. This is the investment that made me be...