Jestin Sorenson
purchase agreement contingencies
What types of contingencies do you guys put in your purchase agreement? Do you need them? Anyone have a purchase agreement they could share? Thanks!
Jeff S.
House had fire from over-use of fireplace
Bought a foreclosure house that had been on fire. In reading the fire report it was stated as the cause: "excessive usage of fireplaces over time that had an ongoing pyrolysis to the wood structure members."
...
Account Closed
Newbie Stupid Tax - How Much Does It Cost? How Much Will You Pay?
We were all newbies at one point. I, even I, made some Grand Stupid Mistakes (early on ;-). I wouldn't be able to add up how much "Stupid Tax" I paid getting my real estate investing career underway. Granted, we all s...
Elizabeth Seiferth
Local primary upgrade or STR
Hi all, First time posting here! My boyfriend and I currently own a condo in north county San Diego that we purchased in October 2019. since owning this property, we have renovated (all new LVT floors, upgraded firepl...
Vinod Palle
Tenant Eviction Messup
Hello Guys,I have a duplex in Tampa,FL. owner pays for water for both units, and it is managed by a local property management company.We recently had to evict on of the tenant.During the eviction process the tenant di...
Account Closed
Long-term guest - I want him gone, wife doesn't!
I've been a wannabe investor for several years, and have enjoyed reading BiggerPockets. Sadly, the topic that finally motivated me to create an account and jump in is not a happy one:We have an adult, non-family-membe...
Leo B.
1031 exchange to purchase a fix and flip
Hello all-Would I be able to purchase a fix and flip project with 1031 proceeds? Below is just an example of a scenario.Original purchase price of rental home is $425K$400K loan balance$500K sale$15K closing costs$85K...
Matt Walden
S-Corp Conversion to LLC Help
When I first started out about 15 years ago my business partner put two properties into an S Corp. The two properties are owned outright no debt. My question is how can I convert this into an LLC? I realize now it ne...
Eugene Lee
In evaluating deals, when to consider which rule?
Hey BP, I've recently made an account (yesterday) and have been reading articles, the e-book that BP is so kind to publish and I've been looking at different real estate deals in my area (San Diego) and I've noticed t...
Vladimir Barman
Does direct mail marketing still works???
Hello guys! Im a rehab and sell investor in NYC...before pandemic I have been buying properties from the auction in court but now it has been closed and no one knows when it will open again So I want to start marketin...