Jeremy Hoover
Buying a home that's under land contract for what's owed on it
A friend had entered into a land contract to purchase a home in Michigan he was previously renting for $60,000, on which he's been paying for about 4 years. He currently owes $26,000, but is now entering into an agree...
James Lehmann
Taxes for marketing and guru costs
Quick question to those who know the answer. I have heard many different responses, so id like to see what everyone thinks.
I have spent roughly 22k this year on real estate related expenses. 15k on 2 credit cards fo...
Jake Blumstein
Property Repairs for Non-Paying Tenants
Hi Everyone,
I own a few properties and have recently encountered an odd situation. A tenant stopped paying rent and cited COVID-19 illness as a cause. Meanwhile, the same tenant made several repair requests after sh...
Gabbie Decu
Seller Financing with 2 agents involved
Good morning to you all! I would really appreciate your thoughts on structuring a Seller Financing offer with 2 agents in the middle. The seller has owned this property for 23 years (free and clear now !)Asking price...
Chris Martin
1031 exchange - percentage ownernship identification?
I will try to keep this short and to the point. We sold a property and hired a QI to handle the 1031 exchange. Our Replacement Identification did not include a percentage ownership (it was/is assumed at 100%) and by t...
Ryan Rider
Using parents HELOC to acquire properties
So I’m a long time reader and listener to the podcast and forums. I’m at a point in my life that I am ready to finally pull the trigger and get into real estate. So I have 20k saved and available to put into action. I...
Michael Lauther
Offer accepted, Time is of Esence to close Bank cant close
I put $500 earnest money and bank countered and I accepted counter . they stipulated that if I could not close by 8/20/12 they would be entitled to $100 per day. i am ready to close they cannot get title cleared in ti...
Jose Echevarria
Wholesaling Question form starting out
Hey I got a question. Forwholesaling I'm going to start driving for dollars and looking for vacant properties. How would I be able to find the owner for free.
Zachary K.
Time Demands for Self Managed
Hi, I'm in the process of purchasing 2 investment properties in Austin. I've read through a number of posts about self-management on biggerpockets and am leaning to go down that route (I'll be an out of city manager)...
Andy S.
Security Deposit -Tenant broke lease 1.5 months after moving in
Hello,Recently my tenant in New Jersey broke the 2 year lease within 1.5 months of moving in. The reason he gave is that he found a better job out of state. He did not lose current job, however the new job he found pa...