Landon Elscott
Accounting Question - Question For Accountants - Property Tax Prorations Home Purchase
Hopefully I explain this in a way that is easy to understand. This is my first rental property purchase and also the first time I've really had to deal with any accounting of this nature, so I would appreciate any gu...
Kendall Age
BRRRR - Private Money then REFI with VA Loan
Hey All,This is my first post on BP which should probably be in the introduction page. Ill head there after this post. I am debt free with an outstanding credit score. I've done Hundreds of hours of reading on RE Inve...
Ligaya Bales
Dealing with a lawyer for eviction
A lady I know who owns mutuple properties went to a lawyer for an eviction case of a resident who hadn't paid rent in months
the lawyer charged her 1,500.00 for the initial fee and then also insisted she pay separat...
Amby Bhagtani
Appraisal Amount Increased
Hi - I am in the middle of closing a commercial property. The broker that I used initially quoted an appraisal of 650, which I paid. A few days later the broker said the mortgage company is asking for 2500. I am a lit...
Madison Heck
Cash out refi or HELOC?
Hi all! I am close to purchasing a property in upstate New York with a friend. We are planning on employing the BRRRR strategy and want to outline what our plan is for generating capital for the down payment of our ne...
Joseph Lin
Spartan Invest Hidden Fees
Hi,I would like to talk to other people who are investors with Spartan Invest in Alabama to see if they are seeing similar issues.A little background. I purchased an investment home with them around 12/2018. It took t...
David Huynh
Tax question - Cash out refi? I don't understand
Hey guys,I'd like to understand the tax ramifications on cash out refinances. Is this a way to dodge paying taxes until a later date?Let's say I find amazing deals a couple times a year and purchase with cash. Purchas...
Grant Huffman
100% Investor Cash Purchase followed by Cash Out Financing
Goal: Own/Hold, residential or commercial property covered under a LLCLimit initial out of pocket cash to purchaseUtilize 100% investor(s) cash to initially purchase/rehab propertyProcess:Purchase property outright en...
Logan Allec
Insurance Agent Goofed Up, Causing Additional Costs
One of the conditions of a recent purchase I made was that I would pay the seller for lost rents to keep a unit vacant so that I could live in it when escrow closed. Strange, but OK.Closing date was initially Septemb...
Thomas Blees
Subsequent (junior) Tax Liens
Hi,I am new to Tax Lien (TL) Investing and have a question:What exactly is my risk when buying a "subsequent/junior" TL (e.g. a TL from 2014, when there are still TLs from 2012, 2013 which haven't been redeemed yet)?A...