Does anyone have a purchase and sale agreement for buying/selling a property as-is with a quitclaim deed? Cash transaction, deposit held by seller, no title insurance, etc. Title/lien search is being performed, s...
Hello BP,I am looking into buying mobile home parks I was wondering what metrics do you use to determine a good deal with this investment strategy?In Trust Kyle
Good afternoon fellow BP'ers! I have a quick question regarding an upcoming purchase. Our LLC is based in MD, however the next property we are purchasing is a duplex in OH. Are we able to use our MD-based LLC for t...
Do I need a CPA AND a tax attorney??
If a seller wants out of his property but he is not behind in tax or mortgage payments what documents would I need to prepare to protect myself? I have only done seller finance when the seller owns property free and c...
Hi all, just closed on my first property last month and have been tracking all associates expenses in excel. Have been reading the Tax Strategies for Savvy RE Investor book and they recommend using Quickbooks Pro. Was...
Hello BP forum,My short term rental property management company has started acquiring customers and we're looking for legal and accounting advice regarding asset liability and STR taxation laws as they would apply to ...
I am new to this forum and wanted some advice on my situation. I currently own 3 rental properties with two partners. Two properties are in their own LLCs and the 3rd property is an S-corporation. My current account...
I have bought my 1st property for 50k, put around 4k into it and appraised is for 94k (did appraisal on my own because i just had to know)I have like 4 people (out of 300 calls) already wanting to rent to own it that ...
I've been studying wholesaling for about a month now & feel as though I know the basics pretty well. I think the main thing stopping me now is analysis paralysis, and getting ahead of myself wanting to jump into r...