Candy Elk
Charge interest or fees when initial closing significantly delayed
As a private lender I’m Looking for advice for when an initial loan closing is delayed either a week or so or even prolonged. In one instance (happens to be our most regular borrower) the loan was delayed about 2 mont...
Bert P.
Death in the family. How soon is too soon?
Hi All, friends of mine just lost lost their mother/mother-in-law a few days ago after a prolonged illness. My question is: Since there will never be a "good time" to bring it up, is there a "too soon" time to start i...
Stephen G.
FORMING AN LLC: Prior to contract or during closing? Advice please...
Hello All! Happy St. Patty's Day!I am in the market for purchasing another multifamily property, but this time I would like to consider the possibility of rolling it under the protection of an LLC. This leads me to my...
William R.
Building a Relationship with Investors(Cash/BuyHold/Rehab Buyers)
For Investors that are either at the beginning or the middle of the transaction, How do you go about establishing a new relationship with a Cash Buyer?
Do you have prolonged conversations about the kids, and talk sh...
Sam Marriott
Discounted Lease for Plumbing issue?
Hey Guys,We have a plumbing issue in one side of a Duplex that we are currently trying to get a tenant in to. The volume of water coming into the unit is not sufficient and when you run multiple fixtures the pressure...
Hayden Reinisch
How do you avoid paying taxes in canada with real estate
I hear about all these ways to avoid taxes in America with tactics such as 1031 exchange but how do we do that in Canada.
Kamran Rahman
Attn Washington Landlords - Have u sold ur rental mid-moratorium?
Given the the current climate due to the moratorium, AND a hot seller’s market, I decided I am selling my rental. I have 2 tenants and already gave them their 90 day notice, and am planning for them to leave within th...
Alison Rauch
Buying a foreclosure and owners won’t leave
We are closing on a foreclosure that we are buying through a wholesaler. The “owners” of the house claim that they were not aware that they had to move out and say they made an agreement with the wholesaler (who he th...
Hendra Wijaya
Light bulbs and refrigerator water filters as capex?
Hi Everyone,This probably seems silly to ask, but I am still curious about it. Do you budget things such as new light bulbs, faucets, toilet flappers and water filters in the fridge as capital expenditures? Or do you ...
Kesete Thompkins
Exit Strategy on a Seller Financing Deal
Good evening BP Community. I'm a veteran investor trying to think of an exit strategy for an existing 0% seller financing deal that I'm currently paying down. Here are the particulars:
Price: 50KAmount Owed: Approxim...