Hi, my wife and I live in Botswana and she works for a local agency both in sales and rentals. I am trying to help her find cash flow software specific to the real estate industry. Due to loads of red tape in getti...
Hey BP folks,Was hoping I could get some advice on what the main difference is between a subject-to, and a land contract? If a motivated seller has a property that's been on the market for awhile, what would entice t...
Hi,Situation is a property that I own outright, had roof damage and received an insurance settlement. Because of the circumstances, sold the property, the settlement will not be used to repair the property. Some of t...
Hey all, I'm looking for some ammo. I'm looking for hosts who have received a referral bonus, please tell me the dates & amounts if you are okay with that. If you've been denied, please tell me when & the re...
We've been trying to branch out and have been looking at alternatives to cash flowing SFRs. One thing we have looked in to is Syndications:One we came across is for a retail center that is fully leased offering the fo...
I had a property that burned down in a wildfire last week. I will have an insurance payout, which I will use to rebuild. For tax purposes, here is my general understanding:The land value on my books will be unchanged....
My boyfriend's parents bought a house in cash in 2011 and put it in our names. We didn't put any money down. In 2014 I did a refi to get them out of the loan. He couldn't get approved so I put the loan and the deed in...
I have a house that I found through driving for dollars - oddly enough the home turned out to be a friend of a friend of a friend situation. The gentleman who owns the house is elder and had the house paid off 100%...
We are taking on a b round for a piece of commercial real estate(remodel) + a business venture inside of that real estate. We are trying to figure out some of the best ideas regarding how to pay out the money we recei...
Can someone correct me if I'm wrong here:
If I have a property I paid $35,000 for in 1979 and I can sell it today and walk away after closing costs for $300,000
OR I can finance it for 3 years and walk away with $359,...