Stewart McMillan
Badmouthing tenant's attorney. Are there consequences?
I'm in the middle of a dispute with some tenants. The building's manager, whom I've known and worked with for 7 years, says that these tenants seem nice/normal and she hasn't had any problems with them.Unfortunately t...
Nolan Whitaker
Trouble with an EMD lender
Hey everyone, me(19) and my partner(17) are new to wholesaling, we got a good seller finance property under contract and needed an EMD lender and ended up getting one. In our contract with the lender there is no timef...
Adrian Peterson
Mortgage/Tax Question For a 1099 Realtor - Advise Needed!
My wife is looking to refinance a property she purchased more than 6 months ago. She is a CA Real Estate agent and receives a 1099 for her commissions. in 2018, she deducted a large write-off so that to avoid paying h...
Greg Weik
So you want to start a property management company
I thought I would share this, as I've seen a lot of posts recently about how to start a property management company. As a 20-year industry veteran, I still see most sales agents fail to understand what I do (typicall...
Marc Jarett
HOA Harassment
Long story short.... my garage was converted to a room against our docs. I corrected this and had a HOA member come over to verify the garage functioned normally. A week later I get a call from same member saying th...
Austin Wood
Average cost to repair cracked foundation?
When calculation rehab, what should I allow for foundation repair budget?
Nick Patterson
Seller Financing with LLC's
Has anyone done this option for a multifamily.
Since banks will only refi on the purchase price, this is a loophole where you can try and obtain the property no money down..
1) Property is held in an LLC....
Alissa Engel
Is renting to a corportate housing company a good idea?
I was just contacted by Fox Corporate Housing about a property I currently have for rent. They stated that they were hired by an insurance company to find temporary housing for a client whose house was damaged. The ...
Robert Belz
Two 1031 exchanges into one deal?
Hey BP,I'm hoping to get some advice on a 1031 I plan on using this summer. Once the lease expires on a SFH I have, I plan on 1031ing the proceeds. My business partner plans on doing the same thing on a similar timeli...
Jordan Archer
Why should wholesalers not buy homes listed with a realtor?
Hey BP,Every script I see for wholesaling asks, "Is your home currently listed with a realtor/agent?"...and if the answer is yes, then move on.Why is this? Is it just bad for business?...or are there ACTUAL consequenc...