Lynn Taiel
I need Advice! Judicial Sale Purchase Gone Mad
My husband and I purchased land at a Judicial Sale. Now we get an attorney's letter from the previous owner stating they want the property back! Can they legally get their property back from us? We bought it fair and...
Dustin Hope
Business model
What do you guys think of my business model
Our Business Description
We buy mobile home parks and mobile homes to fill the need for afford...
Account Closed
Unlicensed wholesale Ohio
Are there any unlicensed realtors/brokers in Ohio doing wholesale deals?I talked to a lawyer the other day about wholesaling, and I showed him a purchase and assignment contract, and he gave me the hammer.Here is our ...
Jordan Gilberti
Need a Broker's License to start a property management company??
I live in New Jersey and am currently in the process of starting a property management company. However, I came to find that in NJ you need a real estate broker's license to do property management. Does this mean that...
Steve Hodgdon
Working out a Distressed Note - to start some discussion
There’s a lot of buzz these days about Hardest Hit Funds as the exit strategy when you own a delinquent note on the way to REO. Sounds simply amazing. Seems there’s always an “angle” to work.Having spent nearly my ent...
Peter J Donaldson
Yet another 2 out of 5 year Primary/Rental Ratio question (sorry)
Ok, I have read all the IRS publications and seen many forum answers on this basic subject and I THINK I now have an answer from IRS publication 523 but would like confirmation if possible as I think I have a quite ra...
Taylor Green
Starting to invest in a stabilizing market - bad idea?
Hi, I have a question about starting out as a multi-family investor in a stabilizing market... I was wondering if it's a bad idea. Naturally, it seems like the best deals are to be found in a down market, so I'm n...
Curt Smith
filing taxes on a note that I foreclosed on AND got the property back a low FMV.
I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...
Scott B.
Deceased Homeowner- No will- Need help getting property
BP Family, I am a new member with a situation. I am trying to acquire a property is Raleigh NC. The homeowners passed away over 8 years ago, no dependents. Property went to the surviving family members (9 siblings and...
Dusty Laurin
Real Estate Professional Questions
My husband and I are considering listing me as a Real Estate Professional on our taxes for 2021, and we are looking for others who have done this successfully so we can get some more detailed information on it. We as...