Erik Bollinger
What lessons should I learn from this failed deal?
I'm brand new to real estate investing. With my first deal I tried to hit a home run and I ended up striking out. In order to make the most from this failure I would like feedback on what I did wrong, and if my conclu...
Justin Wilcox
How to reject an applicant for rent?
I have a room for rent and I happen to know that the person who wants to rent it would not be a good tenant because they have had not paid their rent in the past and cause problems for other tenants. It was not docume...
Patrick H.
New legislation in North Carolina impact on real estate???
Hello,I am in the process of setting up to conduct business in North Carolina (specifically in Raleigh and the Triangle area). As far as I have discerned, the area I am interested in has a high emphasis on knowledge ...
Lisa Maturo
On several Wholesaler lists as a buyer but prices too high
So I'm fairly new to investing as far as getting on wholesaler lists as a buyer. But I'm finding that NONE of them seem to really have any decent deals and they all seem to be taking a whole lot more than a $10,000-$1...
Jack B.
Will I owe capital gains tax if I move back and sell?
I don’t think I would, but for some reason the IRS’ web sites example claims that I would, despite it conflicting with several CPA articles that I've read that state otherwise. I thought that as long as I lived in the...
Gino Cook
what to do is this even legal
I bought a house for $63000 7 years ago I owe $51000 now and value of home went up $10,000 since I bought ..its a owner finance my friend owns house will appraise for $84000 -$90,000 should I try to get a mortgage for...
Account Closed
Transfer Taxes on Double Closing
How many Wholesalers doing Double Closings are paying the Real Estate Transfer Taxes?These can be quite expensive in some places. For instance The State of Pennsylvania charges 1% of the sales price and the munici...
Amit G.
Bedroom in basement - Realtor and Appraiser perspective for Comps
Hello BP'ers, A quick question for you all geniuses - Is the bedroom in a walkout basement (below grade of course) with egress (conforming requirements) and and a closet, considered while determining comps? I probab...
Jonathan Vince
Heir is dragging feet on probate while property faces auction
I want to submit an official, legally legit offer to a person whose deceased parent left a property with heavy tax liens, and who never wrote a will. This person is the only child, and is apparently daunted by the pro...
Douglas Goldstein
Cash out refinance will turn cash flow negative?
I'm looking for ways to finance my next purchase. I'm could do a cash-out refinance on a rental I own since the LTV is 57%. Currently, it has $150/month cash flow. If I refinanced to an 80% LTV, I could get $180,000...