Arda Bircan
Material participation hours for STR Tax Loophole
This post is for the STR investors who are looking to take advantage of the STR tax loophole which allows you to write off paper losses against your active income. There is some confusion about material participation ...
Thomas Handy
Offer to make on a property that's on a lease to own contract
I came across a deal that the owner wants to sell his lease to own home that is under contract with the resident. The approximate value of the 3bd 2 ba 1750 sq ft home is $115,000, It's on a 7% loan for $680.71 a mo...
Luke Moses
Realtors - Seller wants to back out of a contract after accepting a offer?
I'm a new agent and I agreed to help a couple sell their home. They came to me because I purchased the house next door - my rental - and had been doing some repairs myself. To make a long story short they were very ...
Luigi Ontiveros
How to assign contract if offer from buyer is received in CAR form?
I have a property under contract and I've received an offer from a buyer via C.A.R form (California Association of Realtors)
How would I handle the assignment? Do I just send the buyer the assignment of contra...
Joey Wharton
What should I offer in an early buy of a Lease Purchase contract
Hello follow BPers! I'm six months into a 2 year Lease Purchase on the current townhouse I am residing in. Owner is asking about closing unit now. I'd like to make a "buy now" offer and would love some suggestions on ...
Steve Kim
Want to put an offer on REO; listing agent uploaded a VA contract
Hello,I'm a bit confused and I want to confirm if what I should be doing. I found a REO that I would like to put an offer on, but the agent's remark was for me to follow a link that took me to a site that had a VA Con...
Aaron Fox
Real Estate Agent and Investor
If you are a real estate agent trying to do real estate investing as well, what are some of the things you need to be weary of so you aren't breaking the laws?
Chad Hudson
Question(s)/advice about owner financing 20 units?
Happy New Year BP!I have the opportunity to purchase a 20-unit portfolio through owner financing. Any ideas or experience on structuring this type of deal, specifically how to handle the situation if I sell a propert...
Bao Nguyen
submit offer before due diligence?
hello everyone.I am about to make an offer on a duplex, and I asked the realtor for the rent roll, the credit and background checks on the current tenants, and list of expenses. I was on the phone asking A LOT of que...
Maritza Soto
Purchasing turnkey property
I have an opportunity to purchase a turnkey three family property. I'd like to go see the units but they "don't want to disturb the tenants" but I am able to look at the property and the common areas. I understand th...