Brad Warshaw
HOA Foreclosure Auction
I won a bid in FL on a HOA foreclosure that has no mortgage. I found out after there is another association where there is a 32k balance I have to pay. I had a few questions.1. If I just let it go back to foreclosure ...
Bill Schrimpf
Mobie Home - Accellerated Depreciation
Will a mobile home, newly purchased from the factory put to use as a rental, that is not immediately converted to real property, qualify for the 2017 accelerated deprecation, since it's personal property ? If the ans...
David Andrews
Due on sale clause question when quit claim to LLC?
I am thinking about transferring my rental property in UT to my LLC. The credit union's (PFCU) Note and Deed have the following clauses:Note:If all or any part of the Property or any Interest in the Property is sold o...
Brandon Sturgill
Passing on a 10%CAP/ 13% CoC Deal...What would you do?...
Alright, so I have a seller finance deal in the queue...it 's a duplex...solid property...decent location...cash-flow is $191/month...10%CAP, 13%CoC, DCR 1.33. The deal would be a 84-month balloon, 10% down, 6% intere...
Michael Lopez
Snowballing Real Estate Strategy
I have heard of a snowball strategy of paying off rental properties that can speed up the number of doors you can acquire over time. Can this strategy work with partners in which 2 - 4 people put in enough to purchase...
Julio Gonzalez
Alternatives to Cost Segregation
I’m sure many of you have heard of a cost segregation study. It is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return...
Account Closed
How soon after closing do you move property to a land trust.
When using Conventional or Government Backed Financing, at what point do you safely move the property to a land trust/llc without triggering due on sale clause.Share your experience.
Carlos Powell
Seller Financing refinancing
ok say a seller is willing to play the bank and they owner finance the house. after the house is in my name can I then refinance the house to get the equity out the house? And if so does the same process work if you d...
Chris Lang
Multifamily/Apartment real estate strategies for beginners
Hello! I am interested in strategies on how to approach investing in multifamily/apartment real estate. How do other BPers approach this niche of real estate investing?
-Chris
David Katz
Metrics for Assessing Turnkey Deals
I'm new to REI and likely going the turnkey route. Had a few questions about the metrics used to assess potential deals. For total ROI, I assuming that would include equity accrued (i.e., principal paydown), as well...