I found a house free and clear then found something of which I need some help understanding. After looking up records and other information it looks as if the owner passed away in 2007. He paid the house off before...
Anyone know of any kind of online escrow service that can be used for when you lend money to someone?
For instance, say it's for a loan 25-50k the buyer has closed already on the property. They need some additional f...
I saw a nice property that I want to flip (in NJ). this property has solar panels on the roof which I plan to remove (house needs new roof). the property is sold in an as is condition (short sale). I wonder if the le...
It is important for a landlord to keep organized and concise records of all income and expenses related to their rental properties. Good records will help the landlord monitor the progress of their rental property, pr...
I was given a listing by a broker for a 5 unit building in a c+ b- neighborhood. Not far from the subway, you can walk to everything. The broker said they are asking 850-900,000. The taxes which I found on county web ...
You all know Brandon Turner, co-host of the BiggerPockets Podcast. Did you know he also hosts FREE weekly Webinars? Even better, this week's Webinar is about Using Duplex, Triplex and Fourplex Investing to Find Financ...
Hi all,
Hoping to get the opinions of the smart folks in this community.
I bought an REO from one of the big banks.
Step 1 was to sign an addendum they required services via their asset administration division.
Ne...
Let's say one syndicates a deal to purchase a $30m apartment building with 25% down;Who is going to secure the loan? Obviously, the sponsor isn't going to carry a $30m debt himself and be the only guarantor Theoricall...
Hi, everyone,I am new to real estate investing and plan to start investing this year. I have been reading many books (and posts in this forum) and trying to build a system for investing. Before posting my questions, ...
Hi all,How would you record the "Capital Contributions" to an LLC in the ledger section for the following scenarios: Scenario 1: Let's say the equity in the property is $60K and mortgage is $140K before the transfer. ...