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Does anyone offer any incentives for referrals for their rentals? What do you offer? Cash? Gift card?
I am buying home from wife's grandmother in Maine. It apraised for $411,000 she is asking $375,000. She wants to seller finance us but the IRS still makes her charge 2% for a 20yr loan. Are there any workarounds? Coul...
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I have a family member that has a property and she owes $80,000 on the house. I asked her if she'd sell it to me basically and she replied yes. I've heard that creating a LLC is not the first step, but still important...
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I’ve dealt with one bad tenant that did some dumb things like set an iron on new carpet in a bedroom, stained several spots in the living room, broke the lease and left early, etc… ended up keeping her security deposi...
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So, there is a thread out there about a newbie wanting to buy a Lambo and given that he just started, and had no money at the time, most people consensus is that buying a Lambo would not be a good idea at that time...
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Hey guys,
I recently received finished up two great deals that were leads from a wholesaler and a friend of a friend. Everyone won in these deals but I was also planning on sending something like an amazon gift card ...
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Hello BP!I've very new to BP, but have lurked and engaged a couple times over the past weeks. I was hoping for some problem solving ideas and honest opinions on my potential First deal (My Parents' out-of-state vacat...
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Hello BP'ers -We are currently underwriting a mobile home park with all park owned homes.>>>The homes are in bad shape and the repairs line item eats 1/3rd of the Gross Income!Does anyone have any tips or exp...
I'm trying to understand the rules for stepped up basis on a house owned as joint tenants with right of survivorship.Specifically, this is for joint tenants that are not married. Let's say that my mom added me as a j...
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Let's share some brag stories about how you've treated your tenants like gold. Maybe an example of how you went above and beyond for them, or did something unexpected and nice, or solved a problem they were having? Af...