Nicholas Varner
Unlimited Passive Losses as a Real Estate Professional
In my last post of 2015, Top 5 Reason to Buy Real Estate Not Named Cash Flow I brought up some reasons that investors may consider real estate a potentially sound investment due to other reasons than cash flow. Before...
Mark Forest
Prospective tenants with a criminal record
What is the current law on refusing to rent to prospective tenants who have criminal records? Thank you in advance.
Dustin Palls
Found a Fannie property I want, possible"Meth Lab"
I found a great deal on a Fannie Mae property. I am concerned because both neighbors mentioned "there were lots of drugs done in there" when I visited the property. All of which is speculation, so I decided to contact...
Joshua Dees
Wholesale Deal with Domestic Issues
I have a house under contract, and coming up on closing, hopefully. Straight to it, The Seller told me she owned the house free & clear. Come to find out, from my Title Company, she got divorced because of Domesti...
Jonathan Liu
Wholesaling or "Flipping" Rent Controlled LA Duplex
Hello BP Community,I was looking to get started in wholesaling, and was talking to a close friend who is a Realtor to help me with my business plan. As we were discussing, she told me about her client who was fed up b...
Max Pagani
Forcing a Partition Sale on CHFA home in Denver, CO
Hi BP Community,
Haven't posted here in a while but my family is in need of some advice and assistance in the Denver area. I am going to outline the situation and would be very grateful for anyone who can provide gui...
Ken George
Sell which property?
Ok, so it's time do a 1031 exchange in an entirely different market.The sell choices are a 4 unit residential building in an ok neighborhood. There has never been a vacancy in the 7 years that I've owned it. I would...
Blake Dailey
HELP - Seller Insists on a Physical Bag of Cash Under the Table
I have a seller insisting that the only way he will sell is with a physical bag of cash ($40k or more) under the table so that he does not have to report that income (in Florida). He wants to seller finance a lesser a...
Bogdan Cirlig
Help: How to get rid of a Class D for free?
This one story a friend of mine is going through had me scratching my head too.She owns a SFH in a neighborhood that turned bad, bad over the past 2-3 years. She paid 80k for it back in 2005 and had Sec 8 tenants for ...
Robert M Erickson
How to Price a Vacant Drug Rehabilitation Facility?
Hello,
I was curious if anyone had experience with pricing a drug rehabilitation facility. The property is in Southern California and was leased to a tenant operating the facility but they had some financial issues ...