Skye Payne
When do taxes become back taxes?
Hey y'all! Very excited to start my first post/career/investment life with BP!So I'm working on a potential first deal. Sent her a contract, she countered by saying that because the offer is so low, the back taxes sho...
Nicole Pierre
Where to invest Money while saving to purchase a property
Hello, I am new to BP and just wanted some guidance. I currently reside in LA and looking to purchase an Out of State Property in the next year or so. I have about $25k saved and wanted to know where I can invest my...
Grace Kelly
Newbie Auction Question
I have a question regarding tax lien auctions: If one wins an auction for a property but the owner files a redemption and clears the debt; what happens to the money paid by the winning bidder? Is it lost or refunded...
Sam Silverman
Cash Flow for Capital Raisers/Fund Managers
One of the most common struggles for aspiring fund managers -- current cash flow.Many fund managers are struggling in the short term to produce cash flow for their business.In a typical structure, fund managers (speci...
Arturo Borges
How do you pay a construction loan?
How do you pay the interests and monthly debt service on a construction loan if you are a new construction company in your first project?
Jennifer Allen
Triple Net Lease - When to pay property taxes
After collecting tenant pass-throughs for the year, do you pay the property taxes at the end of the year or the beginning of the next year? The benefit of paying the following year is the interest income accrued. Howe...
Cliff T.
Anyone request loan forbearance / delayed payments?
Just curious if anyone here has gone through the process yet. Everything that I have read thus far states that loan forbearance payments will be due as a lump sump at the end of 30, 60, or 90 days. In other words, you...
James C.
Florida tax sale questions
All,I'm looking at some contiguous Florida tax sale parcels with multiple years of tax sale certificates which are all owned by the county. If I wanted to put them together do I need to buy all the back certificates f...
Eric Hathway
How to provide proof of funds to seller when I have line of cred
This is my first BRRRR. I'm offering cash on a foreclosure and the seller wants proof of funds. I have a home equity line of credit which I set up for this purpose with a more than sufficient limit.Should I provide th...
John Chapman
Umbrella insurance policies
I have a number of rental properties that I have purchased over 25 years. I want to get an umbrella insurance policy to increase the equity I have accrued. Is there a rule of thumb for how large an umbrella insuranc...