Ralph Marmolejos
Lease Purchase Agreement - Florida
Hello,This is my very first post and I would like to thank any comments or guidance any of you may provide. I own a property in central Florida and had not been able to sell it for the amount I wanted. Someone is inte...
Taylor Ratliff
What is HOUSE HACKING?
House hacking is the strategy through which investors earn income by renting out “rooms” in their primary residence. ANYONE can be an investor and facilitate this strategy to pay for their mortgage on the home.
Hous...
Bret Halsey
Seller Carry Transactions
Hey all, I'm curious on the viability of having the seller carry a portion of the sale price so that the down payment and out of pocket costs might be lessened or eliminated. For example, if I buy a property for $100k...
Olga Daisel
Tax on loss and gain
Folks,I have rentals in 2 states which in total show negative. Now, the one in Illinois has a gain, but once again if I add loss from the others the total is negative. Should I pay state tax on the one that shows posi...
Hiro Kitagawa
Termites damage in potential property
Hi BPers!
In a few days I will be viewing a property that has known issues including portion of the house having termite damage. It's an off market deal and owner would not pay to fix it. It would be my first propert...
Mikaela C.
Selling a property that currently has a tenant
I'm going to be selling a rental property, but I currently have a tenant. He signed a 6 month lease that ends Sept 30th of this year (2018). He hasn't been a total pain (he takes very good care of the property), howev...
Prashant Sheth
Is it needed to register a DE LLC in TX as foreign entity?
If I am holding multiple properties in a DE LLC is it needed to register the entity as a foreign entity in texas? I won't have any office or employees. Thanks for your guidance
Nik Stophel
Pay off student loans or start investing in real estate??
Should I pay less $$$ towards paying off my student loans and put more into getting a deal ASAP? OR should I focus on eliminating as much debt as possible, leaving me with less opportunity for cash for investing?? I j...
John Erdei
Turnkey Companies That Communicate Electronically
I'm wondering if anyone has experience with a turnkey provider that is comfortable working mostly through written electronic communication (text, email, etc). I understand that a lot of places still rely on phone call...
Kevin Cardinale
Email Correspondance with Craigslist
I have had correspondence with several potential "buyers" through email. The problem is they are from craigslist.
While I might be new to real estate, I am not new to business. I said that to say, these people seem...