Nicholas Ludwiczak
Contingencies not met after closing
I recently sold a SFH where the buyer had an inspection contingency and the buy requested 3 issues be corrected. We had corrected two of the issues but it took my realtor a long time to get a quote for the third item...
Benjamin Sherwyn
In contract on duplex but just separated w partner - Need Advice
Hi All,
This is a strange one that I could use some advice on. My ex girlfriend and I worked very hard to make a deal on a FSBO duplex in Michigan's Upper Penninsula that had great zoning for STR and income potenti...
Account Closed
How do you make sure you're creating a profitable partnership?
Hello Bigger Pocketiers!
My name is Daniel and I am generally new to real estate. I have no investments YET but I've been doing personal reasurch for the past year or so. I've been doing what everyone says witch is ...
May Goldberg
Question Regarding Structuring a Deal with a Partner
Hi Everyone,
I have a question regarding structuring a partnership with another investor if both partners are not bringing equal capital into the investment? Should the profit be split based on the percentage each pe...
Ashley G.
Potentially selling an investment property
I have an investment property in IN.I purchased in 2022 for $200k. It appraised for $205k. Purchased for kids future/college fund (maybe relevant maybe not) Mortgage rate is 4.4% currently paying $1149 a month (includ...
Youngwoon Han
Would I qualify as a first-time home buyer?
Hi all,
I got married last year and moved to another state following my spouse's job. Before the marriage, I purchased a house where I lived. I still own that house and use it as a rental. I would like to buy a home ...
Dana N.
Married, but only one spouse wants to do the business
If my spouse doesn't want to be involved or have the business, and I form an LLC, will I have to be considered multi member because I am married? or can I form it as a single member?
Please advise.
Dana
Megan S.
FHA loan after FHA loan
Newbie question!If I buy a MF home as an owner occupant with an FHA loan, then plan to turn around and rent all units out (after a given period of time), will I be unable to secure an FHA loan for my next property? Is...
MARY CLEMENT-HILL
Should a landlord clean a filthy tenant's kitchen and bath
Hi everyone,I've got a weird question today. My husband has been working on our ancient 4plex including what started as a small handful of repairs at one of the units where a tenant's been living for about 18 years (...
Alex P.
Strategy Options for 1031 Exchange to Husband/Wife LLC
First time posting to the BP forum. Have to send a big THANK YOU to all of the folks sharing their experiences and information in this community. Very much appreciated.I am in the middle of a 1031 exchange, having jus...