Mark Gallagher
So you think you're a wholesaler?
I had to post about this experience because I'm half confused and half mad!I had been bidding and watching a HUD property for a few months, waiting for the right price. Finally it had been lowered to where I needed it...
Dan N.
Why do people use LLC for "buy & hold" rentals that have mortgages?
I am confused on this topic and I would like some input. I am going to acquire a few long-term rentals over the next few years. All properties will be acquired with a mortgage. Initially, I was sure I was going to cre...
Llewelyn A.
What happens to House Prices if Mortgage Interest deduction ends?
Unfortunately, it seems that this Government wants to take away any kind of Debt Financing of either Business or Home.It's pretty much in the Republican Tax Reform policy that they are pushing ahead. What's even more ...
Lokesh W.
Giving Keys to Future Tenants 2 Weeks Prior to Lease Start?
Hello,
I am renting my upper unit of my duplex. They are starting the lease in June. The guy is a local TV host. His fiancé, their kids ( 1 kid each from previous relationships) and he are moving in. They asked me to...
Tony Thompson
Suggestion For a New Forum: Dealmaking Failure Stories
I would like to see a "Dealmaking Failure Stories" to counter the "Dealmaking Success Stories" in the BP forums.
We all know that you can't achieve success by being a perfectionist and without failing. Would love to...
Renee Chun
Analysis Paralysis or Calculating Risks on First (To Be) Deal?
excuse the lengthy email:
My husband and I are at odds as to how to approach our first deal. We have been listening to Bigger Pockets podcasts amongst other formats and meet ups and recently decided to start analyzin...
David Mohrmann
Private Membership Association - STR
I have a friend who has a str in an area where it is prohibited, but he is one of those guys who shoots first and asks questions later.
The city has cited him with a cease and desist for the short-term usage of th...
Kathryn K.
Settling credit debt 4 less than owed?
I get solicitations from companies offering to legally reduce my credit card debt and get the credit card companies to accept a lesser amount as payoff. Supposed to be entirely legal. What are the criteria for doing t...
Linda Fang
Pace Morby’s Subto program : standard package or executive packa?
Hi, I am new here. I am going to join Pace Morby’s Subto program later. Just wondering if I should go in with standard package ($8,800) or executive package ($11,800)? Appreciate any recommendations and advice. Thank ...
Todd S.
GC to Project Manger - the new agreement
I wanted to get some thoughts from the veteran flippers about the new structure my GC and I came up with. See the following:
Previous Structure
-GC bids job
-I pay 30% at beginning, 30% halfway, 30% before final walk...