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I came across a company close to me that for a flat fee of $2,500 they advise for income tax, estate and gift tax planning, document preparation for pour-over wills, revocable living trust, durable power of attorney,...
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Are there lenders that would use a deed of trust as collateral on a loan?To give more details, I own a property free and clear, then seller finance it with a deed of trust (Texas). And then to free up my cash I would ...
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How do you guys go about structuring partnerships legally? I have a mechanic shop under contract that me and a partner want to go 50/50 on the real estate. He runs the shop, and puts half the money up. I put up half j...
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Hi BP I am new to exchanges and wanted to know what happens when property is exchanged with mortgages. Wouldn't the mortgagees want to qualify the new owners?
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If you're employed with a W2 Salary and are investing in rental properties under a LLC (disregarded entity), would you even be able to make deductions if they add up to be less than the standard deduction on your pers...
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I have a cash buyer for a 1972 mobil home that has not been converted to real property on a 0.4 acre piece of property. I am selling only the land and the mobil home will be included with the sale. What sales contract...
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Hi everyone,I've been investing in real estate for about 3 years now and have acquired 15 units by 25. Yet, I currently don't have a property to call my own (I've been living with family.) In December I went into cont...
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Hey BP Friends,
I’ve dug up several seller-finance deals lately in an effort to acquire more properties for less money down than your typical 20-25%. The last two opportunities I’ve had, sellers are willing to finan...
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This is probably one of the worst examples you'll ever find. New York Post : Hoarder from hell buries apartment in 6,000 beer cans, mountain of feces.https://nypost.com/2021/08/16/hoarder-from-hell-buries-apartment-in...
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Hi all,I've seen a few successful investors in my area who buy properties cash, fix them up, then rent them out, THEN get a mortgage from the bank, get 75% of their money out and move on to the next. Trying to figure ...