Shawn Choi
New business owners can't attain a mortgage?
Hello,For context on the situation,1. Purchased an investment property in December 2019.2. Took on ownership of an existing business in March 2020 (revenue/profit are both good).3. Identified another property to purch...
Steph Taimanao
Transferring of lease, is it possible to transfer my lessorship?
My sister and I own a property together and I plan to transfer my shared property ownership to her. I am in a fairly fresh lease agreement, going to 2 years. My question is, can my sister take over the lease agreement...
Padam Neopane
How to Get Rid of Time Share
Hello BP Community,
I bought a time share while visiting Arizona few years back. I have used only once. I have been trying to get rid of it so that I do not have to pay yearly fee which was 500 now 1000 $. I wanted ...
Nicholas Utesch
Issues with transferring AirBnB Listing Ownership
Hello,
I was curious if anyone in this forum could provide feedback about an issue we're encountering with a 4 plex that we have done AirBnB on for around 5 years. I am a co-owner of the property (50/50) and my busi...
Bob Hance
Real Estate Trends in the Rental market
Interesting article on the future of REI and the changing rental market from Morgan Stanley.
https://www.morganstanley.com/ideas/millennials-generation-z-housing?cid=dm-5030683:244497680:442294667:116099951&dcl...
Ben Polansky
Maximizing Real Estate Professional Status
Hi BP - first time poster here! I own a few properties in the Los Angeles area with a partner. This year is the first year I will qualify as a real estate professional and be able to take some aggressive deductions th...
Edison Reis
House ownership NOT a priority for millennials
As recently presented in a REIN annual meeting, less than 10% of millennials have home ownership as one of their goals in life. (Actually this is good news for us as rental accommodation providers)They are staying lon...
Paul Clements
What are the basic mechanics of township notification of sale in NJ?
Can someone please let me know the mechanics of the recording process on an owner-financed deal?We write up a deed and execute the sale. The deed gets recorded at the county level in NJ. Let's assume there is no CO ob...
Carol Baker
Commercial resale estate investment
Quickest and most profitable way to raise equity when trying to satisfy the banks request of 100% financing
Isaac Kennedy
Using Parents Self-Directed IRA for RE funds
My parents have some money in their IRA they would like to use to invest in some RE deals I've been working on. We would create an LLC and share ownership. I mentioned this to a colleague and they seemed to think th...