Eduardo Sagues
Buying a property with a partner under personal names
Hi, My friend and I want to buy a property in partnership 50/50 (not under an LLC so we can use conventional loan). He wants to invest his 50% with his wife. My understanding is that if the three of us show on the tit...
Shane Hobbs
Starting out in West Texas
Hi BP,
I'm Shane Hobbs, my wife Sheri and I live in Midland, Tx. We enjoy travel, hiking and too much more to list. We are starting out with buy and hold in mind. Storage looks attractive in the future. I hav...
Tony Lin
How to meet apartment sponsors/leads being out of state
I'm a California investor interested in passive investments in multifamily units around the Dallas area. I've visited DFW recently and want to invest, but find that the one sponsor that I know is usually oversubscribe...
Annette Hibbler
Using AMPS (Assignment of Mortgage Strategies)
I'm very intrigued by the concept of using AMPS to build my own portfolio as well as sell property quickly and easily using owner financing, with very little outlay. Was wondering how many investors have actually uti...
Heather Watkins
State LLCs go in a WY holding LLC. How does the purchase process look from there?
Hi everyone!I have set up a holding LLC in WY and plan to put my CA and TX entities within the holding LLC. My question is, how does the process then become for buying properties in your state LLCs? Usually, the title...
Bret N.
Seller Originated Loan Scenario
If a person owns a property outright for say, 100k FMV, could they create a note on this for say 50k @12 % for guaranteed 5 years without prepayment and sale it. Also, is there a way to "wholesale or flip this note" ...
Noah Laker
TAXES: Divorced client wants to sell
I'm a broker and property manager in Sacramento with 100+ Airbnb properties in my portfolio. Today I had a new situation and obviously can't advise on tax/legal matters, but hoping to get some insight from the communi...
Debbie Lu
Non-occupied Unit issues with the HOA
Hi everyone,I've been dealing with the HOA at my unit in the Bay Area for a few months new and I'm struggling with figuring out what to do. I purchased a condo in 2010 with the intentions of it being an investment pr...
M P.
Section 8 being forced upon us by Obama administration
Hello fellow BPers. I have been a long time reader of these forums and have picked up a tremendous base of knowledge from you, my colleagues, on this forum. I am mostly a passive investor, and so have not had a real...
Connor Lake
Need help with tenant troubles.
Hi guys. I just purchased my first rental property and it already had a tenant in place. She is a very nice lady and always on time with her rent per previous owner. We just signed a lease agreement two days ago. When...