Christen G.
Accounting for multiple properties
I plan on putting a call into my tax preparer as well about this, but figured I'd ask you all to start: My partner and I have 2 multi-families: a duplex and a triplex. We're still getting our feet under us and system...
Brant Richardson
1031 exchange one property into multiple properties.
I will eventually inherit a house worth 700k which is owned free and clear. I would like to use the money as capital to buy many financed properties worth 100-150k each, so we are talking about making a lot of dea...
Jerry Kisasonak
Do you have the seller fill out a seller disclosure form?
In doing your wholesale deals, do you have the seller fill out a seller disclosure? It states in my P&S Agreement that the property is being sold "as-is." Does this negate the need for the disclosure? Being a real...
Nathan Harden
Buying with DSCR then refinancing with DSCR
Hey BP community!I am running low on personal capital so buying a property outright is difficult at the moment (until I refinance/sell my BRRRR projects going on right now). I was wondering if anyone has any experienc...
Danny Webber
Best thing to do right now to prepare for the new REI Market?
My #1 suggestion is to "GET LIQUID/STACK CASH" and be ready to make offers
#2 Get intimately familiar with Loan Assumptions/Mortgage Wraps
Jim M.
Forgot to get HOA approval for paint colors
My wife and I purchased our house 12 years ago and got HOA approval for the deck, the landscaping, and the fence. We finished our basement 5 or 6 years ago and got permits and inspections and are paying taxes on it. W...
Bernard Reisz
Cost Segregation Studies and Reports
Your input is valuable: How do you want your Cost Seg study prepared?For context, let's cover some Cost Segregation fundamentals, and explain the interaction between Land Value and Cost Segregation:Cost Segregation is...
Bienes Raices
Is this a dealbreaker?
I'm planning to go see this house in a few days with a realtor. In the description it says it has an illegal garage conversion but "seller may convert it back to garage". Would you want the seller to do something like...
Brian Green
Zoning Issue with a Falsely Advertised Multi-Family
I purchased a multi-family property in the Summer of '15 that originally showed very positive cash flow and potential appreciation. The property was listed on the MLS as a 3 family + in law suite so my strategy was to...
Brandon Franklin
Do you really need to pay earnest money or can you assign the contract without it?
I have a few questions about wholesaling scenarios. So let's say I have a deal in the works but I don't have the earnest money deposit needed to secure the contract. It's a rental property (duplex) with tenants in ...