Amy E.
How to sell inventory (multiple houses)?
Last month, I sold an empty SFR pretty easily. I actually posted in my local REIA facebook page and an international investor and I made a deal. This investor has expressed interest in any other properties I may hav...
Terry Portier
Foreclosure Due Diligence Q & A
In looking at a bank owned REOs, courthouse steps or online auctions like auction.com, HUD, etc, or just wanting to understand basic REI principles, please provide some insight and correct me if I am wrong so far.
1...
Lawrence H.
Personal Gtee for LLC
Hi BP!Is it common for refinancing banks to require a personal gtee even if they're lending to an LLC? Isn't the point of the LLC to limit risk to the investor? Additionally, if there is a personal gtee, won't the loa...
Justin Nothem
WB-24 Option to Purchase Agreement ?s (I apologize its so long)
Hello,I will first give you back story then the questions.I have recently started to dabble into real estate. I came across an opportunity to purchase a property that I am leasing for office space. The property has tw...
Patrick Porras
Mold Concern?
Looking into possibly getting this home under contract. Can anyone tell just from the pictures if this might be a mold problem? And if so, the extensiveness and cost it might accrue?
Thanks
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Pete Sailhamer
Mortgage Agreement for a Private Lender?
If I were to purchase a property solely with private lenders (say 3-4 different individuals) using debt financing (i.e. I own the property and they are the 'bank'), in addition to the Promissory Note should I also sig...
Nick Hulme
Which state gets to take my money?
Hypothetical: I live in California, I have an LLC in Wyoming, and I buy long-term rental properties under that LLC in Utah.Which state collects income tax on the cash flow?If I were to sell a property, which state c...
Randall Prosise
Liability of SF With a Pool
Hello EveryoneI have recently purchased 2 SF homes in Scottsdale, AZ, and they each have a pool. I have never owned a SF home with a pool. I am wondering about liability as far as the pool is concerned, as I am in t...
Adrian G.
Developing storage facilities with Shipping Containers...
I have been researching and planning on developing a storage facilities that uses shipping containers as the storage, Im looking for some input on what people think about this idea?
Perry Ivy
Where do you get a new hvac system?
I buy bank repos and most of them need an outside unit at minimum. I was wondering where other investors find good deals on units. I have purchased most of mine used, but when I start doing flips I'll need new units. ...