Alex Silang
First time flipper. How can one prevent a wholesaler from taking you to the cleaner?
I mean they have so much control. Get a bunch of people to tour the property together. ARV is very generous. Then understate costs. Seems like a tough situation.
Andrew O.
Title search and insurance without escrow?
So I am looking at closing on a house at the end of the week, fsbo. The owner is not exactly trusting, wouldn't sign anything until I was happy with the property and was prepared to pay in full.
So I had a property i...
William R.
Anyone have a firm grip on the math of how Banks determine what to accept for a Short Sale?
I know this is equivalent of asking someone to throw darts in complete darkness, but as I'm researching I'm finding that Banks/Investors have at least some initial approach when contemplating where to set their val...
Bingji Wang
refuse to pay the subsequent tax in Louisiana
The following is question and answer on official auction website of St. Tammany, Louisiana.
Who is responsible for property taxes that become due after the tax title sale and during the redemptive period? The buyer...
Bill Gulley
ATTORNEYS, DO YOU NEED ONE? 1/6/14
Hopefully, our BP member attorneys will chime in!
First thing to understand in RE is that all real estate is local, that's a saying in this business and it means that what you do, how things are done, what is...
Layla Savant
Length of rental period when converting primary residence TO rental for 1031?
Hello everyone! From what I've gathered, when converting a property acquired via a 1031 to a primary residence, one needs to be very careful to not trigger tax consequences by rkeeping the newly acquired property for ...
Phillip Cailey
Nursing home resident needs help selling her home.
I found a lady looking to sell her house, which is paid for. The Catch? She is currently in a nursing home and I'm informed if I buy it, the nursing home gets all the profits and she gets a measly 30 dollars a month s...
Steph C.
LLC Set Up Question
Hello,
I have a question about setting up an LLC for wholesaling. Should my husband and I both be listed on the same LLC so we both can sign at closing? I am thinking maybe we both should be, but I assume that mean...
Gloria A.
Can I hire someone to get tenants in but not manage properties?
Hi all,We have been looking into managing rental properties on our own and currently have a property manager with one home and are self-managing the other home. We've got the management software and maintenance reques...
Josh D.
Listing Short Sale Flips on MLS
Someone was telling me you can not list properties on the MLS that you do not own in Florida.
If you have an option contract on a property, have paid the seller consideration and recorded the notice of option in the ...