Renae Bouchard
Help me avoid falling into a money pit!
Hi BP Members! We are purchasing our first deal from a wholesaler, set to close on Tuesday. The house is the biggest project we've taken on so far, and I am hoping to manage this mostly on my own. It is a duplex, buil...
Joanne Tsai
how to avoid getting into a bidding war
Hi all, how to avoid getting into a bidding war? are there tips the users here can provide?There have been a few incidence where we and seller has agreed on the price and term, but other much more aggressive offers co...
Daniel Hart
How to avoid liability if contractor is injured?
My insurance agent says that in my state (NC) a liability waiver signed by a contractor is not good enough. He states that the workers should have workmans comp, which will cost about $5k a year for someone earning $...
James Mudd
Confused about PMI...and how to avoid it...?
Hello all,
So...as I am researching the topic on PMI, I am coming up with conflicting responses. I am looking at a 3.5% (30 year) owner-occupied FHA loan for a duplex in Dallas.
From what I understand....
Spork Man
Most companies in US avoid federal income taxes
http://news.yahoo.com/s/ap/20080812/ap_on_bi_ge/corporations_income_tax
Most companies in US avoid federal income taxes
...
David Weintraub
Trying to Buy Portfolio While Avoiding Big Downpayment
Friend of mine has been offered a portfolio of properties, 4 buildings, 3 of which have commercial units downstars, 25 total doors, appraised value $3.5M. Borrower can buy it for approximately $2.5M. Except the borro...
Tandi H.
Give tenant their deposit back to avoid conflict?
In an earlier thread, I described my concerns about getting out a problem tenant. They actually did move out on time yesterday, thats the good news. Bad news is that in the process they removed/threw away all the dr...
Alex Gordon
Can I pick the best applicant? Avoiding discrimination.
I manage my own property with my wife. We have the excellent problem of lots of interested in our soon to be vacant unit. We use cozy.co and advertised in multiple places. To save time we set one showing up in a f...
Tyrone Smith
Avoiding 90 flip rule on owner financed Deal
Ok ? If I purchase a home owner financing for 6 months ballon remodel it and get a contract on it when I transfer it can it all be done at one closing to avoid 90 flip rule requirement fha only will finance properties...
Michael Manger
Newbie: Trying to avoid wasting a realtor's time
I like the mind set that I am the 1st person on my team. I feel that the next person I want on my team should be a real estate broker/agent. (if you suggest I start with someone else please let me know)When I walk in...