Jeromy Asido
1031 exchange rules for tax returns
Hello,
My parents have a rental property for the past 10 years (purchased in 2010). They are wanting to sell it this year, but it is in a trust. They want to sell it for two townhomes where one will be paid off and o...
Alfred Litton
Is Lending Drying Up for SFHs?
Hello All! Just wondering if everyone else is running into what I've been running into. Called a couple of mortgage brokers I've used before (big ones) to see about a cash-out refi on a property so that I could extrac...
NaDean Bowles
Lending based on the property
I am legally separated from my ex but we have not yet been to court for the hearing. In my state, one of the only ones in the nation like this, in order for me to sign a guarantor backed loan my ex must sign as well ...
Joseph Jacoway
Anyone do Liability Waiver/Hold Harmless agreement when renting out their property?
I am looking at renting out my current primary residence, nice house in a nice neighborhood, and one of the issues on landlords minds is always the liability aspect.
I was wondering if anyone has inserted a liabilit...
Chris Shuptar
How to negotiate seller financing
I wasn't sure where to post this, but some tenants of mine have expressed interest in buying the home after their 3rd year of renting (which is coming up in September). This unit is a pretty good money maker for me, b...
George Wollner
Lack of IRR in Rental Property Calculator
I find that most investors want to see a property's projected IRR (internal rate of return) over the anticipated life of the deal. The biggerpockets rental property calculator does not provide IRR calculations. Migh...
Devan M.
FHA Approved Properties?
Hi, a friend of mine recently told me that to get an FHA loan on a property, the property needs to be FHA approved. It is the first time I have heard of it, but I had been under the impression that as long I was qual...
Kim Hopkins
Requiring Seller to Cease Marketing After Signed LOI?
Hello!I was considering adding to our LOI template a requirement that the seller cease marketing the property, including on any real estate websites (broker website, CREXI, Loopnet, etc) once the LOI is signed. I've n...
Mike H.
Don't try this in San Francisco
Class act here on display. Can't believe the alleged lengths at which this couple went to break the law. https://www.dailymail.co.uk/news/article-6356775/Airbnb-landlords-agree-pay-San-Francisco-2-25-million.html
Matt Ellis
deal help.
Below are notes my VA sent me on a lead. Not sure what to do. Any advice? Asking Price: $70,000 Least Price: Let me see what you can offer but I can work with the price for you.Repairs: No need to. Everything i...