Pearce G.
Inherited tenants, no lease
I'm preparing an offer. Long-time tenants are paying 750/mo to seller. Market is >1000/mo. I'm willing to give them some time to find another place or pay the higher rent if they can, but I have to raise it soon...
Jesus A Jaimes
Buying Rental Properties as a General Contractor, with Partner.
Hi BP,
I am hoping someone has advice for me, as I have combed through forums/videos and I cannot seem to find advice FOR a General Contractor looking to buy rental properties. Everything I find relating GC's is on h...
Greg Boney
Cost plus percentage or cost plus fixed?
Hello BP,We are getting ready to begin our first rehab. It will be quite extensive (for us) as the property is in need of major renovation. We are wondering what is the recommended payment method when dealing with a...
Jeff Tumbarello
Sheila got another one
Pioneer Community Bank, Inc., and the Citizens Savings Bank Acquire All Deposits of Ameribank, Inc., Northfork, West Virginia
All Insured and Uninsured Deposits Transferred to Acquiring Banks
FOR IMMEDIATE RELEASE
S...
Joel Owens
How much does your tax accountant charge for your business??
Was wondering do you meet with your tax person once a month??
Do they charge by the hour or do you have them on retainer by paying a set amount a month/year??
I have been doing taxes myself for awhile but now I am g...
Nicholas Sheridan, Jr.
Outside Funding for an LLC
I am running into a financing issue that I can't find the answer to anywhere I search. I am looking at financing options for the next property and what I wanted to do is setup an LLC, have investors (friends and famil...
Brandon Sturgill
What Happens to Title/Note Using Seller Financing
I have a deal where I would like to explore seller financing as a backup to a failed wholesale...property owner in denial about the value of her property (imagine that...). She has 100% equity in the property...so how...
Chris C.
Pay off current mortgage or keep money free
Hi currently have a property that trying to decide if it's better to push to pay off with the money that I have set aside for future investments the positive I see is no more mortgage payments so would be almost the s...
Greg B.
Dowsides to this lease option strategy
I have an interesting purchase strategy being presented to me, and I wanted to put it in front of the community here to help me poke holes in it. The situation: I have a family member who wants to help me out in grow...
Daniel Coleman
Real Estate Development
Here is my question in the development process, how much are renderings and floor plans and when is the architect paid if you need an actual number to take to the bank to get construction started? Basically when is th...