Arthur Mayer
Deed in Lieu, Short Sale, or Cash4Keys on 2nd NPN
Scenario:House is worth $65,000. (BPO)Homeowner has a 1st for $58,000 and a 2nd for $15,000. (CLTV 112%)Purchased the NPN 2nd for $2,000She is behind on both her 1st and her 2nd by about 30 days now. The homeowner ...
Donna Salmiery
Found a great deal... but didn't get it
I found a great deal on a duplex and was very excited about it. Went to see it, got home and texted the real estate agent and said I was interested in making an offer. He texted back and said it just went under contra...
Caleb Bryant
2018: What I am investing in
Investing in 20182017 was a great year for a lot of people when it comes to investing. Crypto currencies values skyrocketed, the stock market soared, and even real estate values were through the roof. With the New Yea...
Tony Tibbar
Mileage tax reduction
Currently mileage is 58ct/mile. A] Does that include everything (gas, repairs, etc)?B] Does the LLC need to own the truck to deduct this expense?--- If not who deducts the mileage? ------ B1] The LLC (and passes it on...
James Syed
Buying a Fourplex
Hi everyone,
There so many formulas / equations when it comes to buy an income property, such as cash on cash return, cap rate, debt coverage ratio, break even ratio, gross rent multiplier, price per unit, p...
Nino Alfano
Selling a Chicago Flip question?
So I have learned no one pulls permits for The city of Chicago.
My question is this what happens when you sell the home and the buyer gets an inspection?
Do buyers not get inspections in Chicago ?
Investors tal...
Sam Goldsmith
Does this service exist?
I know that tenant screening services exist, but is there anything out there that makes sure a tenant’s references are legitimate? I had an idea for a website/app business that landlords would sign up for and use to v...
Rory Cox
Paying Off Loan vs Re-Investing Cash Flow?
What are some thoughts on saving cash flow vs paying off mortgage faster? Spoke with an older investor today who likes paying off mortgage faster. But could be bc he's been in the game so long he has excess cash flow ...
Michael Smith
Adding value to rural VRBO rental
Hi, so I have a rural property outside of Houston and rent it on VRBO. Its 2.5 arces total with about 1.5 acres empty field. The house with a front and back yard sit on about an acre fenced from the other 1.5. Am thin...
Patrick Owens
Buying one property for cash or buying several with leverage?
Good evening, BP.I will have a one-time cash inflow from a land sale in the near future.Once deposited, I will have a myriad of decisions on investment types.My first question will be: If I choose a single family hom...