Angel Moreno
1st time investor with possible good deal
Thank you all for assisting. Need some help or guidance. While searching for opportunities, i came across the following. For sale by owner, with long term tenant in place. Sale price below market. Rent a little ab...
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Buying House From Mother - NEED ADVICE
Hi BP,My mother will be moving out of her house soon and and is looking to sell it. I would be getting a portion of the sale profit but am considering buying the house from her for a discounted price and renting it ou...
Steve Candor
Confused on previous ownership - What is going on?
Currently Listed for $105k2003 TOM HILL purchased from HUD for $65k2004 MIKE HILL purchased from TOM for $33K2010 TOM HILL purchased from MIKE for $0.Tom selling the property for $105k now. What is going on here?
Michael Campbell
Rent Credits
What is the best way to structure rent credits on lease option deals? I understand that there may be dodd-frank issues there, but how does one create incentive for the Tenant/Buyer to where they are somehow chippin...
Kevin L.
adding a partner on the 1031 exchange
HI BP community, My parents have a rental that they'd like to sell and exchange for property in a better location. The goal is that in the future my brother will move into that new property. However, the problem is th...
Arun Chandra
New agent looking to buy personal residence
Hello everyone,I just passed my real estate license last week and I'm waiting for the paperwork to clear the California BRE to get setup with a broker.I am getting married this October and recently moved from Texas to...
Robert Dunbar
On my first BRRRR in ABQ
Hi,I’m working on my first BRRRR in Albuquerque. I closed on the property on July 7th and have been doing 90% of the renovations myself along with my wife. I’m still about 2 months from completing the project. If you’...
Vlad Grigorayeb
New Brunswick property tax for multifamily
Hi Folks :)I am entering the NB multifamily market from Ontario. When running my numbers on potential deals I've been stumbling to estimate the property tax into the near future. Based on my limited knowledge, propert...
Carl Shorett
Primary Residence 121 + 1031
I am looking to purchase a house from someone who has owned the property for 20+ years. Their cost basis is ~$250K and the home is now worth ~$2.5MM. This is their primary residence so they qualify for the $250K Secti...
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legal liability of an agent
Seems Im on a roll here but this is an important one. Say I got an agreement to be paid a commission for a lease over a period of years. The agreement is that the commission will be paid as long as the tenant is there...